Innovatrics Releases Digital Onboarding Toolkit

Verifying Identity via a Pic of an ID, then a Selfie


Bratislava, Slovakia, May 16, 2018 (GLOBE NEWSWIRE) -- Continuing its breakthroughs in biometrics technology, Innovatrics is pleased to introduce its Digital Onboarding Toolkit (DOT), a fully automated customer authentication and onboarding solution aimed at banks, commercial institutions, and other organizations addressing the challenge of streamlining the onboarding of customers.

DOT is a ready-to-deploy technology that integrates optical character recognition (OCR) and state-of-the-art facial biometrics into a mobile application, enabling developers and integrators to easily customize the platform according to the respective needs of their clients.

“Innovatrics has simplified the customer onboarding process,” noted Peter Martis, director of Innovatrics Products, in a keynote speech delivered at the recently concluded FINSEC – The Banking Security Summit held in Dubai, “Owing to our advancements in artificial intelligence, we have deployed a ready-to-use toolkit which supports server and mobile (Android, iOS) systems. Customers can conveniently open an account, get a loan, or perform any transaction that requires proving their identity without having to leave their homes -- simply using their own smart mobile devices.”

Depending on the complexity of the onboarding process, the entire transaction of creating an account can be accomplished within a few minutes.

In three simple steps, which start by taking a photo of an ID, then confirming the data, and then finally verifying the identity by taking a selfie, companies can confidently get the required data for KYC (Know Your Client) and risk purposes minus the high probability of human-related errors and added costs.

“Innovatrics' progressive facial biometrics technology enhances a customer's data privacy and safety while using your mobile application, thereby, significantly reducing the incidence of identity theft and fraud plaguing the fast-changing digital world,” added Martis.

About Innovatrics

Innovatrics is an independent, trusted partner for biometric identity management technology. To date, the company has successfully completed over 500 projects in 70 countries, with over a billion people having been biometrically processed using Innovatrics software.

At the core of Innovatrics' biometric solutions are the award-winning Innovatrics algorithms; top-ranked technologies, which combined with an innovative approach and proactive customer care, empower organizations around the world to integrate or build powerful and flexible biometric identification solutions, quickly and easily.

Learn more about Innovatrics on the Web, LinkedIn, Twitter, and Facebook

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