iProov & Authsignal team up to offer enhanced online fraud prevention
By Gloria Methri
iProov, the specialist in facial biometric authentication technology, and global fraud automation platform Authsignal have joined forces to protect consumers and enterprises from fraud across the U.S., Europe, and Asia Pacific regions.
The partnership will see Authsignal incorporate iProov’s patented Biometric Solution Suite into its fraud prevention orchestration platform to enhance its user authentication services and security protocols.
iProov delivers a user experience with high biometric security to help prevent fraud, identity theft, and other cybercrime during online onboarding, authentication, and identity verification.
“Balancing end-user experience and security is an evergreen challenge for organizations,” said Andrew Bud, founder and CEO of iProov. “Our technology proves that it’s possible to marry the two into a solution that’s easily deployed, with a focus on user security and privacy. We are excited to be partnering with Authsignal to deliver this crucial service that provides companies and consumers with the utmost protection from online fraud.”
Authsignal is focused on solving customer problems in mid-market and enterprise space and is empowering customers across the airline, financial services, FinTech, and marketplace sectors to protect user accounts by enabling them to implement technology solutions faster and simpler than ever before. Teams can observe fraud risk in near-real time and adjust how they manage this risk via a no-code-rules engine.
“We are focused on enabling our customers to secure their user journeys and deliver best-in-class customer experiences. In doing so, we must continually look at how we can enable our customers to further enhance their user’s experience,” said Justin Soong, CEO, Authsignal.
“iProov is leading the way in facial biometric verification, and we are delighted to be partnering with them to integrate the iProov Biometric Solution Suite into our orchestration platform. This will add yet another layer of assurance and protection in our one-click marketplace to protect our customers against the increasingly complex threat landscape.”
IBSi Daily News Analysis
January 16, 2024
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