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SOURCE: AU10TIX Limited
AU10TIX Limited, a subsidiary of ICTS International N.V. (ICTSF. OB) and SafeCharge, a leading provider of payment and risk management services to online and mobile merchants, announce the integration of AU10TIX’s BOS ID image authentication and processing technology into SafeCharge’s risk management service offering.
Nicosia, Cyprus (PRWEB) November 22, 2012
AU10TIX Limited, a subsidiary of ICTS International N.V. (ICTSF. OB) and SafeCharge, a leading provider of payment and risk management services to online and mobile merchants, announce the integration of AU10TIX’s BOS - online ID image authentication and processing technology, into SafeCharge’s risk management service offering.
“Rapid reaction time has an increasingly critical influence on businesses and regulatory demand for effective KYC measures are stepping up. Online service providers who want to stay ahead of the game realize that they need to put in place effective automation to help process increasing volumes of ID image files that are submitted via online and mobile channels. With the introduction of AU10TIX BOS, SafeCharge can help its customers increase effective volume handling capacity, improve service, and facilitate regulatory compliance – together equaling a significant competitive edge,” comments Shemer Katz, SafeCharge’s VP Product & Marketing. “The AU10TIX technology for online authentication and processing of passports and IDs has been diligently tested and proven to be meeting the expectations SafeCharge customers. The ID authentication service demonstrates SafeCharge’s ongoing commitment to providing innovative payment and risk management technologies.”
With AU10TIX’s BOS technology in place, SafeCharge’s risk management service now leads the way in the industry with automated identification, authentication, and conversion of ID and passport images to digital records. AU10TIX’s BOS technology has really enabled SafeCharge to offer faster response time, better record quality and improved fraud protection.
“Our forward looking colleagues at SafeCharge definitely intend to stay ahead of the game,” says Ron Atzmon at AU10TIX’s MD. “We are proud to be chosen by a respected partner like SafeCharge and to provide them with our standard-setting technologies. Their choice is a stamp of approval for our excellent ID verification algorithms. AU10TIX is committed to taking this partnership to the next level by constantly delivering innovative solutions for the ever-changing ID verification and authentication market”.
For more information, please visit http://www.SafeCharge.com and http://www.au10tix.com.
"SafeCharge is a leading Payment Service Provider (PSP) that combines financial expertise and technological knowhow to deliver complete processing of card & alternative payment methods, plus a powerful fraud prevention system.
Designed and customized to suit the unique processing needs of online and mobile merchants, SafeCharge's payment solutions guarantee maximum sales conversion with a fully-integrated risk management platform that accurately recognizes and minimizes potential online risks.
Find more on http://www.safecharge.com
AU10TIX Limited, a fully owned subsidiary of ICTS International N.V, deals with the authentication and digitization of identifying documents including Passports, identity cards, driving licenses and other complementary identifying documents. The company specializes in implementing hardware & software based applications used for scanning, identifying, content retrieval, authentication and validation of identifying documents. AU10TIX is a pioneer of all-channel (front-end and online) ID authentication and processing solutions. The company's products drastically reduce identifying document-based fraud, reducing the costs associated with client processing and enabling effective regulatory compliance, while making the sales and support operations speedier and considerably more efficient.
For more information, visit http://www.au10tix.com
About ICTS International N.V.
ICTS specializes in the development and implementation of innovative security concepts and solutions designed to meet the needs of a variety of industries, mainly aviation transportation, border control and sensitive facilities. ICTS International benefits from over two decades of expertise and international operational experience in transportation security, with a particular emphasis on high-risk environments, passenger processing transactions and the integration of security services to provide a comprehensive security solution. It also offers a wide variety of customized training programs, tailored procedures and a wide range of security consulting services. The company has developed and implemented unique technological solutions, based on its comprehensive approach to security, designed to enhance the level of security while accelerating the security check process. For more information, visit http://www.icts-int.com
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the Company’s business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including those mentioned in various Securities and Exchange Commission filings made periodically by the Company, may cause the Company’s actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the Company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in the Company’s expectations or future events.
Shemer Katz, VP Product & Marketing
Tel.: +44 20 3051 3031 x256
Ofer Friedman, Director of Marketing
Tel.: +972-50-4 71 71 50
ICTS International NV
Alon Raich + 00-972-974-47770
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