The partnership will create one of the industry's most comprehensive cloud-based ID verification and authentication solutions, combining best-in-class technologies that support robust identity and document verification solutions to enterprises seeking remote identity proofing.
CONFIRM will tap Acuant's unparalleled global document library to enable CONFIRM's ID authentication capabilities to drive safer transactions for its customers operating in a global environment. Acuant has the industry's largest ID document library with over 6,000 global documents for credential management, including identity documents from over 200 countries.
"CONFIRM has a passion for making the mobile user experience simpler, safer and more secure, a passion that we share," said Steve Maloney, Executive Vice President of Business Development and Strategy of Acuant. "Identity fraud is a serious threat and now that companies are conducting more transactions online, it is imperative that every transaction is conducted securely. Our partnership with CONFIRM is a great representation of our preferred partnership model."
CONFIRM allows for secure transactions between businesses and people by linking physical ID documents to digital identities through mobile SDKs and RESTful APIs. CONFIRM's software uses advanced machine learning and computer vision technologies to dynamically authenticate identity documents by inspecting hidden microprint and advanced security patterns, such as holograms, watermarks, and perforations. CONFIRM has deep experience and focus on mobility and payment solutions.
"Enterprises need to make it a priority to provide a secure environment for their customers," said Bob Geiman, CEO and Co-Founder of CONFIRM. "We are confident that our partnership with Acuant will ensure that businesses can build a community of security and trust with their customers."
About CONFIRM Inc.
CONFIRM enables organizations to rapidly validate customer identity from a driver's license or ID. The company uses advanced machine learning and computer vision technologies to dynamically normalize images, classify, extract and authenticate identity document data. CONFIRM's technology is used by a number of Fortune 50 companies including financial institutions, healthcare providers, insurance carriers, retailers and shared economy companies.
For more information, please visit confirm.io.
Acuant Inc. is a global technology company that provides comprehensive Identity Verification solutions responding to various levels of risk and assurance requirements. Utilizing patented technology Acuant transforms data intake into a business-enhancing proposition while instantly reducing the risk of fraudulent transactions.
Acuant's intelligent engineering is made to work in any industry in any environment with compatibility for Windows, iOS, Android, Hybrid and HTML 5- and built to allow meeting the highest level security requirements and regulations such as KYC, PII, HIPAA and AML. Partners include start-ups, Fortune 500 and FTSE 350 organizations.
For more information, please visit acuantcorp.com