Acuant Named the Provider of Identity Verification Solutions for iDentyTech Solutions

LOS ANGELESFeb. 14, 2018  — Acuant, a global provider of identity verification solutions, today announced a partnership with iDentyTech solutions, a leading provider of intuitive identity management hardware and software platforms. Under the agreement, Acuant will be the provider of document validation for the iDentyTech IDT™ platform.

“Acuant’s partnership with iDentyTech allows our customers to use kiosks such as IDT Virtual Guard Tower for capturing identity documents and validating visitors on-site,” said Ephram Yeashoua, CEO of iDentytech. “With our Unified Management Platform, combining multi layers of automated identification technologies, a single guard can manage several entry points into a property or facility, ensuring only authorized people are allowed to enter. As a result, Security administrators can better secure their facilities with a great ROI whilst reducing criminal activity.”

Acuant is trusted around the world to help commercial organizations and government facilities improve and protect their business operations. Its solutions provide critical security, streamline workflows and protect against identity theft and fraud. Acuant’s AssureID patented technology extracts biometric and alphanumeric data contained in an identity document to authenticate it by applying more than 50 forensic document-specific tests and utilizing the industry’s largest document library, supporting over 196 countries.

“With AssureID integrated into iDentyTech solutions, customers can easily manage their facility’s physical security and authenticate IDs,” said Yossi Zekri, CEO of Acuant. “We are excited to partner with iDentyTech to make controlling a site easy and more secure.”

More information about securing your business can be found in Acuant’s new white paper, Protecting Your Business & Establishing Trust: The Importance of Identity Verification and How Businesses Should Choose Solutions.

About Acuant
Acuant has over 20 years of experience providing identity verification solutions to instantly reduce fraud while providing a seamless customer experience. Product offerings include intelligent data capture and auto-fill software, identity document authentication, chip and ePassport authentication with PKI, facial recognition software and expert manual review of documents. Acuant’s human assisted machine learning powers the industry’s largest identity document library covering more than 196 countries.

Solutions meet regulations such as KYC, AML and PII for any industry. Partners include start-ups, Fortune 500 and FTSE 350 organizations. For more information, please visit acuantcorp.com

 

 

 

 

 

Acuant Partners with MGT Micro Gaming Technologies Inc., For Secure, Self-Service Player Loyalty Program Onboarding

LOS ANGELESJan. 23, 2018 /PRNewswire/ — Acuant, a leading provider of data capture and authentication solutions, announced that it has partnered with MGT Micro Gaming Technologies Inc., to provide a more enjoyable and secure gaming experience for players at casinos.

MGT develops software to automate, track and report all casino promotions. By integrating with existing player tracking systems, casinos can easily use MGT’s software in slot machines, kiosks, and through mobile devices. Acuant’s partnership with MGT allows casinos to use self-service kiosks for onboarding and collecting valuable data as a part of player loyalty programs. Acuant’s AssureID and AcuFill software eliminate manual screening errors and speeds up the identity document authentication process, making it speedy and convenient for customers to sign up. After players scan their government-issued ID, Acuant authenticates the age of the customer within seconds and issues a player’s card if they are not yet registered.

“Our partnership with Acuant will help streamline the onboarding process for casino loyalty programs, which will benefit both players and casino owners,” said Mark Bryant President and CEO at MGT. “Through this partnership, casinos will be able to create a more efficient and cost effective loyalty enrollment process for their players.”

Acuant’s technology provides instant identity verification to capture accurate player information and comply with underage gaming regulations. Acuant also provides the ability to check against a players watchlist to ensure the player is not flagged for responsible gaming.

“Acuant and MGT allow casinos to automate the authentication of IDs, age verification, and loyalty program enrollment,” said Yossi Zekri, CEO of Acuant. “Players will have a superior gaming experience without casinos forgoing security.”

About Acuant
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.

 

 

 

 

 

Acuant Partners with Nexistant to Streamline Visitor Management Solution

Machine Learning Technology from Acuant Automates Information Capture Powering Seamless Guest Experience

LOS ANGELESOct. 17, 2017 /PRNewswire/ — Acuant, a leading provider of data capture and authentication solutions, announced that it has partnered with Nexistant, which provides a high-definition video conferencing solution that serves as a virtual attendant in lobby reception, retail stores, hotels, hospitals and retail banks.

Nexistant helps security managers maintain a high level of security without compromising the customer experience, automating tasks such as guest check-in, badge issuance, identity check and authentication, and document scanning and signature capture.

Acuant is integrated with Nexistant’s solution, providing the technology to capture any government issued ID or identity document. Acuant has the industry’s largest Identity Document library with over 6,000 Global Documents, powered by machine learning to continuously update support for over 200 countries and all 50 US states. Card information is then securely processed and accurately auto-populated into the virtual attendant to provide a seamless guest experience.

“We are excited to integrate Acuant’s information capture technology into our Virtual Attendant Solution, which offers a warm, human experience over life size, high-definition video enabling service personnel to fully engage in the customer’s environment using an array of sensory input and device controls,” said Martin Yudowitz, President, Nexistant. “Working with Acuant, our solution seamlessly integrates with existing systems like access control, visitor management and core banking, making it a logical extension of the visitor engagement process.”

“Effective visitor management is a critical component of an organization’s total security defense and vital to creating a positive guest experience,” said Yossi Zekri, CEO of Acuant. “We are delighted to partner with Nexistant to provide a world-class infrastructure to automate guest information capture to drive faster, more secure processing in place of time-consuming manual processes.”

About Acuant

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.

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PR Contacts:
Mike Gallo
Lumina Communications for Acuant Corp
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Malini Gujral
Acuant
213- 867-2625
marketing@acuantcorp.com

 

 

 

 

 

 

 

Acuant Acquires Mount Airey Group’s Suite of Ozone® Identity Solutions

Transaction Creates New Gold Standard for Converged Physical and Electronic Authentication

LOS ANGELESSept. 18, 2017 /PRNewswire/ — Acuant, a leading provider of data capture and authentication solutions, announced that it has acquired Ozone®, a line of identity products, intellectual property (IP) and talent from Mount Airey Group, a premier provider of identity solutions used by federal organizations and agencies around the world. According to ICAO there are approximately 100 Nations/States currently issuing ePassports, and over 490 million ePassports are in circulation.

This transaction follows a highly successful partnership between Acuant and Mount Airey Group, which integrated Acuant’s AssureID  with Mount Airey Group’s Ozone e-Passport Authentication technology to create the industry’s most comprehensive e-authentication solution for border control, featuring certificate chain validation for passports and country-specific policy controls.

Bill Russell, Chief Technology Officer for Mount Airey Group stated, “we are excited to bring these two world-class product sets together. They provide powerful state-of-the-art security checks with rapid identity authentication. In today’s world, this full range of identity document verification is a must-have for our customers.”

Ozone, which allows application owners to PK-enable their applications without the need to understand the mechanics of Public Key Infrastructure (PKI), supports enterprise-scale identity and access management (IDAM) solutions, including ePassport analysis, ICAO Public Key Directory (PKD) and validation capabilities, and atomic authorization capabilities incorporated within cloud and mobility solutions. ePassports add a layer of security to traditional non‑electronic passports by embedding an electronic chip in the passport.

“The addition of Ozone into our expanding line of identity solutions strengthens our chip and PKI offering to provide industry leading security,” said Yossi Zekri, CEO, Acuant. “These expanded capabilities will have a significant impact on both government and commercial markets relative to identity verification and authentication trends.”

About Acuant

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

About Mount Airey Group, Inc.

Mount Airey Group, Inc. (MAG) is an advanced technology services company that focuses on enterprise architecture, information security, identity management, secure authorizations, and security related business processes in order to provide solutions that meet the complex information security and technology needs of its customers. MAG actively engages with several international standards bodies including IETF and ISO/ANSI, and is a direct participant in the ICAO-supporting working groups developing the requirements and standards for machine readable documents.

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Mike Gallo
Lumina Communications for Acuant Corp
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Acuant Reports YOY Revenue and Profitability at Record Highs Since AssureTec Acquisition

SaaS revenue grows more than 90%, led by Machine Learning Powered ID Verification Product Offerings

LOS ANGELESSept. 12, 2017 /PRNewswire/ — Acuant, a leading provider of data capture and ID authentication solutions, announced record revenue and profitability, powering more than one billion partner transactions worldwide since its acquisition of AssureTec in June 2016, monthly processing ID’s from all 50 US States, all Canadian Provinces and from 196 countries. SaaS revenue increased in excess of 90% this past year, which has helped achieve almost a doubling of its respective percent of overall business.

“Post a successful integration of AssureTec, we continue to focus on empowering businesses and consumers in today’s digital economy to transact with trust, and together with our growing base of partners to introduce faster, more secure and more user-friendly identity verification solutions,” said Yossi Zekri, CEO of Acuant.

With three intelligent engineering centers located in CaliforniaNew Hampshire and Israel, Acuant offers flexible and scalable solutions for image processing and authentication on cloud and mobile platforms. Adding FRM, biometric facial recognition match with image spoofing detection, and DocX, real time manual identity document review, to further expand its AssureID product continuum, Acuant provides the highest level of accuracy for identity proofing that allows businesses to validate more good customers, creating trust and loyalty, while preventing fraudulent transactions. In today’s world of prevalent data breaches, Acuant offers ID verification products that allow institutions to establish trusted identities without needing to access compromised data and without hassle to customers.

Powered by machine learning, AssureID is approaching 150 million transactions annually and is positioned to grow that number aggressively with mobile, cloud and on-premise solutions, while AcuFill, the company’s extraction and data fill product line, is closing in on 40 million transactions every month.

Since the acquisition, Acuant’s core authentication business has grown to include 20 large government deployments and they have added more than 50 partners which range from large systems integrators to spot solutions designed for industries such as financial services, healthcare and the sharing economy.

Stephen Maloney, Acuant’s EVP Business Development and Strategy, states, “Moving forward, our product continuum will further embrace the convergence of physical and digital identity especially as it relates to identity proofing, and continue to transform our industry.”

About Acuant

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

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Mike Gallo
Lumina Communications for Acuant Corp
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Traffic Control CRM Upgrades its Mobile App with Acuant Auto-Fill Driver’s License Scan Technology

Traffic Control, the CRM, ILM, and EAM (employee activity management) solution for dealers retailing 50 to 150 vehicles a month, has upgraded its mobile app with Acuant, Inc.’s data capture and auto-fill technology.

Now dealership sales teams will scan and capture customer information instantly and conveniently by using smartphone cameras, whether on the lot, in the showroom, or on the service drive. With this upgrade, personnel engaging customers will never need to disengage from them – if only momentarily – to capture and secure personal data.

“For Traffic Control users, this integration speeds up the sales process, secures sensitive customer data in the Cloud and then auto-populates Traffic Control so that information is always readily accessible for working the deal or following up,” said Brendan Hurley, Co-Founder, Traffic Control CRM.

Acuant’s data capture and auto-fill technology provides for mobile photo-capture simplicity and speed. Its process eliminates data-entry errors and creates a secure digital record that reduces the risk of information exposure to the public. With Traffic Control’s mobile app upgraded with this technology, there is no longer the liability risk associated with paper driver’s license photocopies or scans left in copiers or scanners.

“Every second eliminated from processes that involve a customer’s decision and buying process aids in increasing sales conversion rates. Today’s customers not only value high tech and efficient processes but they demand them. Acuant also allows for a worry-free transaction; with driver’s license data securely stored, customers are free to focus on the test drive and evaluating options and not wondering who has access to their private information,” said Yossi Zekri, CEO, Acuant.

Traffic Control is a CRM, internet lead management (ILM), employee activity management (EAM) and desking tool empowering dealerships to monitor and control sales and leads opportunities closely, capture be-backs and declined service sales, and better manage employee activities.

A low-priced, high-value CRM for smaller dealerships, Traffic Control – now in its 10th year – also features mobile apps, it monitors and manages incoming and outgoing calls, offers document scanning for secure and efficient document management, provides Cloud email and messaging, and phone and text consolidation among stores and their customers. Traffic Control provides users consultative and instant support, monthly tune-ups, free online one-on-one user training, and system alerts should the dealership slip behind on its EAM activities. Traffic Control integrates with dealer management systems from Autosoft, Auto-Mate, Adam Systems, and others.

About Acuant

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 in all industries including Government, Financial, Healthcare, Hospitality, and Security. www.acuantcorp.com

About Traffic Control

Traffic Control is a CRM, internet lead management (ILM), employee activity management (EAM) and desking tool that allow dealers to monitor and control sales and leads opportunities closely. It features the benefits dealers expect, including mobile apps, Tell-U-Phone, Cloud email and messaging, document scanning for secure and efficient document management, and consolidated voice, email, and texting communications.   www.trafficontrolcrm.com

 

Media Contact: Jim Leman, 847-840-0784, lemanBIZwriter@comcast.net

 

 

 

Acuant Powers Peer-to-Peer Sharing Platform Boro with ID Verification, Authentication

Acuant’s Identity Solutions Power Innovation, Disruption in the Sharing Economy

Acuant, a leading provider of data capture and identity verification software globally, today announced a partnership with Boro Technologies Corporation (Boro), a peer-to-peer sharing platform that enables users to rent power tools and other popular home items from peers in local communities throughout North America.

Boro offers its customers low rental prices for high cost items by leveraging a peer-to-peer sharing model, reducing transaction and overhead costs compared with traditional rental arrangements. For owners, Boro creates an immediate opportunity to generate income for unused or lightly used assets, while leveraging a flexible work schedule. For renters, Boro offers a convenient and user-friendly platform that provides the popular items they need at a fraction of the cost of ownership.

In a recent survey of 1,000 individuals ages 18-26, Boro found that 72% of respondents expect to participate in the sharing economy in the next two years; 86% say it makes “life more affordable”; and 89% agree it is based on “trust between providers and users.”

Boro will leverage Acuant’s AssureID™ solution to efficiently register and validate the identity of users on its platform. AssureID provides secure and frictionless transactions for Boro customers by extracting the data from IDs, such as driver’s licenses, and authenticating it in one easy step. Users can register on Apple and Android devices and capture their IDs to be accepted as Boro members.

“We are committed to providing a safe environment and an outstanding user experience for our customers,” said Arvin Bhangu, CEO of Boro. “Acuant, a trusted market leader in identify authentication, helps us build a community of trust with our customers as we launch our platform throughout North America.”

Steve Maloney, EVP Business Development & Strategy of Acuant, further states, “Given the fast growth of the sharing economy, Acuant has recognized and met the need for user friendly mobile ID verification with several offerings and is pleased to have been chosen to help Boro grow their customer base.”

About Boro
Boro changes the way you access the things you need. This unique service is packed with amazing products to use whenever you need – from tools you need to start a home project to drones that you can fly on your time off. Book private products from others around you or list your own. Boro is fun, fast and secure.

About Acuant
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

Follow Acuant

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Blog: https://www.acuantcorp.com/blog/
LinkedIn: https://www.linkedin.com/company/acuant
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PR Contact:
Mike Gallo
Lumina Communications for Acuant Corp
212-239-8594
acuant@luminapr.com

 

 

 

Acuant Improves Updates to Industry’s Largest Identity Document Library and Enhances Image Spoofing Detection

With More than 1 Billion Trusted Transactions Worldwide, Acuant Continues to Lead in Identity Proofing

Los Angeles, CA, June 28, 2017Acuant, a leading provider of data capture and identity verification software globally, today announced significant enhancements to its AssureID™ and mobile products, including faster updates to the industry’s largest identity document library and new image tampering detection technology. In response to customer demand, Acuant has also added an optional data storage feature and introduced support for Xamarin SDK, as well as, MySQL.

AssureID now provides a more efficient process for customers to access Acuant’s industry leading identity document library which is continuously updated with the latest version of IDs. As a result, customers utilizing Acuant’s library via local and cloud solutions do not have to wait for updates when new IDs, such a state driver’s license, are introduced. Previously the installation of new software meant a lengthy testing cycle for businesses, especially if frequent software updates were required. AssureID has now separated the document library from the software installation making it as easy as uploading a new file to be up to date. This enhancement allows customer facing web sites and mobile apps to maintain the highest stability and availability.

Acuant is also addressing the growing problem of image spoofing. Fraudsters are using tampered images for biometric facial recognition processes where digital images are used for verification of insurance, licensing, or proof of identity in consumer-not-present transactions. Acuant FRM’s new photo tampering detection technology will not approve illegitimate images, allowing for more valid transactions and preventing fraud.

“In today’s market, transaction delays mean losing customers,” said Yossi Zekri, CEO of Acuant. “We are constantly working to improve the speed and accuracy of our identity proofing solutions to allow for a frictionless experience while offering the highest level of authentication to protect against fraudulent transactions.”

Beyond easy integration, Acuant provides multiple deployment options to match any company’s specific needs and use cases.  Recent additions include extending product support to include a Xamarin SDK for mobile solutions. This allows companies to deliver native iOS, Android and Windows applications using existing skills, teams and code. Acuant’s AssureID Connect has also extended its support to MySQL and AWS Aurora databases for companies, providing an on premise deployment choice that is flexible and cost effective.

Additionally, Acuant has recognized the need and request from businesses to safely and securely store customer data without introducing a threat to Personally Identifiable Information (PII). This is accomplished via Acuant’s proprietary data encryption, which is optional to customers, and allows for future use of customer data.

To learn more about Acuant and how to choose leading identity verification solutions, read their white paper: Beyond Machine Learning.

 

About Acuant

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

Follow Acuant

Twitter: https://twitter.com/acuantcorp
Blog: https://www.acuantcorp.com/blog/
LinkedIn: https://www.linkedin.com/company/acuant
Facebook: https://www.facebook.com/acuantcorp/

PR Contact:

Mike Gallo

Lumina Communications for Acuant Corp

212-239-8594

acuant@luminapr.com

Acuant’s Automated Data Capture Solution Selected by Game Changing Carbon Health to Provide a Hassle-Free Digital Experience for Patients

LOS ANGELES, June 6, 2017 /PRNewswire/ — Acuant, a leading provider of data capture and verification solutions, today announced it will provide its AcuFill™ real time intelligent data capture solution to Carbon Health, a mobile-based connected healthcare network that is building a new healthcare system from the ground up.

Carbon Health will incorporate Acuant’s technology into its mobile healthcare platform, which allows patients to connect with all of their healthcare providers through a mobile device. Carbon Health will leverage Acuant’s sleek and easy information capture solution to improve use experience, streamline the revenue cycle, foster better communications within the healthcare ecosystem, and eliminate rejected claims due to manual entry errors.

The unified end-to-end technology platform is integrated with insurance companies, pharmacies, medical imaging centers and labs, providing independent practices with an all-in-one tool to streamline their practice and allowing physicians to spend more time connecting with patients. Patients benefit from a comprehensive healthcare experience accessible through their mobile device, with direct access to their full medical records and seamless continuity of care between virtual and in-person consultations.

“The Carbon Health team brings the best medical experts, designers and engineers together to build a healthcare network that makes sense to both patients and doctors. Acuant has been a key partner from day one, supporting our vision and providing us with a solution that is integral to our seamless user experience for both patients and practices,” said Eren Bali, CEO and Co-founder of Carbon Health. “We look forward to working with the Acuant team as we continue to pursue our mission of transforming the patient-doctor experience.”

“We are excited to partner with innovators like Carbon Health that are disrupting major industries. The healthcare landscape is challenging and ripe with opportunities to have more pleasing patient experiences while also improving operations and costs for practices. That is where our solutions come in and we couldn’t be more pleased to be a part of the new system Carbon Health is creating,” said Yossi Zekri, President and CEO of Acuant. “Our logic-based technology identifies and captures fields regardless of the specific insurance ID template. This infrastructure will enable Carbon to automate patient registration and create a user-friendly experience while guaranteeing the accuracy of data as it relates to patient care, billing and preapprovals.”

About Carbon Health
Carbon Health was founded in 2016 when CEO Eren Bali and co-founders Tom Berry and Dr. Greg Burrell decided to reimagine healthcare by building a completely new healthcare system from the ground up. Carbon brings the marketplace model to healthcare, connecting practices with a unified technology platform and giving patients access to all of their providers through their mobile device. Carbon currently has a primary care clinic in San Francisco and provides virtual care throughout California. More locations coming soon. Please visit carbonhealth.com to learn more.

About Acuant
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.

Acuant Partners with eLEND to Streamline Automotive Sales Process

LOS ANGELES, May 16, 2017 /PRNewswire/ — Acuant, a leading provider of data capture and authentication solutions, today announced a partnership with eLEND, an automotive technology company, to streamline credit check and financing processes for auto dealerships. eLEND works with more than 3,000 auto dealerships, representing all brands, and is integrated with all major CRM platforms.

Acuant’s AssureID™ and AcuFill™ technology enable dealerships to quickly scan a customer’s ID card, verify demographic information, check for history of fraud or other financial red flags, and automatically port all this information into a database. The integrated technology is proven to reduce the average transaction time by 60 minutes, representing up to a 30% improvement over paper-based, manual entry processes.

“Improving the consumer experience is an enormous challenge facing car dealers today,” said Pete MacInnis, CEO & Founder of eLEND Solutions. “Acuant’s identity verification is a key component of our ID DRIVE product. Our combined solutions are shaving 60 minutes off average transaction times, while increasing sales and profits and improving the consumer’s car buying experience. This is a big deal.  Acuant is a great partner for us.”

With Acuant’s technology, OCR scanning also converts information captured from driver’s licenses, passports, and other government-issued IDs into text format. The system then checks the information against DMV and other records, and auto populates applications the dealership uses for CRM, financing, and regulatory compliance.  eLEND’s platform also offers hard and soft pull credit solutions to automotive retailers.  Combining the two technologies, the driver’s license can triggers a consumer consented pre-qualification with no social security number requirement, jumpstarting the buying process.

“We are excited to work with eLEND to empower auto dealers to bring financing to the front of the sales process,” said Yossi Zekri, President and CEO of Acuant. “Capturing information and verifying potential customers early in the sales engagement process leads to higher closing ratios, a better customer experience, and more profitable deals. Everyone involved benefits when we can cut deal-making time from hours to minutes.”

Acuant solutions are cloud-based and mobile ready, which means customer engagements can originate online or on the lot, and can be picked back up from any point if interrupted by the customer. Capturing quality, vetted data at the entry point carries through all back-end processes to positively impact everything from first handshake to final insurance certification.

For more details on Acuant and eLEND’s use of this industry leading information capture and authentication solution, please visit https://www.acuantcorp.com/case-studies/elend_assureid_idverification/

About Acuant
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.