Acuant Achieves Unprecedented Growth and Record SaaS Revenue

Acuant posted 196 percent growth in SaaS solutions with 30 percent total revenue growth quarter-over-quarter

 

LOS ANGELESMay 1, 2018  — Acuant, a global provider of identity verification solutions, today announced that Q1 2018 was the largest quarter in company history. Quarter-over-quarter revenue growth of 30 percent was driven in large part by SaaS solutions, which posted 196 percent growth.

Commercial relationships grew over 70 percent for the same period. Acuant added several premier global partners including top credit reporting agency Experian, as well as a top-tier global payments company and the leading healthcare diagnostics company. To meet growing demand, Acuant expanded its presence by adding an EU office.

“We continue to advance our leadership position in the identity verification market,” said Yossi Zekri, CEO of Acuant. “The last two quarters represented the two most profitable quarters in our history. Our SaaS growth is accelerating our transition to a recurring revenue business model that we believe will deliver additional growth and profitability as we continue to execute on building a world-class identity platform.”

Acuant processed more than 50 million transactions in Q1 2018. In March alone customer experience data, measured in millions of non-PII transactions, was generated by over 90 percent of the nations in the world. The company boasts the largest identity document library with more than 6,000 ID types and adds hundreds of new global documents each year.

Acuant’s AssureID with Ozone product was named a Gold Winner in the New Product or Service of the Year category for the 2018 Info Security Product Guide’s Global Excellence Awards. These prestigious global awards recognize cybersecurity and IT vendors that set the bar in all areas of security and technologies. Acuant was also named a finalist in the Fortress Cyber Security Awards.

About Acuant
Acuant is an identity verification platform that instantly reduces fraud while providing seamless customer experiences. Solutions 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. Human assisted machine learning powers the largest ID library processing 196+ countries monthly and having completed more than 3 billion transactions worldwide. Acuant mitigates risk and meets regulatory requirements such as KYC and AML, while protecting PII. Partners include start-ups, Fortune 500 and FTSE 350 organizations in all industries. For more information, please visit acuantcorp.com

PR Contact:
Malini Gujral
Acuant
213-867-2625
marketing@acuantcorp.com

 

 

 

Acuant Drives Industry’s Best Identity Verification Solution Into Automotive Sector with Two New Customers

Clutch Technologies and Pony Car Sharing Choose Acuant to Validate Users with Facial Recognition

LOS ANGELESApril 11, 2018  — Acuant, a global provider of identity verification solutions, today announced two new customers in the automotive sector. Atlanta-based Clutch Technologies, a provider of technology that powers subscription access for the automotive industry, and Pony Car Sharing, a European ride sharing service, have both chosen Acuant for identity verification. Additionally, both companies will employ Acuant’s Facial Recognition Match (FRM) to offer a superior customer experience while minimizing theft and fraud.

“Businesses and consumers are increasingly adopting biometrics, and facial recognition in particular, as a preferred form of identity validation and verification,” said Yossi Zekri, CEO of Acuant. “With mobile devices in everyone’s pocket, new models of automotive services such as Clutch and Pony Car can automate and streamline their workflows, enable mobile and remote customer authentication and protect their assets. This is all accomplished while providing a modern and fast customer experience.”

Clutch chose Acuant’s patented technology to authenticate driver’s licenses. As part of the verification process, Acuant extracts biometric and alphanumeric data from IDs and applies 50+ forensic tests instantly. Clutch will also perform facial recognition match to validate users. Acuant FRM is as easy as taking a selfie and comparing it to biometric data contained in the government-issued ID. Results are given in seconds, comparing the face biometrics of a selfie to the image on the ID and include a liveness detection test to prevent fraudsters from using static images by ensuring that a live person is in front of the camera.

Pony Car Sharing chose Acuant to verify members during onboarding, automatically capturing and validating identification information. Identity information will then accurately auto-populate the Pony Car Sharing database. This eliminates manual entry, photocopying and paperwork. Pony Car Sharing will also employ Acuant FRM for stronger authentication. Customers using the Pony Car Sharing app can be remotely authenticated and unlock cars with their mobile phones.

About Acuant
Acuant is an identity verification platform that instantly reduces fraud while providing seamless customer experiences. Solutions 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. Human assisted machine learning powers the largest ID library processing 196+ countries monthly and having completed more than 3 billion transactions worldwide. Acuant mitigates risk and meets regulatory requirements such as KYC and AML, while protecting PII. Partners include start-ups, Fortune 500 and FTSE 350 organizations in all industries. For more information, please visit acuantcorp.com

About Clutch
Clutch’s vehicle subscription platform provides the automotive industry with an innovative and scalable way to enable vehicle subscription access. Clutch’s patent-pending technology creates a new consumer delivery channel by solving the business challenges associated with managing a subscription fleet of vehicles. Clutch’s technology is powering flexible subscription access for dealers and OEMs across the United States. Learn more about Clutch at www.driveclutch.com.

About Pony Car Sharing
Pony Car Sharing is Romania’s first and largest car sharing service. Offering flexible pricing models, cars are parked on the street where users unlock them with mobile phones and can track them in real time on the app.

PR Contact:
Malini Gujral
Acuant
213- 867-2625
marketing@acuantcorp.com

 

 

 

 

 

Acuant and Healthpac Partner to Improve Patient Intake Process with Automated Patient Data Capture

LOS ANGELESFeb. 27, 2018 — Acuant, a global provider of identity verification solutions, today announced a partnership with Healthpac, a leading provider of medical billing and practice management software. This partnership offers an integrated solution that quickly captures identity information to improve accuracy and reduce wait times in the patient intake process. As a result, healthcare organizations can boost efficiency while improving patient experiences and reducing rejected insurance claims.

“Healthcare organizations are looking for ways to streamline processes and be more efficient,” said Buddy Claborn, CEO of Healthpac. “By partnering with Acuant, we are ensuring that our customers have the best option to improve patient intake, dramatically shortening transaction times with automated data capture that reduces errors and transaction time.”

Acuant’s technology allows patient information to be captured from insurance cards and government IDs and auto-populate electronic medical record (EMR) fields in seconds. This eliminates hundreds of keystrokes and shaves minutes off the onboarding process. Human error is virtually eliminated and claims are processed much faster with accurate data.

“Moving a paper-driven process to digital not only cuts down on paperwork, it allows healthcare organizations to improve patient experience,” said Yossi Zekri, CEO of Acuant. “Healthpac software frees healthcare staff from tedious paper-based systems, replacing them with powerful automated tools. Incorporating Acuant identity solutions reduces costs associated with redundant forms and incorrect information, improving the flow of patient information and transactions.”

Healthpac serves over 30,000 providers in 43 states with software tailored to provide the functionality needed in today’s healthcare industry.

Book time to speak with Acuant or come meet us at HIMSS 2018 in Las Vegas at booth #1635 to learn more.

About Acuant
Acuant is an identity verification platform that instantly reduces fraud while providing seamless customer experiences. Solutions 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. Human assisted machine learning powers the largest ID library processing 196+ countries monthly and having completed more than 3 billion transactions worldwide.

Acuant mitigates risk and meets regulatory requirements such as KYC and AML, while protecting PII. Partners include start-ups, Fortune 500 and FTSE 350 organizations in all industries. For more information, please visit acuantcorp.com

PR Contact:
Malini Gujral
Acuant
213- 867-2625
marketing@acuantcorp.com

 

 

 

 

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
212-239-8594
acuant@luminapr.com

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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PR Contact:
Mike Gallo
Lumina Communications for Acuant Corp
212-239-8594
acuant@luminapr.com

 

 

 

 

 

 

 

 

 

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

Follow Acuant

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PR Contact:
Mike Gallo
Lumina Communications for Acuant Corp
212-239-8594
acuant@luminapr.com

 

 

 

 

 

 

 

 

 

 

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