International Screening Solutions, creator of the award-winning WorldWatch Plus® KYC & Risk Screening platform, has partnered with Acuant to include global identity document verification solutions for banking, blockchain, and consumer reporting agency applications. The partnership adds to the WorldWatch Plus AI-driven automation instant authentication of identity documents from more than 200 countries.
WorldWatch Plus now offers a single, integrated workflow for verifying identity data, authenticating identity documents, and enabling financial and reputational risk assessment that removes friction from customer onboarding experiences and drives unmatched efficiency in risk screening and customer due diligence operations. Since 2015, WorldWatch Plus has been the most-used global risk screening tool in FCRA-regulated settings, and the company has recently expanded into fintech applications for wider know your customer (KYC) compliance.
“We are very excited to include Acuant’s technology on our award-winning platform and deliver a comprehensive solution for our customers,” said Ken Kunsman, ISS Chief Marketing Officer. “Now with one simple workflow, our customers will be able to enhance their individual and business risk assessments with fraud-reducing identity verification tools that work in seconds. Our customers will make important business decisions faster, improving the experience for everyone involved.”
This solution will utilize Acuant’s AssureID with FRM (facial recognition match) for real-time multi-factor identity verification, starting with authenticating the government-issued ID then verifying the ID holder via facial recognition match with image spoofing technology. The entire process is seamless and takes less than five seconds, with no need to store biometric data to ensure privacy.
“Acuant is pleased to partner with ISS for industry-leading identity document authentication, which pairs well with the next generation solutions that WorldWatch Plus has brought to the market for sanctions, PEP, and adverse media screening. The WorldWatch Plus leadership, especially in the workplace screening market, is a great addition to our partnership community. The integration of these solutions creates a best-in-class solution for background screening, customer due diligence and frictionless onboarding,” said Acuant President and CEO Yossi Zekri.