Security
FinTech Enacomm, IDmission partner to fight fraud
March 25, 2021
Banks, credit unions, credit card and payments companies of all sizes searching out identity solutions may now turn to the recently formed partnership between the fintech-enablement company, Enacomm, and IDmission, a global company providing biometric and AI end-to-end digital transformations for applications relying on ID and identity verifications, according to a release.
Enacomm customers may streamline their onboarding processes and boost customer acquisitions using IDmission's secure authentication technologies.
"Remote, digital transactions skyrocketed amidst the pandemic and so did fraud, making the need for fast, secure authentication of customers more important than ever," Ashim Banerjee, CEO, IDmission CEO said in the release. "Biometric technology has become significantly more reliable in recent years, earning it an indispensable role in the Multi-Factor Authentication process."
With features like deduplication, identity-proofing-as-a-service and enhanced biometric multi-factor authentication, IDmission solutions help businesses prevent fraud, identify and compliance threats and enable frictionless customer experiences. IDmission solutions also determines document authenticity.
"Enacomm is proud to add IDmission's biometric and AI-powered identity solutions to our comprehensive technology stack that empowers financial institutions and payments companies with affordable solutions for improving the customer experience, fighting financial fraud, and increasing operational efficiency," Michael Boukadakis, CEO, Enacomm said in the release. "ENACOMM's ultimate goal is to provide our valued customers with a digital gateway that enables them to choose the best available technologies for meeting their needs, despite core platform and provider constraints."
