Kofax Wins "Most Innovative Solution for Banking Customer Authentication" Award for Third Consecutive Year
(Thomson Reuters ONE) -
Grand Prix Banque & Innovation Honor Recognizes Kofax Mobile ID Customer
Onboarding Solution and its Anti-Fraud Capabilities
IRVINE, Calif., Oct. 18, 2017 (GLOBE NEWSWIRE) -- Kofax(®), a leading provider
of software to simplify and transform the First Mile(TM) of business, today
announced that Kofax Mobile ID(TM) has won "Most Innovative Solution for Banking
Customer Authentication" in the 2017 Grand Prix Banque & Innovation Awards in
Paris, France.
Now in its fourth year, the Awards identify excellence and innovation in the
banking sector. The program acknowledges technology companies that have launched
and implemented the most outstanding banking-related software solutions,
initiatives and projects in France over the past twelve months. This award
highlights the new facial recognition and ID verificationfeatures of Kofax
Mobile ID that determine the authenticity and validity of identification
documents and their holders.
Kofax Mobile ID removes friction from the onboarding process and helps financial
institutions comply with ever changing Know Your Customer (KYC) and Anti-Money
Laundering (AML) regulations to combat fraud.
Kofax Mobile ID allows an applicant to use a smartphone or other mobile device
to take a picture of their driver license, passport or national identity card,
and then uses liveness detection with auto capture to ensure that the applicant
takes a live picture of themselves. Multilayered image filters are used to
confirm the ID's authenticity, and facial recognition technology compares the
just taken photograph of the applicant with the picture on the ID to ensure the
applicant is in fact the person pictured on the ID. If they match, the applicant
is validated and the digital content is then extracted, validated and submitted
to Kofax TotalAgility®, the Company's unified digital transformation platform,
and other enterprise applications for further processing.
"We're honored to win this award three years running. It validates our vision
and expertise in mobile technologies and the banking industry," said Reynolds C.
Bish, Chief Executive Officer of Kofax. "Kofax Mobile ID is already used by
leading global organizations to onboard customers and verify their identities
faster, which is critical to removing friction, reducing fraud and improving
compliance."
Kofax Mobile ID is available as a standalone product or bundled with Kofax
TotalAgility to deliver a broader, more comprehensive solution to drive digital
transformation throughout financial institutions.
About Kofax
Kofax is a leading provider of software to simplify and transform the First
Mile(TM) of business. Success in the First Mile can dramatically improve the
customer experience, greatly reduce operating costs and increase
competitiveness, growth and profitability. Kofax software and solutions provide
a rapid return on investment to more than 25,000 customers in financial
services, insurance, government, supply chain, business process outsourcing and
other markets. Kofax markets its solutions via a direct sales and service
organization, along with a global network of more than 1,000 authorized partners
in more than 70 countries throughout the Americas, EMEA and Asia Pacific.
© 2017 Kofax Limited. Kofax and Kofax TotalAgility are registered trademarks and
First Mile and Kofax Mobile ID are trademarks of Kofax Limited.
Media Contact:
Sylvia Chansler
Sr. Manager, Public Relations
+1 (949) 783-1476
sylvia.chansler(at)kofax.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kofax, Inc. via GlobeNewswire
Datum: 18.10.2017 - 08:00 Uhr
Sprache: Deutsch
News-ID 564108
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