At the 2nd India Fintech Summit, Accura Scan, renowned for its comprehensive solutions in Global Digital KYC, Identity Verification, and Touchless Biometrics, received the esteemed ‘Excellence in Innovation & Technology’ award from Assocham. This recognition highlights Accura Scan’s dedication to providing advanced technology and innovative solutions that address the dynamic needs of various industries. The award was proudly accepted by our Director of Sales & Marketing, Mr. Reza Writer, who attended the event.
Accura Scan’s suite of services is designed to streamline and secure the processes of identity verification and customer onboarding. The company is renowned for its ID Scanning solution (OCR, MRZ, NFC Verification), which ensures accurate and swift data extraction from identity documents. This technology is pivotal for industries such as banking, finance, gaming, dating apps, telecommunication, travel, insurance, and hospitality, where verifying or onboarding customers efficiently is crucial.
One of the standout features of Accura Scan’s offerings is the iBeta Level 2 Compliant Liveness Check Solution. This advanced technology ensures that the person being verified is physically present, thereby preventing identity theft and fraud. The Face Verification feature further strengthens the verification process by comparing the live image of the user with the photo on their ID document, ensuring a high level of accuracy.
Accura Scan’s innovative approach includes advanced optical fingerprint biometrics. By harnessing mobile technology, this solution enables the enrollment and verification of fingerprints, making the process more accessible and user-friendly. This is especially valuable for industries with strict compliance requirements, such as banking and finance.
The benefits of Accura Scan’s solutions are manifold. For instance, in the realm of fraud prevention, the company’s technologies help organizations detect and prevent fraudulent activities by ensuring that only genuine individuals are onboarded. This is crucial for maintaining the integrity and trustworthiness of businesses, especially in sectors like finance and insurance.
In terms of compliance, Accura Scan’s GDPR-certified solutions enable organizations to meet regulatory requirements efficiently. The ID Scanning solution (OCR, MRZ, NFC Verification) and iBeta Level 2 Compliant Liveness Check Solution ensure that businesses adhere to global standards, thereby avoiding potential legal and financial repercussions.
Accura Scan’s technologies also play a vital role in account opening, age verification, investor verification, and customer onboarding. By automating these processes, the company helps organizations save time and resources while ensuring a seamless and secure experience for their customers.
The recognition by Assocham at the 2nd India Fintech Summit is a testament to Accura Scan’s dedication to innovation and excellence. As one of the few companies globally, and the only one in APAC and the Middle East, to be iBeta Level 2 compliant, Accura Scan sets a high standard in the industry. This compliance not only highlights the company’s commitment to security and accuracy but also positions it as a leader in the field of digital identity verification.
Accura Scan’s award for ‘Excellence in Innovation & Technology’ is a well-deserved recognition of its contributions to the fintech industry. The company’s advanced solutions, including ID Scanning solution (OCR, MRZ, NFC Verification), Face Verification, iBeta Level 2 Compliant Liveness Check Solution, and optical fingerprint biometrics, are revolutionizing the way businesses approach identity verification and customer onboarding. With a focus on fraud prevention, compliance, and efficiency, Accura Scan continues to lead the way in providing secure and innovative solutions for a wide range of industries.
Expanding on this recognition, it’s important to note how Accura Scan’s solutions integrate seamlessly into the existing frameworks of various sectors. For instance, in banking, their technology not only enhances the security of transactions but also accelerates the process of customer verification, reducing wait times and improving user experience. In the travel industry, their NFC Verification and Face Verification technologies ensure that passengers can swiftly move through checkpoints, enhancing the overall travel experience while maintaining stringent security standards.
Moreover, the company’s commitment to accessibility is evident in their fingerprint biometric solutions, which require no additional hardware. This not only reduces costs but also broadens the applicability of their technology, making it easier for smaller businesses to implement robust security measures.
As the fintech landscape continues to evolve, Accura Scan remains at the forefront, continually adapting and expanding its solutions to meet new challenges. Their dedication to innovation ensures that they not only meet current industry standards but often set new benchmarks for others to follow.