Acuant

New IDology Research Reveals 60% of Consumers Don't Believe Companies Do Enough To Protect Their Data as Demand for Security Grows

Retrieved on: 
Tuesday, October 4, 2022

ATLANTA, Oct. 4, 2022 /PRNewswire/ -- IDology, a GBG company, today released its Fifth Annual Consumer Digital Identity Study, providing valuable insights into consumer expectations and behavior. This year's study confirms that consumers still want it all and expect companies to deliver secure, fast and personalized access to the products and services they need, when and where they need them.

Key Points: 
  • Fifth Annual Consumer Digital Identity Study provides valuable insights into consumer expectations and behavior.
  • "Consumers expect secure, easy and trustworthy interactions and aren't afraid to walk away from anything less.
  • Consumers hold a grim view of the future, with 56% expecting fraud attempts to rise (up from only 38% in 2021).
  • When opening an online account, 68% of consumers prioritize security while 32% place more importance on convenience and ease.

Acuant Integrates with Ping Identity's DaVinci to Deliver Superior Customizable KYC Solutions

Retrieved on: 
Tuesday, August 16, 2022

Acuant joins a growing network of technology partners developing integrations with PingOne DaVinci through the Ping Identity Global Technology Partner Program .

Key Points: 
  • Acuant joins a growing network of technology partners developing integrations with PingOne DaVinci through the Ping Identity Global Technology Partner Program .
  • Partner solutions that integrate with PingOne DaVinci deliver an improved customer experience in a fraction of the time through easy drag-and-drop design of digital user journeys across multiple applications and ecosystems.
  • AI-powered identity verification , regulatory compliance(AML/KYC) and digital identity solutions deliver unparalleled accuracy and efficiency that balance security with customer experience.
  • "Ping Identity is committed to expanding our technology partner ecosystem to deliver better, more frictionless customer experiences," said Loren Russon, the SVP of product management at Ping Identity.

Acuant Integrates with ServiceNow to Automate and Transform Onboarding and KYC Compliance for Financial Institutions

Retrieved on: 
Tuesday, July 26, 2022

LOS ANGELES, July 26, 2022 /PRNewswire/ --  Acuant, a GBG company and leading identity verification provider, today announced an integration with ServiceNow Financial Services Operations, providing customers with seamless online identity verification, Know Your Customer (KYC), Know Your Business (KYB) and Anti-Money Laundering (AML) regulatory compliance in one solution.

Key Points: 
  • In the digital world, financial institutions must balance customer experience with compliance while also reducing fraud risk.
  • This partnership offers businesses a streamlined way to automate, accelerate and scale onboarding, while maintaining regulatory compliance and reducing risk.
  • "Through this integration, we're helping financial institutions deliver the best digital experience possible, from start to finish, andsucceed in an environment of increasing fraud, regulation and competition."
  • Built to be privacy minded and inclusive, Acuant technology is accessible to all demographics globally and has the industry's largest identity document library.

Loquat Chooses Acuant to Automate and Fortify Anti-Money Laundering Compliance for its Banking-as-a-Service Platform

Retrieved on: 
Tuesday, June 14, 2022

LOS ANGELES, June 14, 2022 /PRNewswire/ -- Acuant, a GBG company and leading identity verification provider, today announced a partnership with Loquat, a Banking as a Service (BaaS) platform for credit unions and local banks. Loquat will leverage Acuant's end-to-end compliance software solutions for automated Anti-Money Laundering (AML), Know Your Customer (KYC), Know Your Business (KYB) and Transaction Monitoring.

Key Points: 
  • Loquat will leverage Acuant's end-to-end compliance software solutions for automated Anti-Money Laundering (AML), Know Your Customer (KYC), Know Your Business (KYB) and Transaction Monitoring.
  • Small businesses are local, so Loquat went local, partnering with their banks of choice, credit unions and local banks.
  • "Acuant and Loquat share a commitment to our customers and the security of their data," said Zarina Tsomaeva, Founder and Chief Executive Officer of Loquat.
  • Loquat is a banking-as-a-service digital platform that enables credit unions and local banks to digitally serve small businesses.

IDology Launches ExpectID® Business, Brings Know Your Business (KYB) to Industry-Leading Identity Verification Platform

Retrieved on: 
Tuesday, June 7, 2022

ATLANTA, June 7, 2022 /PRNewswire/ -- IDology, a GBG Company and leading identity verification provider, announces the launch of ExpectID Business, adding Know Your Business (KYB) to its ExpectID platform. ExpectID Business automates KYB verification for compliance and raises the bar on business-to-business fraud protection. By digitizing business verification, companies can more efficiently scale operations while onboarding new customers faster. IDology's ExpectID platform fuses KYB and KYC due diligence with multiple layers of risk detection and fraud protection for one powerful, programmatic solution that enables businesses to transact with trust.

Key Points: 
  • ATLANTA, June 7, 2022 /PRNewswire/ -- IDology , a GBG Company and leading identity verification provider, announces the launch of ExpectID Business, adding Know Your Business (KYB) to its ExpectID platform.
  • ExpectID Business automates KYB verification for compliance and raises the bar on business-to-business fraud protection.
  • By digitizing business verification, companies can more efficiently scale operations while onboarding new customers faster.
  • ExpectID Business goes beyond basic KYB and KYC verification to provide a deep, comprehensive and holistic perspective of the risk associated with both the business and the authorized users.

GBG increases focus on global products and creates the largest pure play identity verification and fraud prevention provider in the Americas

Retrieved on: 
Wednesday, April 6, 2022

This union creates the largest pure play identity verification and fraud prevention provider in the Americas.

Key Points: 
  • This union creates the largest pure play identity verification and fraud prevention provider in the Americas.
  • By uniting Acuant and IDology, GBG becomes the biggest identity and fraud specialist in the world's largest and most strategically important market.
  • Additionally, GBG was recently named as a Representative Vendor in 2022 Gartner Market Guide for Identity Proofing and Affirmation1.
  • GBG develop and deliver digital identity, address verification, fraud prevention and compliance software to over 21,000 customers globally.

GBG increases focus on global products and creates the largest pure play identity verification and fraud prevention provider in the Americas

Retrieved on: 
Wednesday, April 6, 2022

LONDON, April 6, 2022 /PRNewswire/ -- GBG, the experts in digital location, identity verification and fraud software, today announce the next step in the company's growth strategy, uniting Acuant and IDology under the leadership of Christina Luttrell, formerly the CEO of IDology. This union creates the largest pure play identity verification and fraud prevention provider in the Americas. To further accelerate global capabilities and ensure a consistent experience with best-of-breed solutions, GBG also announces the formation of a Global Products group led by former Acuant President and CEO Yossi Zekri.

Key Points: 
  • - Acuant and IDology teams unite under the leadership of Christina Luttrell, formerly the CEO of IDology, creating the largest pure play identity verification and fraud prevention provider in the Americas.
  • This union creates the largest pure play identity verification and fraud prevention provider in the Americas.
  • By uniting Acuant and IDology, GBG becomes the biggest identity and fraud specialist in the world's largest and most strategically important market.
  • GBG develop and deliver digital identity, address verification, fraud prevention and compliance software to over 21,000 customers globally.

YouHodler Enriches KYC Verification Process With Sumsub

Retrieved on: 
Wednesday, March 30, 2022

YouHodler already uses Acuant and Ondato solutions to manage the KYC/AML process as well as Elliptic for crypto AML management.

Key Points: 
  • YouHodler already uses Acuant and Ondato solutions to manage the KYC/AML process as well as Elliptic for crypto AML management.
  • Adding Sumsub will only make the process better for clients and more secure all around.
  • In addition, Sumsub will optimize YouHodlers overall verification costs and bolster the platforms relationship with the clients.
  • As with all platform integrations , the YouHodler team went through a long and detailed testing process of Sumsub before full integration.

Acuant Achieves Milestone in FedRAMP Authorization for Cloud-Delivered Identity Verification Solution to Government Agencies

Retrieved on: 
Wednesday, December 1, 2021

Acuants digital identity solution is now available in the FedRAMP marketplace to power more secure and user-friendly identity verification.

Key Points: 
  • Acuants digital identity solution is now available in the FedRAMP marketplace to power more secure and user-friendly identity verification.
  • Acuant is currently a trusted government partner providing highly accurate and easy-to-use identity verification services.
  • The JAB P-ATO can be leveraged by any government agency, thereby driving wider adoption across government agencies.
  • The complete identity proofing solution integrates document authentication and identity verification software in the same API making it easy to deploy.

GBG Announces It Has Agreed to Acquire Acuant, Bringing Together Two Leaders in the Global Digital Identity Market With Combined Revenue of c.£265 Million

Retrieved on: 
Friday, November 19, 2021

The acquisition of Acuant brings together two of the leaders in the global digital identity market with a combined revenue of c.265 million.

Key Points: 
  • The acquisition of Acuant brings together two of the leaders in the global digital identity market with a combined revenue of c.265 million.
  • The acquisition creates a leader in the strategically important North American market and accelerates the rollout of GBGs identity and fraud solutions globally.
  • The global identity verification market is projected to reach $15.8 billion by 2025 and the fast-growing identity fraud market is projected to be worth $9.6 billion by 20251.
  • GBG are the experts in digital location, identity and identity fraud software, helping organisations across the globe eliminate friction from their digital experiences.