AU10TIX Delves into Deep Learning of Selfies to Prevent KYC Fraud

Photo: Finance Magnates, Automated KYC is a great cost saving effort for online trading companies One of the leading companies in the automation trends in the recognition of identification documents, AU10TIX has been implementing deep learning algorithms to achieve better results, American Security Today reports. The company has delivered a solution to one of the key problems in automating ID verification process, also known to brokerages as KYC (know-your-customer). Join the industry leaders at the Finance Magnates London Summit, 14-15 November, 2016. Register here! According to the company, the algorithm deployed by AU10TIX accurately and quickly identifies any discrepancies between a client’s ID document and a selfie picture which he/she can make via a smartphone and upload. The smart things about the new algorithm is its ability to compare a live…


Link to Full Article: AU10TIX Delves into Deep Learning of Selfies to Prevent KYC Fraud