Agility Forex Integrates AU10TIX for ID Authentication and Onboarding Automation

Agility Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, an international payment specialist firm which offers online foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term spot and forward pricing and settlement, announced today that it has integrated AU10TIX BOS, the forerunner of second generation online ID authentication and onboarding gateways.

Faster Transactions

AU10TIX BOS enables a 100 percent automated process of ID image auto-classification, forensic level fraud detection and content extraction together with sub-optimal image qualities and non-MRZ/non-barcode IDs.

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With its multi-lingual global coverage, BOS facilitates effective access to multiple markets and higher operating efficiency. AU10TIX BOS already powers global major players with its screening and decision-support tool at high application traffic volumes.

Choosing AU10TIX adds to the efficiency of our service which means faster transactions for our customers.

Andrew McGuire, CEO of Agility Forex, commented: “Choosing AU10TIX adds to the efficiency of our service which means faster transactions for our customers. AU10TIX BOS convinced us that 2nd generation technology is a must. Basing our solution on semi-automated solutions that deliver mainly data based authentication was not an option as data is easy to steal. AU10TIX technology is definitely the best choice for us as a company and for our clients.”

AU10TIX

AU10TIX Ltd, a subsidiary of ICTS International, deals with the authentication and digitization of identifying documents including passports, identity cards and other complementary identifying documents. Last month, Finance Magnates reported that its technology offering became available to startups operating through Startupbootcamp FinTech, a London-based accelerator focused on financial innovation.

The company's products drastically reduce identifying document-based fraud, reducing the costs associated with client processing and enabling effective regulatory compliance, while making the sales and support operations speedier and considerably more efficient.

“Agility Forex joins the growing ranks of financial services providers that strive to stay ahead of the game”, added Ron Atzmon, Managing Director of AU10TIX. “That means being able to maximize customer conversion while deepening fraud protection and regulatory compliance. AU10TIX is happy to help make that happen with a technology that’s best designed for global outreach and online and mobile conditions.”