October 15, 2016 -
Fujitsu Smart Origination utilizes the camera on the applicant’s smartphone device along with the ImageWare GoVerifyID biometric SaaS offering to collect, process, and verify the user’s identity.
The solution automatically pre-fills data into application fields, verifies identity with credit bureaus, and undertakes device identification and deep geolocation. It also offers step up and step down authentication options on a per transaction basis and the ability for users to share their proven identity with trusted third parties.
According to a statement by ImageWare, this solution delivers unparalleled levels of security for clients based on their risk appetite and yet removes friction for customers in onboarding and support journeys through intelligent use of digital technologies.
ImageWare and Fujitsu are first to market to deliver this solution as a service in a scalable solution either hosted on-premise or on their secure K5 cloud for true global reach and will help enterprises, across all sectors and geographies, convert applicants into customers by providing the user with a fast, simple, and secure process. The combined product offering is available immediately.
“Our partnership with ImageWare allows us to combine best in breed biometric capability with our leading edge origination solution to provide customers with the highest possible confidence in verifying their identity on digital channels with the lowest possible effort,” said Ravi Krishnamoorthi, SVP and Head of Business and Application Services of Fujitsu. “ImageWare’s biometric solution enables a higher level of efficiency with duplicate checks completed in a matter of seconds. Manual data entry and total application time is substantially reduced, resulting in less applicant dropouts.”
ImageWare’s Chairman and CEO Jim Miller commented: “Smart Origination is enabling companies to improve online application security and efficiency. We look forward to expanding our partnership with Fujitsu and bringing our industry leading multi-modal biometric authentication solution to an even broader set of customers around the globe.”