NextGenID releases biometric identity-as-a-service procurement model with payment options
NextgenID has released a frictionless biometric identity-as-a-service (IDaaS) procurement model for federal agencies with payment options for the ID*Capture Kiosk and Supervised Remote In-person Proofing (SRIP) to reduce enrollment costs, the company announced.
“Our frictionless model allows us to offer our revolutionary technology to agencies at a lower cost, in addition to saving them money long-term,” said Mohab Murrar, CEO of NextgenID, in a prepared statement. “Customers have the choice of using capital to purchase the equipment upfront, paying completely by transaction, or a hybrid of a lower capital payment with a reduced transaction fee. This flexibility allows government agencies to take advantage of our solutions in an efficient and cost-effective way.”
The IDaaS pay-as-you-go business model helps companies install hardware and software without capital expenses that would normally be spent on purchasing enrollment equipment, because companies will use identity proofing transactions to pay for it.
NextgenID’s kiosk securely and automatically collects biometrics and information required for PIV, PIV-I, CIV, TWIC, FRAC and CAC card enrollment. Supervised Remote In-person Proofing (SRIP) technology makes it easy for companies to manage the proofing process remotely, reducing language barriers and improving workflow. It was released earlier this month and developed for government agencies to collect biometrics and other personal information to upgrade identity credential issuance processes and meet social distancing requirements in COVID-19 safety guidelines.
The IDaaS frictionless model combines the ID*Capture Kiosk and software and SRIP solution which is compliant with NIST SP800-63-3 requirements. NextgenID says its new system reduces staffing requirements and transaction times by 50 percent, it decreases physical footprint and supports special needs, among others.
A report last year forecast the IDaaS market to grow rapidly to $26.2 billion by 2027.