Innovatrics Expands Remote Identity Verification Offering, Launches DOT Trust Platform at Identity Week, London

Innovatrics is launching DOT Trust Platform – a comprehensive suite for remote identity verification and digital onboarding. Officially launching at Identity Week in London, the DOT Trust Platform will provide a complete set of tools and services for cost-effective digital onboarding supplemented with biometric duplicate checks and identity management, allowing organizations to reduce identity fraud by up to 90%. 

Innovatrics, an EU-based provider of biometric identity solutions, is introducing DOT Trust Platform. During the onboarding process, DOT Trust Platform verifies the identity and liveness of a user and checks their “uniqueness”. Based on biometric duplicate checks, it can tell if the user is already enrolled in the database or added to a watchlist and alerts the customers to potential ID fraud. 

“DOT Trust Platform leverages our years of experience and know-how from large-scale  biometric projects. It gives our customers feedback and actionable recommendations for making the onboarding process secure, and at the same time, smooth and convenient for end users. The search for biometric duplicates has reduced the occurrence of ID fraud by over 90 percent compared to traditional customer acquisition in our test markets,” explains Daniel Ferak, DOT Business Unit Director.

DOT Trust Platform combines Innovatrics’ industry-leading facial biometric technology with a powerful identity management system adapted from large-scale ABIS (Automated Biometric Identification System) for comprehensive remote identity verification, empowering organizations to:

• Reduce onboarding costs by up to 90% 
• Lower onboarding time from hours to minutes
• Increase fraud detection by up to 90%
• Remove friction and increase conversion
• Deliver a seamless onboarding experience
• Ready to comply with legal requirements and regulations

The top-ranked facial recognition algorithm developed by Innovatrics’ own R&D team is able to search a database of millions of faces in milliseconds, making the cross-checking process near-instantaneous. The liveness detection and ID document verification algorithms are also developed internally, with liveness detection being one of the few fully passive checks that has passed iBeta level 2 tests.

Innovatrics will showcase the DOT Trust  Platform at the world’s largest and most important identity event, Identity Week, scheduled for June 28 and 29 at London’s ExCeL. Apart from personal visits to the exhibitor booth, visitors can attend three public demo sessions which will be performed directly at Innovatrics booth No. 700 or contact sales@innovatrics.com for a custom demo.