π Tender Overview
Innovatrics identity verification platform DOT Trust Platform provides 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 is introducing DOT Trust Platform a comprehensive suite for remote identity verification and digital onboarding. 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 Innovatrics years of experience and know-how from large-scale biometric projects. It 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 toReduce onboarding costs by up to 90 Lower onboarding time from hours to minutesIncrease fraud detection by up to 90Remove friction and increase conversionDeliver a seamless onboarding experienceComply with legal requirements and regulationsThe top-ranked facial recognition algorithm developed by Innovatrics own RD 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.