📋 Tender Overview
Amazon Web Services Inc. AWS an Amazon.com Inc. company announced that Veriff the global leader in identity verification reinforces its IT infrastructure with AWS. Doing so will keep it ahead of increasingly sophisticated fraud attacks and ensure swift safe digital services for everyone from people applying for a loan to commuters in need of a ride.Veriffs 2023 Identity Fraud Report revealed a 17.9 increase in fraudulent attacks during 2022. Bad actors and fraudsters are adopting emerging technologies including generative AI as they attempt to steal identities launder money and access customer accounts. Staying ahead of these threats requires Veriff to train and deploy its identity verification technology models faster without compromising security.Veriff is expanding its use of the AWS platform. Amazon EC2 instances with the NVIDIA GPU provide the compute power that Veriff requires to build its solutions. Today Veriffs technology can validate more than 11000 government-issued IDs in over 230 countries and territories and in 48 languages.The smooth functioning of the digital economy depends on trust. This requires businesses to rapidly and accurately verify their customers asserted identity without compromising the user experience. From fintech and financial services to gaming operators and marketplace platforms todays innovative businesses need confidence that people wanting to access their services are who they say they are. Veriffs market leading solutions enable organizations to verify users identity as well as estimate their age in seconds. It removes friction from the enrollment process mitigates fraud supports regulatory compliance and maintains trust.The partnership with AWS enables Veriff to accelerate the development of new identity verification solutions for sectors such as financial services mobility gaming and others using the most secure cloud environment available today. More people will be able to securely access the services they need when they need them whether theyre sharing a ride or hiring a scooter in a city center or applying for a loan. In this way Veriffs machine learning models provide consumers with more choice and support social inclusion.Veriff is continuing to be the identity verification partner for some of the worlds biggest brands said Jaanus Kivistik CTO of Veriff. A rapidly evolving digital world inevitably leads to more sophisticated forms of identity fraud that threaten the smooth running of the digital economy and communities online. Partnering with AWS we can help businesses stay ahead of these threats keep the internet a safer place and ensure people can access the services they need.Security is a top priority for AWS and we are proud to play in part in Veriffs role as a cornerstone of the global digital economy through its innovative use of machine learning and computer vision said Marielle Lindgren Director AWS EMEA North. AWS suite of advanced products and services offer a great opportunity to leverage these and other emerging technologies at even greater scale resulting in high level security benefits for businesses and their customers.
