XFR Financial, a leading provider of Contracts for Difference (CFD’s), delivering trading facilities on shares, forex, commodities and indices, integrates AU10TIX BOS to enhance fraud protection and KYC compliance while streamlining customer onboarding for leading labels such as X-Trade and X-Forex. AU10TIX BOS is considered the leading technology in the market thanks to unique capabilities such as machine-learning-enhanced multi-layer authentication, superior handling of borderline quality images and average processing speed of 10 seconds for acceptable quality ID images.
XFR Financial deploys the acclaimed AU10TIX BOS SaaS (Cloud) service; enabling 100% automated end-to-end processing that includes auto-classification, content extraction, logical authentication, tampering forensics and additional checks. AU10TIX BOS is the only solution on the market capable of such depth and breadth of authentication checks across a wide range of documents, with global reach. Despite the complexity of image processing and authentication checks AU10TIX BOS is seconds fast, enabling immediate reaction to any issues that may arise, while the customer is still in process. AU10TIX BOS eliminates “friction” on the part of customers to the max: No data entry is required – just click&send, while approval or resolution of any issues can take place without delay.
“We chose AU10TIX BOS because we do not want to compromise on either security or speed”, says Atara Yavin, VP Payments of XFR Financial: “AU10TIX BOS enables us to provide first class service to our customers while having the best possible protection against fraud. On top of it is the added value of being able to increase effective volume handing capacity and conversion success chances by virtue of an effortless onboarding process that even allows resolving any issues just as simply”.
“Online trading is one of our more active markets, and for a reason”, says Ron Atzmon, Managing Director of AU10TIX: “This is a fast-moving, competitive space that’s also under increased regulatory scrutiny We greatly appreciate XFR’s vote of confidence in AU10TIX BOS. We found there forward-looking professionals who did their homework and checked all alternatives thoroughly. We are proud to be proven yet again superior to conventional solutions. BOS is next-gen technology.”
“Welcome onboard, XFR Financial”, says Ofer Friedman, VP Marketing of AU10TIX: “And welcome to the age of Secure Customer Onboarding. This is the imminent standard of all regulated markets. Fraud protection, customer service and operating efficiency are no longer separate things. The whole idea behind AU10TIX BOS is that all can take place in the same process. You chose right to make it easier for your customers, and to make it securer and more efficient for you and them. Of course, you’ll benefits from the new capabilities we’ll be bringing to the market later on.“
About XFR Financial
XFR Financial Ltd., Is a fast growing online CFD trading service provider operating with the labels XFOREX and XTRADE. The company’s platform offers its market traders the flexibility and speed to trade anytime and anywhere. XFR Financial labels have global presence with offices and loyal clients in over 140 countries.
For more information, please visit www.xtrade.com
About AU10TIX
AU10TIX Limited, a fully owned subsidiary of ICTS International N.V, deals with the authentication and digitization of identifying documents including Passports, identity cards, driving licenses and other complementary identifying documents. The company specializes in implementing hardware & software based applications used for scanning, identifying, content retrieval, authentication and validation of identifying documents. AU10TIX is a pioneer of all-channel (front-end and online) ID authentication and processing solutions. The company’s products drastically reduce identifying document-based fraud, reducing the costs associated with client processing and enabling effective regulatory compliance, while making the sales and support operations speedier and considerably more efficient.
For more information, visit www.au10tix.com
About ICTS International N.V.
ICTS specializes in the development and implementation of innovative security concepts and solutions designed to meet the needs of a variety of industries, mainly aviation transportation, border control and sensitive facilities. ICTS International benefits from over two decades of expertise and international operational experience in transportation security, with a particular emphasis on high-risk environments, passenger processing transactions and the integration of security services to provide a comprehensive security solution. It also offers a wide variety of customized training programs, tailored procedures and a wide range of security consulting services. The company has developed and implemented unique technological solutions, based on its comprehensive approach to security, designed to enhance the level of security while accelerating the security check process.
For more information, visit www.icts-int.com
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the Company’s business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including those mentioned in various Securities and Exchange Commission filings made periodically by the Company, may cause the Company’s actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the Company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in the Company’s expectations or future events.
Contact:
XFR Financial
Atara Yavin, VP Payments
Email: atara@xtrade.com
Tel.: +44 (0)203 1501387
AU10TIX
Ofer Friedman, VP Marketing
Email: ofer.friedman@au10tix.com
Tel.: +357 (22) 007698
ICTS International NV Alon Raich
Email: mail@ictsinternational.com
Tel.: +31-20-716 3421
SECURE CUSTOMER ONBOARDING 