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Techday NZ
21 hours ago
- Business
- Techday NZ
AU10TIX unveils AnyDoc AI tool to combat document fraud risk
AU10TIX has launched AnyDoc Authentication, extending its fraud detection and authentication services to cover a broader range of non-identity documents frequently used in various business operations. The new capability targets documents such as utility bills, bank statements, and tax filings, which have become common vectors for fraudsters who seek to bypass conventional identity checks. AnyDoc Authentication leverages artificial intelligence, forensic forgery detection, and metadata analysis to expose forged, tampered, or synthetic documents. According to AU10TIX, the system performs more than 150 AI-driven forgery tests and processes documents in 5–20 seconds, achieving up to 99.99% accuracy and reducing manual reviews by 90%. Detection features AnyDoc Authentication is designed to flag manipulated text, font inconsistencies, synthetically generated content, and anomalies in document structure. It also validates metadata by cross-checking elements such as timestamps, issuing bodies, and creation trails to ensure document integrity. The product supports the verification of both PDFs and image files without compromising accuracy. Document classification is performed within three seconds, enabling businesses to achieve near-instant authentication and decision-making capabilities. AU10TIX Chief Executive Officer Yair Tal said, "Effective fraud prevention demands more than identity verification; it is built on ensuring the authenticity of every supporting document. With AnyDoc Authentication, we are redefining the standard for non-ID document authentication, enabling organizations to detect fraud at its source, before it infiltrates their systems. This is more than just a security feature; it's a critical layer of defense that fosters trust, mitigates risk, and closes the gaps fraudsters aim to exploit." The system has been customised for use in regulatory compliance frameworks including Know Your Customer (KYC), Know Your Business (KYB), and Anti-Money Laundering (AML). It cross-references data extracted from the documents with trusted third-party sources. This process is designed to minimise the occurrence of false positives, facilitate compliance workflows, and mitigate the risk of synthetic and deepfake document attacks. Industry support AnyDoc Authentication is designed for sectors where both the volume and risk of document fraud are high. In education, it enables the validation of enrolment documents, scholarships, and institutional partnership records. The finance and banking sector can use the tool to identify fraudulent loan applications, tampered financial statements, and unauthorised tax filings. For corporate compliance teams, AnyDoc Authentication facilitates the authentication of supplier contracts, business registrations, and tax records required for Know Your Business (KYB) processes. In travel and hospitality, it can be used to verify address proofs, a variety of travel documents, and materials used for guest onboarding. The product is also available to organisations in the crypto and payments sectors for the detection of fraudulent merchant registrations and the authentication of cross-border KYC submissions. Healthcare providers may use it to confirm the authenticity of insurance documents, prescriptions, and provider credentials. Operational context AU10TIX stated that AnyDoc Authentication aims to provide real-time fraud detection and support organisations in implementing compliance frameworks. By automating the analysis and validation of non-ID documents, the company believes the solution can enable businesses to scale their onboarding and due diligence operations more efficiently while maintaining regulatory standards.
Associated Press
15-05-2025
- Business
- Associated Press
AU10TIX Launches Continuous AML Risk Monitoring Powered by Premium Data Sources
Enables Businesses to Proactively Detect Emerging Risks and Counter Evolving Financial Crime NEW YORK, May 15, 2025 /PRNewswire/ -- AU10TIX, a global leader in identity verification and fraud prevention, today announced the launch of continuous risk monitoring as part of its advanced anti-money laundering (AML) solution. Driven by customer demand, this powerful capability delivers real-time risk insights across the full customer lifecycle—empowering businesses to detect behavioral anomalies and emerging threats as they arise. While traditional AML solutions screen individuals and businesses only during onboarding or periodic reviews, AU10TIX's continuous monitoring capability proactively scans top data sources including global sanctions lists, politically exposed person (PEP) databases, and adverse media in real time to detect anomalies as they emerge. The system dynamically adjusts screening intensity based on customer risk profiles and business requirements—supporting Know Your Customer (KYC) and Know Your Business (KYB) processes while ensuring adherence to evolving global regulations. The new capability provides: 'Mitigating risk requires more than just monitoring—it demands real-time intelligence powered by the best data available,' said Yair Tal, CEO of AU10TIX. 'By continuously screening against premium data sources, AU10TIX enables businesses to detect emerging threats early and act before they escalate.' AU10TIX's AML solution features a proprietary decision-making mechanism, customizable workflows, and a user-friendly dashboard to streamline risk management and due diligence processes. Leveraging real-time, high-quality data from more than 100 global sanctions lists, 1,600 government sites, and 30,000 news sources, AU10TIX ensures unmatched accuracy and speed while minimizing false positives. Its all-in-one API allows seamless integration of KYC, KYB, and AML checks, helping businesses save time, reduce costs, and enhance compliance efficiency. About AU10TIX Founded in 2002, AU10TIX is a global leader in identity verification and management, dedicated to building and securing trust between people, organizations, and digital systems. The company's advanced, AI-powered solutions safeguard the world's largest brands against sophisticated fraud. AU10TIX's future-proof product portfolio enables seamless customer onboarding and verification in as little as 4-8 seconds -- while proactively adapting to emerging threats and regulatory demands. AU10TIX offers the industry's only 100% automated global identity management system and can detect organized mass fraud attacks by analyzing traffic patterns and cross-referencing data across a consortium of over 60 leading companies. With deep roots in airport security, AU10TIX has authenticated billions of identities and prevented over $24 billion in identity fraud. AU10TIX is a subsidiary of ICTS International N.V. (OTCQB: ICTSF). Connect with AU10TIX on LinkedIn and on X at @AU10TIXLimited. For more information, visit Media Contact: Mark Prindle Fusion PR [email protected] View original content to download multimedia: SOURCE AU10TIX LIMITED
