FinovateSpring 2022 / Identomat

Presenter Profile:

How they describe themselves: Identomat helps financial organizations effortlessly and affordably verify their customers online by providing AI-powered Identity Verification & KYC/AML Compliance as a Service. Our proprietary solution with Liveness Detection, Face Match, Document OCR, Proof of Address, and Live Video Chat for AI-driven or Agent-led KYC workflows is used globally across private and public sectors. Identomat helps companies to enable seamless remote customer onboarding, biometric authentication, age verification, and fraud prevention at a fraction of the costs.

How they describe their product/innovation: Our new identity verification (IDV) AI system automatically recognizes users’ actions, whether it’s showing their ID or proving their Liveness via smile, wink, speech, etc. and escalates prompts (proofing tasks) based on real-time risk level.
It’s the first system that keeps the IDV process UX effortless for the majority of the users who easily pass the checks, while upping the friction for the “problematic” ones. This way, organizations no longer need to find compromise between usability and security when onboarding customers online.

Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms, Licensed

Contacts:

Bus. Dev.: David Lomiashvili, PhD – CEO, info@identomat.com
Press: Maria Tsereteli, Marketing & PR Manager, marketing@identomat.com


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