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Ceevo Selects Acuant Trusted Identity Platform for ID Verification and Customer Onboarding

03/19/2020 | 08:16am EDT

LOS ANGELES, March 19, 2020 /PRNewswire/ -- Acuant, a leading global provider of identity verification solutions today announced a partnership the Ceevo Group to streamline its customer onboarding process and offer immediate ID proofing. An omnichannel payment platform, Ceevo offers customers their payment method of choice for a seamless shopping experience.

Ceevo selected Acuant's Trusted Identity Platform because of its flexibility and ease of use. Supported in iOS, Android and HTML and deployable on smart devices, desktops and kiosks, Acuant enables Ceevo customers to seamlessly interact on any channel and cross-channel to complete multi-factor authentication in an extremely user-friendly workflow. This is critical in today's climate where the majority of transactions are increasingly online and via apps.

"We believe everyone should benefit from the speed at which money, the global economy, and society is changing. But in order to do that, we needed a way to quickly and seamlessly onboard customers, and accurately verify their identity," said Philip Meyer, Ceevo Group CEO. "After evaluating many vendors, we determined that Acuant had the most comprehensive and effective technology platform. In particular, Acuant's mobile HMTL5 SDK was crucial, as mobile collection is the most reliable form of Know Your Customer (KYC) collection today."

Acuant FaceID biometric facial recognition offers speed and accuracy for superior identity proofing to thwart rampant sophisticated fraud such as deepfake videos. Advanced Passive Liveness is now offered in FaceID's Standard and Government classes and works across all digital channels (native and web) bringing liveness tests to the web. Ceevo will be able to seamlessly verify customer identity via HTML (desktop) or mobile device.

"The digital revolution has changed the way people work. Like Ceevo, Acuant's mission is to help businesses stay ahead of changing consumer demands, so they can focus on their business," said Yossi Zekri, President and CEO of Acuant. "This is all the more important in our current global crisis, where businesses and consumers must build trust from a distance. Our technology is purpose-built to create more trusted transactions and we are thrilled to partner with Ceevo to democratize mobile payments."

About Acuant
Acuant provides seamless identity verification for all industries to build your business with valid customers. The Acuant Trusted Identity Platform is powered by AI for the highest speed and accuracy rates. Omnichannel products provide superior customer experiences that allow businesses to establish trust via identity proofing from any location in seconds. Scalable, secure and compliant (KYC, AML, GDPR), award-winning products include government-issued identity document and chip authentication, biometric facial recognition and more. Providing the most global coverage, Acuant has completed more than one billion trusted transactions in over 196 countries. For more information please visit http://www.acuant.com.

About Ceevo
The Ceevo Group specializes in international payment service solutions that empower businesses to accept almost any type of payment from anywhere in the world. The Ceevo Group represents the following entities: Ceevo Financial Services (Malta) Limited and other subsidiaries of Net1 Malta Holdings Limited; the Transact24 Group of companies; and Masterpayment GmbH and its subsidiary companies, namely Summit Payment Services AG and Masterpayment Limited. Ceevo is backed by the experience and technology of its parent company Net1 (Nasdaq: UEPS, JSE: NT1). For more information visit www.ceevo.com.

PR Contact:
Malini Gujral
213- 867-2625


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ę PRNewswire 2020
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