News from the Wire

Acuant to showcase IdScan Go at Money 2020 event

Friday, October 31, 2014 — 11:42:54 (EDT)

Las Vegas, Oct. 31, 2014 -- Acuant, formerly known as Card Scanning Solutions Inc., will be showcasing their patented technologies at Money20/20 at booth 924. Acuant has been a leading provider of identity solutionsfor more than 15 years that assist organizations to transform unstructured customer data into useful and easily-accessible information. Acuant’s advanced technology-driven processes eliminate the need for manual data input by automating the intake and with direct integration into 3rd party applications, organizations are able to increase accuracy, productivity and improve ROI.

At Money20/20, Acuantwill be focusing specifically on their mobile and eCommerce solutions. With the ever increasing growth of mobile related technologies, Acuant’s IdScan®Go solution allows for all types of customer data to be collected via a mobile device. By taking a picture of any type of ID document, Acuant technology is able to auto detect driver’s licenses and IDs from all 50 U.S. states and passports from over 90 countries. The data from these ID documents is then automatically populated into applications including registration forms, CRMs and more.

Acuant’s mobile technologiesare being utilized in a variety of industries where historically, data collection needed to take place from behind a desk. The result is automated processes, improved workflows as well as time and money savings. Plus, to meet the security needs of today, all data transmissions are secured via SSL and HTTPS AES 256-bit encryption.

Another key area Acuant will focus on during the exhibition is on their eCommerce solutions. As eCommerce continues to expand daily, so have the expectations of customers who want near, instant services and for transactions to be safe and secure. For organizations, the ability to meet customer needs is paramount but they too want to protect themselves from the abundant security and fraud related issues.

Acuant technologies are being utilized by eCommerce organizations to accelerate transaction processing and to combat fraud at the same time. These technologies enable faster custom onboarding by allowing for an image of an ID card or document to be uploaded and all data automatically populated plus the ability to perform ID verification, age verification and more, instantly. The automating of the registration and verification processhas proven to enhance customer satisfaction and reduce support related queries including the amount of manual labor required in processing orders. On the financial front, the ability to quickly and accurately collect user information and verify it, results in reduced charge-backs.

Acuant’s eCommerce solutions, combined with mobile, are assisting companies globally to drive their mobile commerce strategies with confidence by giving customers faster, better and more efficient services while transacting with ease from their mobile devices.

For more information about the Money20/20, visit money2020.com/ .

About Acuant Acuant, formerly known as Card Scanning Solutions Inc., has been a leading provider of identity solutions for more than 15 years. The Acuant solutions empower businesses to capture customer identity data using any device including tablets and mobile phones. With their patented technologies, unstructured customer data is then validated, authenticated, that can then be integrated into 3rd party applications. This is done through a technology-driven process that automates intake, increases accuracy, and adds value to partner applications. With Acuant solutions, companies are able to optimize customer data management and to foster stronger customer relationships. Additional information on the solutions offered by Acuant can be found at www.acuantcorp.com .

About Money20/20 Money20/20 is the world’s largest event enabling payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology. With 7,000 attendees, including more than 600 CEOs, from over 2,250 companies and 60 countries, Money20/20 is critical to realizing the vision of disruptive ways in which consumers and businesses manage, spend and borrow money. The next Money20/20 will be held on Nov. 2-5, 2014 in Las Vegas, and will be preceded by the Money20/20 Hackathon, which runs Nov. 1-2. To learn more about Money20/20, visit www.money2020.com .

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Source: Company press release.