Cryptocurrency Fintech News

Prime Trust and AU10TIX collaborate on identity verification

Prime Trust and AU10TIX collaborate on identity verification

AU10TIX solution will optimize security and experience for Prime Trust users

Prime Trust, the innovative API-enabled B2B open-banking financial solutions provider, has selected AU10TIX, global ID verification and authentication platform, to help further its mission to usher in a new paradigm of digital trust and innovation in financial services. The collaboration will focus on strengthening synthetic fraud detection and delivering fast identity verification results.

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“We are proud to serve a wide range of fintech innovators that rely on us for a frictionless user experience that does not compromise security when exchanging money,” said Scott Purcell, CEO of Prime Trust. “When faced with the accelerated shift to digital transactions this year along with the continued rise of synthetic fraud, we decided to work with AU10TIX to strengthen our offering of identity verification tools.”

“As a former fintech executive, I deeply value what Prime Trust is doing to ensure immediate, reliable access to money of all kinds in today’s remote world and I am thrilled AU10TIX will play a role in growing their vision,” said Carey O’Connor Kolaja, President and COO of AU10TIX. “AU10TIX is dedicated to furthering a more secure and inclusive world and in this case that means ensuring a changemaker like Prime Trust is able to show the world the power of trusting nontraditional exchanges like cryptocurrency at scale.”

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