IDEMIA recently created a new product named the ID.X identity platform, which offers consumers secure identity verification through biometric technology. The ID.X identity platform consists of four components including ID.X Proof, ID.X Manage, ID.X Authenticate, and ID.X Access. Overall, the system is able to provide companies with a solution to verify an individual's online identity while protecting the organization against potential threats like theft for fraud.
Muzaffar Khokhar, the EVP of the Digital Business Unit for IDEMA, spoke about the new platform, “A trusted digital identity has the power to transform KYC/AML compliance and fraud challenges into opportunities by enabling business growth, reducing costs, improving efficiency, and supporting the creation of new services."
IDEMIA is becoming one of the most trusted companies for digital authentication, and will be working with Egypt's postal service in the future.
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