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What is Oz Biometry?

Developed by specialists at Oz Forensics, the biometric module employs state-of-the-art artificial intelligence techniques and is consistently improved through regular data updates. In 2020, their facial recognition algorithm demonstrated outstanding accuracy levels when tested on the LFW dataset at the University of Massachusetts, highlighting its proficiency. The Oz Biometry module boasts quick identification capabilities, achieving response times of under one second while maintaining an impressive accuracy rate of 99.87%. Since the introduction of front-facing cameras on smartphones in the early 2010s, facial biometrics have become a popular and efficient means of user authentication. This technology can be utilized not only during the initial registration process but also for searching and validating identities against large biometric databases. Moreover, facial biometrics are essential in the KYC (Know Your Customer) procedure, where selfies are compared with photos from identification documents to confirm user identity and check their standing against biometric “black” and “white” lists. The incorporation of facial recognition into everyday security practices significantly improves both user experience and safety, fostering greater trust in digital interactions. As technology continues to evolve, the potential applications of facial biometrics are likely to expand even further.

What is Credas?

Credas is a cutting-edge platform tailored for digital identity verification and compliance, aiding businesses in confirming customer identities, executing anti-money-laundering measures, following Know Your Customer regulations, and carrying out due diligence checks, all while streamlining the onboarding process through secure, instantaneous technology. Utilizing state-of-the-art biometric facial recognition, liveness detection, and digital document verification, the platform ensures an individual's identity is validated against official identification and various integrated data sources, effectively replacing outdated, labor-intensive verification methods with automated workflows that deliver immediate results through a web portal, mobile application, or API integration. In addition to these capabilities, Credas provides features such as PEP and sanctions screening, proof of address verification, source of funds assessment, automated data capture forms, advanced electronic signatures, and customizable onboarding experiences that can be tailored to meet the diverse compliance needs of sectors like finance, legal, property, recruitment, and corporate services. This adaptability and efficiency render Credas an invaluable asset for businesses as they navigate the intricate landscape of identity verification amid evolving regulatory demands. Furthermore, as organizations increasingly prioritize security and compliance, Credas stands out as a solution that not only meets current needs but also anticipates future challenges in identity management.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Free
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Oz Forensics

Date Founded

2017

Company Location

United Arab Emirates

Company Website

ozforensics.com

Company Facts

Organization Name

Credas

Company Location

United Kingdom

Company Website

credas.com

Categories and Features

AML

Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

KYC

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