Transforming the way personal information is shared, verified and monetized.
FortifID is a data authentication and privacy platform that uses concepts developed at MIT to verify, authenticate and detect fraud during consumer on-boarding without spreading the consumer’s personal data footprint.
BUILT FOR
Financial Institutions
Crypto Exchanges
Rental Property Management Companies
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Reduce cost of acquisitionImprove conversion rates and onboarding costs and approve only pre-verified customers.
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Improve fraud protectionAccess insights from a trusted data consortium "Circle of Trust (CoT)" for the highest level in data quality.
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Reduce regulatory finesThe "ION" platform reduces the need to store raw data while provenance is recorded for audit purposes.
A large vendor footprint of data providers for verification & authentication leads to high operational expenses (data storage and management + technology + human capital + data cost) during customer acquisition.
This inadvertently also increases friction during new customer on-boarding. FortifID API’s provide a one-stop full-service access to a premier, trusted data network consortium where companies can choose data providers based on quality or preference. The API is engineered for reliability and provides easy integration with interactive flows for ID authentication and permissioned data.
Simple
JSON-based REST API for KYC, AML, Fraud, VoI, VoE.
Secure
TLS Mutual Authentication.
Fast
Verify users within seconds.
Insightful
Get actionable insights, not large reports.
The data provider landscape is fragmented, incomplete and error-filled. This inadvertently leads to higher error rates and higher cost to verify. Permissioned real time data is at a premium and individual’s personal data rights is becoming a focus for both regulatory bodies and the consumer.
The FortifID ‘ION’ platform is a one stop shop for insights from an elite trusted network of non-permissioned and permissioned data sources, without exposing the raw data. The trusted data providers form the FortifID “Circle of Trust” (CoT). The CoT configuration means data stays safely behind the data provider’s firewalls, where our algorithms extract the answers you need and leave behind the data you don’t want, simplifying lending and compliance in a one-stop solution.
Data regulations today protect personal data including how the data is collected, stored, processed and destroyed. Individuals now have rights to: information, access, rectification, withdraw, consent, object, object to automated processing, be forgotten and data portability.
The FortifID platform will provide technical guarantees on regulation. The platform is designed to reduce the raw data footprint across a company’s ecosystem. Algorithms travel to the data providers, generate insights that are transferred back to data consuming institutions instead of raw data. This allows companies to verify a consumer in relation to a Data Subject Access Right (DSAR) request without pulling any additional personal raw data elements.
Reduce cost of acquisition
Improve conversion rates and onboarding costs and approve only pre-verified customers.
A large vendor footprint of data providers for verification & authentication leads to high operational expenses (data storage and management + technology + human capital + data cost) during customer acquisition.
This inadvertently also increases friction during new customer on-boarding. FortifID API’s provide a one-stop full-service access to a premier, trusted data network consortium where companies can choose data providers based on quality or preference. The API is engineered for reliability and provides easy integration with interactive flows for ID authentication and permissioned data.
Simple
JSON-based REST API for KYC, AML, Fraud, VoI, VoE.
Secure
TLS Mutual Authentication.
Fast
Verify users within seconds.
Insightful
Get actionable insights, not large reports.
Improve fraud protection
Access insights from a trusted data consortium “Circle of Trust (CoT)” for the highest level in data quality.
The data provider landscape is fragmented, incomplete and error-filled. This inadvertently leads to higher error rates and higher cost to verify. Permissioned real time data is at a premium and individual’s personal data rights is becoming a focus for both regulatory bodies and the consumer.
The FortifID ‘ION’ platform is a one stop shop for insights from an elite trusted network of non-permissioned and permissioned data sources, without exposing the raw data. The trusted data providers form the FortifID “Circle of Trust” (CoT). The CoT configuration means data stays safely behind the data provider’s firewalls, where our algorithms extract the answers you need and leave behind the data you don’t want, simplifying lending and compliance in a one-stop solution.
Reduce regulatory fines
The “ION” platform reduces the need to store raw data while provenance is recorded for audit purposes.
Data regulations today protect personal data including how the data is collected, stored, processed and destroyed. Individuals now have rights to: information, access, rectification, withdraw, consent, object, object to automated processing, be forgotten and data portability.
The FortifID platform will provide technical guarantees on regulation. The platform is designed to reduce the raw data footprint across a company’s ecosystem. Algorithms travel to the data providers, generate insights that are transferred back to data consuming institutions instead of raw data. This allows companies to verify a consumer in relation to a Data Subject Access Right (DSAR) request without pulling any additional personal raw data elements.
Be a part of the revolution
A data solution that addresses the complexities of the digital world.
