technology 3 Sep 2024
AuthenticID, a global leader in identity verification and fraud prevention, has announced the latest release of Smart ReAuth™, a reauthentication solution that utilizes selfies for rapid and secure identity confirmation. Initially launched in 2021, this enhanced version offers verifications in less than one second and boasts rapid deployment capabilities, positioning itself as a powerful tool in the fight against identity fraud and account takeovers (ATO). As businesses face increasing threats from sophisticated fraudsters, Smart ReAuth™ provides an efficient, biometric-based approach to secure transactions and access.
Key Features and Benefits of Smart ReAuth™
Biometric-Based Reauthentication:
Smart ReAuth™ employs a biometric approach to reauthentication, ensuring fast, accurate, and secure identity verification. After initial enrollment, where users undergo a full identity verification process, they can use Smart ReAuth™ for subsequent verifications in high-risk transactions, password resets, or simple logins. This approach not only enhances security but also streamlines the user experience, making it easier for verified customers or employees to access services while blocking unauthorized attempts.
Flexible Deployment Options:
Businesses can deploy Smart ReAuth™ quickly via web service or embed it directly into their existing web or mobile workflows. The intuitive admin console provides a user-friendly interface for merchants, while the customizable settings allow businesses to tailor the solution to specific use cases and risk levels, ensuring a seamless and secure experience for end-users.
Enhanced Security and Privacy Measures:
In an environment where even verified identities can be compromised, Smart ReAuth™ includes liveness detection and anti-fraud checks to confirm that the person is present and matches their claimed identity. The platform also utilizes secure encryption storage, ensuring that reverified information is kept in a separate, encrypted database within AWS clusters. Custom data retention policies further enhance security, allowing for instant data deletion as needed.
Combatting Rising Identity Fraud:
According to the 2024 State of Identity Fraud Report and the 2024 Mid-Year Identity Fraud Review, both identity fraud and data breaches are at record highs, posing significant risks to consumers and businesses alike. Smart ReAuth™ serves as a critical tool in reducing fraud losses by providing an additional layer of security that adapts to evolving threats, effectively deterring bad actors from exploiting security gaps.
Customer Experience and Security Balance
As Alex Wong, VP of Product Management at AuthenticID, explains, "Businesses are constantly trying to balance both security and customer experience, but with the increase in sophisticated identity fraud threats, businesses need the enhanced security that biometrics offers. Smart ReAuth™ was developed to ensure that this solution isn’t just a powerful tool to fight fraud, but also improves the customer experience, giving fraud-weary customers peace of mind while eliminating the need for cumbersome processes like KBA or passwords."
Use Cases for Smart ReAuth™
Smart ReAuth™ is part of AuthenticID’s broader suite of identity verification technologies that deliver fully automated verifications with over 99% accuracy in detecting counterfeit IDs and 98% first-time pass rates. It is designed for both consumer and workforce applications, including:
Account Takeover Protection:
Smart ReAuth™ provides robust protection against account takeovers and deepfake attempts during account recovery, password changes, large purchase transactions, and more.
Workforce Access Management:
The solution secures sensitive data while enabling easy access for employees and contractors, based on security levels defined by the business.
Zero Trust Security Model:
Smart ReAuth™ aligns with zero-trust security frameworks, ensuring that users have the necessary access to resources while maintaining strict fraud prevention measures.
As identity fraud continues to surge, businesses need reliable, scalable solutions to protect their customers and operations. Smart ReAuth™ by AuthenticID offers a sophisticated blend of security and convenience, ensuring that companies stay ahead of emerging fraud techniques while delivering a superior customer experience. With its biometric-based verification, flexible deployment, and strong security measures, Smart ReAuth™ stands out as a critical tool for businesses aiming to safeguard their digital ecosystems.
identity management 3 Sep 2024
Rezonate, a leader in identity-centric security solutions, has launched a new identity security solution tailored for mid-market companies. This innovative offering aims to reduce the identity attack surface and improve compliance efforts significantly faster than traditional Identity and Access Management (IAM) tools or manual methods. By providing a unified view of all identity data, access pathways, and security configurations, Rezonate’s solution delivers a cost-effective, streamlined approach to identity security, making advanced capabilities accessible even to resource-constrained organizations.
Key Features and Benefits of Rezonate’s Mid-Market Identity Security Solution
Unified View of Identity Data and Access:
Rezonate’s platform offers a single pane of glass into all identity data, access pathways, and security configurations across multi-cloud, multi-Identity Provider (IdP), and SaaS-heavy environments. This comprehensive visibility strengthens security and compliance postures, allowing teams to monitor and remediate issues like over-privileged users, improper entitlements, anomalous behaviors, and misconfigurations effectively.
Continuous Monitoring and Real-Time Actionability:
With Rezonate, organizations gain continuous monitoring and real-time actionability, enabling them to identify shadow IAM, high-risk identities, and misconfigurations that need immediate attention. The integrated threat detection and response (ITDR) module helps prevent breaches before they escalate, while the identity compliance module automates access reviews and risk-enabled remediations, scaling proactive identity security efforts.
Seamless Integration with Leading Platforms and Applications:
Rezonate’s solution is designed to integrate seamlessly with major identity providers, including Okta Workforce Identity Cloud, Google Workspace, and Microsoft Entra ID. It also supports business-critical SaaS applications like Salesforce, GitHub, Snowflake, and Workday, ensuring comprehensive identity security across an organization’s entire digital ecosystem.
Risk-Based, Context-Aware Security Approach:
By adopting a risk-based and context-aware approach, Rezonate empowers security teams to prioritize high-risk identities and sensitive application access. This approach simplifies remediation processes, allowing teams to act directly from the platform and maintain an always-on identity security posture that adapts to evolving threats.
Benefits for Mid-Market Organizations
Fast Time-to-Value and Cost-Effectiveness:
Rezonate’s mid-market offering delivers a rapid time-to-value by reducing the identity attack surface from day one. Its simple and predictable licensing model, based on the number of identities per year, allows organizations to scale their security efforts cost-effectively without the need for heavy investments in resources or time.
Tailored Support and Implementation:
Rezonate takes a partnership approach to ensure successful delivery and implementation. Each customer is assigned a Customer Success Program Manager to guide them through the process, from initial risk assessments to setting up customized risk profiles, alerts, and remediation workflows. This tailored support ensures that key metrics are achieved and that organizations can effectively manage their identity security landscape.
Enhanced Compliance and Security Posture:
Mid-market organizations often face challenges in meeting compliance mandates and cyberinsurance requirements. Rezonate’s solution addresses these needs by providing continuous compliance monitoring and automating access reviews, helping organizations stay ahead of auditor expectations while maintaining robust security measures.
As mid-market companies continue to expand their tech stacks across complex cloud and SaaS environments, securing identities becomes increasingly critical. Rezonate’s new identity security solution offers a comprehensive, proactive approach to managing and protecting identities, making advanced security capabilities accessible to resource-constrained organizations. By providing a unified view of identity data and streamlining remediation processes, Rezonate empowers mid-market teams to maintain control, achieve compliance, and protect their most critical assets efficiently and effectively.
advertising 3 Sep 2024
Taboola, a global leader in powering recommendations for the open web, has announced that its advanced performance advertising bidding technology, Maximize Conversions, is now available to all advertisers. This AI-driven technology simplifies campaign management by automating the bidding process, allowing advertisers to focus on their budgets and marketing goals while achieving significant increases in conversions.
Key Features of Maximize Conversions
AI-Powered Bidding Technology:
Maximize Conversions leverages artificial intelligence to automate the bidding process for performance campaigns. By managing bids and optimizations algorithmically, the technology helps advertisers drive more conversions and reduce campaign costs. Advertisers simply provide their budget and objectives, and the AI handles the rest, ensuring campaigns are optimized for the best possible results within the allocated budget.
Increased Conversions and Lower Costs:
Advertisers using Maximize Conversions have seen impressive results, with many achieving up to a 110% increase in conversions. This is attributed to the advanced conversion tracking methods and tools provided by Taboola, which allow for precise targeting and effective campaign management.
Broad Accessibility for Advertisers:
Previously limited to certain advertisers using Taboola’s conversion tracking tools, Maximize Conversions is now accessible to all advertisers, regardless of their campaign setup. This expansion opens up the technology to thousands of additional advertisers, enabling them to leverage AI-driven optimizations without the need for specific tracking tools.
High Adoption Rate and Positive Outcomes:
Maximize Conversions has already seen widespread adoption, with 70% of Taboola's advertisers, including major brands like Hyundai, ERGO, Leica Camera, Sonova, Peugeot Turkey, and Opel Turkey, using the technology. In the second quarter of 2024 alone, Taboola observed a 100% increase in the number of campaigns launched with Maximize Conversions compared to the previous quarter.
Benefits for Advertisers
Simplified Campaign Management:
By automating the bidding process, Maximize Conversions reduces the complexities associated with manual optimizations. Advertisers can efficiently manage their campaigns by setting budgets and goals, while the AI takes care of optimizing bids and maximizing conversions.
Enhanced Performance Results:
The AI-driven technology delivers significant improvements in campaign performance, as evidenced by the increased conversion rates reported by users. This helps advertisers achieve better results and a higher return on their advertising investments.
Broader Access and Increased Flexibility:
With the technology now available to all advertisers, including those not using Taboola’s conversion tracking tools, more businesses can benefit from the advanced capabilities of Maximize Conversions. This broader access allows for greater flexibility and inclusivity in campaign management.
Taboola’s Maximize Conversions technology represents a major advancement in performance advertising, offering AI-powered automation to enhance campaign results. With its expanded availability, advertisers of all sizes and campaign setups can now benefit from simplified bidding processes, increased conversions, and reduced costs. As Maximize Conversions continues to gain traction, it solidifies Taboola's position as a leader in performance-driven advertising solutions.
technology 3 Sep 2024
InfoSum, the leading data collaboration platform, has announced a strategic partnership with WPP’s Choreograph, a global data and technology company, to enhance campaign planning and audience profiling for GroupM clients through secure data collaboration. This collaboration represents a significant advancement in integrating first-party data with robust privacy measures.
Key Highlights of the Partnership
Enhanced Data Collaboration:
The partnership between InfoSum and Choreograph aims to leverage InfoSum’s data clean room technology to connect first-party data with Choreograph’s AmeriLINK database. This integration will allow GroupM’s clients in the United States to better evaluate and develop customer audiences, collaborate on proprietary data assets, and optimize media strategies for improved campaign effectiveness.
AmeriLINK Database Benefits:
Choreograph’s AmeriLINK database provides a comprehensive range of consumer and household information, including demographic, psychographic, health and wellbeing, life events, transactional, attitudinal, and financial indicators. This wealth of data enables media owners and advertisers to access services such as lookalike modeling, data enrichment, and data hygiene, enhancing audience targeting and campaign personalization.
Secure and Privacy-Focused Approach:
InfoSum’s data clean room technology ensures secure and privacy-focused data collaboration through differential privacy techniques and patented security measures. This approach prioritizes consumer privacy at every stage of data handling, allowing for safe and effective data utilization without compromising user confidentiality.
Optimized Media Strategies:
By combining AmeriLINK’s extensive data with InfoSum’s innovative privacy controls, GroupM’s clients can achieve richer audience insights, collaborate more effectively with media and tech partners, and refine their media strategies. This partnership facilitates downstream media activation and supports the creation of highly personalized ad experiences.
Quotes from Key Figures
Lauren Wetzel, CEO of InfoSum:
"InfoSum is proud to partner with Choreograph to help GroupM’s clients realize the value of their first-party data as they navigate the fast-changing advertising landscape. Secure, future-proofed environments allow media owners and advertisers to build relevant audiences, optimize and activate campaigns, and deliver exceptional ad experiences."
Evan Hanlon, CEO of Choreograph:
"In a world of changing standards, we’re creating an edge for our clients through data connectivity, seamless partner collaboration, and strategies rooted in first-party data. We are thrilled to deepen our partnership with GroupM and InfoSum, applying our shared commitment to privacy and intentional data use."
The partnership between InfoSum and Choreograph marks a major step forward in data collaboration and privacy-focused audience profiling. By integrating first-party data with Choreograph’s AmeriLINK database and leveraging InfoSum’s secure technology, GroupM’s clients can enhance their campaign planning, optimize media strategies, and create personalized ad experiences that respect consumer privacy.
technology 3 Sep 2024
As Artificial Intelligence (AI) continues to dominate the technological landscape, many companies are exploring how to effectively integrate this technology into their operations. VisualVault has emerged as a leader in guiding clients through the adoption of AI-driven solutions to enhance traditional document management processes, delivering substantial benefits and efficiency gains.
AI in Document Management: Key Applications
Document Auto-Classification:
AI-driven document auto-classification enables organizations to categorize vast amounts of data with precision. This technology automatically identifies and sorts documents into predefined categories, vastly improving data organization and accessibility.
Smart Text Extraction:
AI enhances text extraction by intelligently pulling relevant information from documents. This capability allows organizations to quickly extract and structure data from unstructured sources, leading to better insights and streamlined operations.
De-Duplication:
AI technology efficiently identifies and eliminates duplicate documents, reducing redundancy and saving significant time and resources compared to manual review processes.
Workflow Optimization:
AI optimizes document workflows by automating routine tasks and continuously monitoring processes for improvements. This results in more efficient operations and better resource management.
Benefits Realized by VisualVault Clients
Enhanced Data Insights:
Through AI-enabled classification and extraction, VisualVault clients gain unprecedented insights into their historical data. This comprehensive understanding helps organizations make informed decisions and shape future strategies.
Cost Efficiency:
Automating document management tasks with AI reduces the need for extensive human intervention, leading to significant cost savings and operational efficiencies.
Improved Data Utilization:
The structured data obtained from AI processes can be leveraged for advanced workflow automation, business process optimization (BPO), and predictive analytics, driving strategic initiatives and identifying key trends.
Quote from Leadership
Avner Schneur, CEO of VisualVault, comments, “Document management is proving to be a low-risk and high-value entry point for the application of AI for many of our clients. We’ve found that applying AI to document management processes is paying outsized dividends, with the resulting data collections serving as a foundation for other strategic corporate initiatives.”
VisualVault’s Content Services Platform (CSP)
VisualVault’s CSP offers a comprehensive suite of capabilities, including:
AI is transforming document management by automating and optimizing traditional processes, leading to significant operational efficiencies and valuable insights. VisualVault’s expertise in integrating AI into document management offers clients a strategic advantage, helping them harness the full potential of their data and drive future growth.
marketing 3 Sep 2024
SOCi, Inc., a leader in the CoMarketing Cloud for multi-location enterprises, has released the SOCi Local Visibility Index (LVI) 2024. This index highlights the top 100 brands that are leveraging localized digital marketing to tap into the $54.1 billion opportunity. Despite the success of these brands, many multi-location businesses still struggle with local visibility, costing them valuable consumer engagement and revenue.
Key Findings from the SOCi LVI 2024
Local Search and Discovery:
The U.S. Commerce Department reports that 84% of commerce still occurs offline at brick-and-mortar locations. This makes local search and discovery crucial for capturing consumer dollars. Yet, many multi-location brands fail to appear in 75% of local searches, overlook over 50% of reviews, and neglect 90% of customer questions and engagements across search and social platforms.
Visibility vs. Recognizability:
The index reveals that high recognizability does not necessarily translate to high visibility. While household names like Chick-fil-A, Target, and Walgreens may have strong brand recognition, they did not make the SOCi 100 Most Visible list. Conversely, niche and regional brands excel in local visibility by appearing in relevant non-branded searches.
SOCi's Local Visibility Takeaways for 2024
Search:
Multi-location brands have made strides in claiming and completing local profiles on Google but need to enhance their optimization on platforms like Yelp and Facebook.
Reputation:
Response rates to reviews remain low, with less than half of Google reviews receiving a reply, and even fewer responses on Yelp and Facebook.
Social Media:
Brands are successfully growing audiences on Facebook with a mix of photo and video content. However, engagement levels are generally low, indicating room for improvement.
Expert Insights
Monica Ho, CMO of SOCi, emphasized the necessity of high local visibility: “High local visibility in search and social sites is no longer just a competitive edge—it's essential. Brands that enhance their local presence are not only more visible but also build greater trust, leading to increased engagement, reach, and revenue.”
Damian Rollison, Director of Market Insights at SOCi, added: “The SOCi LVI is a crucial tool for multi-location enterprises aiming to outperform local competitors. It provides benchmark metrics and actionable recommendations to improve local visibility and boost customer engagement.”
The SOCi LVI 2024 underscores the importance of localized digital marketing. Multi-location enterprises must prioritize local visibility to remain competitive and drive growth. By addressing gaps in local search, reputation management, and social engagement, brands can significantly enhance their digital presence and connect more effectively with local customers.
technology 3 Sep 2024
Talkmap, a leader in generative AI for contact center Conversational Intelligence, proudly announces the launch of Talkdiscovery 9.0. This groundbreaking release ushers in a new era of real-time, accurate visibility into customer interactions, revolutionizing contact center and call center operations with transformative insights.
Key Features of Talkdiscovery 9.0
Continuous Question Intelligence (CQI):
Talkdiscovery 9.0 introduces Continuous Question Intelligence (CQI), enabling users to automatically and continuously ask specific questions about their conversation data. Leveraging Talkmap's Generative AI and Large Language Models, CQI delivers actionable insights by analyzing 100% of ongoing customer conversations. Results are presented daily via an intuitive dashboard, allowing users to query data based on various criteria such as agent groups, call reasons, and locations.
Insights with CQI:
Talkdiscovery 9.0 helps users uncover critical insights such as:
Benefits of Talkdiscovery 9.0
With Talkdiscovery 9.0, organizations can quickly generate ROI on their AI investments by addressing previously invisible issues. Key benefits include:
Expert Insights
Tim Moss, CEO of Talkmap, emphasized the importance of real-time visibility: “Enterprise leaders have long faced challenges in gaining timely insights into customer interactions. Talkdiscovery 9.0 solves this problem by providing real-time, accurate visibility into 100% of conversations, enabling leading brands to unlock valuable insights and drive significant improvements.”
Jonathan Eisenzopf, Chief Strategy & Research Officer at Talkmap, added: “Talkdiscovery 9.0 not only meets but exceeds customer expectations by offering a secure solution for extracting immediate insights from customer interactions. It's applicable across various business areas, including sales performance, service quality, risk management, fraud detection, and churn reduction.”
Talkdiscovery 9.0 represents a major advancement in contact center intelligence, offering unprecedented visibility and actionable insights into customer interactions. By leveraging CQI, organizations can enhance performance, optimize processes, and transform the customer experience.
technology 3 Sep 2024
Zettabyte, Asia’s premier AI data center (AIDC) software and systems technology provider, is excited to announce its strategic partnership with Wistron Corporation, a leading technology service provider. This collaboration will see the construction of Taiwan’s first Hyperscale AI Data Center, an initiative poised to revolutionize AI computing in the Asia Pacific region.
Key Highlights of the Collaboration
Pioneering Project:
The upcoming Hyperscale AI Data Center will be the first of its kind in Taiwan, designed to address the increasing demands for advanced AI computing capabilities in Taiwan and the broader Asia Pacific region.
Elevating AI Capabilities:
This project will significantly enhance Taiwan's AI technology infrastructure, boosting the country’s global competitiveness and fostering the growth of AI talent.
Strategic Partnership:
By integrating Zettabyte’s cutting-edge IaaS software with Wistron’s innovative ICT solutions and NVIDIA’s advanced AI hardware, this collaboration aims to establish a world-class AI computing facility.
Quotes from Leadership
Kenneth Chung-Hou Tai, Chairman of Zettabyte:
“We are thrilled to partner with Wistron Corporation on this groundbreaking venture. Our combined expertise and advanced software aim to create a premier AI computing facility that will drive innovation and growth across the Asia Pacific region and the Middle East.”
Simon Lin, Chairman of Wistron Corporation:
“Wistron is excited to collaborate with Zettabyte to develop this Hyperscale AI Data Center utilizing the latest in liquid cooling AIDC systems. Our shared vision will significantly contribute to the advancement of Taiwan’s AI ecosystem and its global standing.”
Impact and Future Prospects
The new AI Data Center will play a crucial role in enhancing Taiwan's AI infrastructure, supporting a wide range of applications, from semiconductor and healthcare to finance, manufacturing, and smart cities. This initiative will drive innovation, improve operational efficiencies, and nurture the next generation of AI professionals in Taiwan.
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