About
AU10TIX is a global leader in identity verification, preventing an estimated $7.5B in fraud in 2024 ($24B since 2021). Subsidiary of ICTS International (OTCQB: ICTSF). The only 100% automated global ID system with consortium-based detection across 60+ major companies. Serves payments, crypto, social media, and shared economy. Founded 2002 in Tel Aviv.
Key Facts
- [1]Funding: Total funding: $80M. Last round: Dec 2019. Stage: Seed.
- [2]Employees: Employee count: 201-500.
- [3]Website: Official website: au10tix.com.
- [4]AI Technology: Core AI/ML technologies: Computer Vision.
- [5]Region: Region: EMEA (IL).
Founder
Ron Atzmon
Co-founder & Managing Director
AI Technology
Computer Vision
Image and video processing, OCR, and document extraction
Classification
Details
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Frequently Asked Questions
What is AU10TIX?
AU10TIX is a global leader in identity verification, preventing an estimated $7.5B in fraud in 2024 ($24B since 2021). Subsidiary of ICTS International (OTCQB: ICTSF). The only 100% automated global ID system with consortium-based detection across 60+ major companies. Serves payments, crypto, social media, and shared economy. Founded 2002 in Tel Aviv. AU10TIX is classified in the Risk & Compliance segment at the Models layer of the financial AI stack.
Who founded AU10TIX?
AU10TIX was founded by Ron Atzmon (Co-founder & Managing Director).
How much funding has AU10TIX raised?
AU10TIX has raised $80M in total funding, placing the company at the Seed stage. The most recent round closed in Dec 2019. Among 74 funded Risk & Compliance companies, AU10TIX ranks #38 by total capital raised. (Source: AIFI Map directory.)
What AI technology does AU10TIX use?
AU10TIX primarily leverages Computer Vision technology. Image and video processing, OCR, and document extraction. Within the Risk & Compliance segment, 17 companies use this technology.
What market segment does AU10TIX operate in?
AU10TIX operates in the Risk & Compliance and Lending & Credit and Banking & Payments and Crypto & Web3 market segments. AI risk and compliance companies protect financial institutions from fraud, money laundering, identity theft, and regulatory violations. This is one of the largest and most critical segments in the AI finance landscape, as the cost of financial crime and non-compliance runs into the hundreds of billions annually. The company also has a footprint in lending & credit and banking & payments and crypto & web3, reflecting its cross-functional approach to financial AI.
Where is AU10TIX headquartered?
AU10TIX is headquartered in Tel Aviv, IL. The company operates in the EMEA region. The team consists of 201-500 employees. IL is home to 3 financial AI companies tracked by AIFI Map.
Who are AU10TIX's competitors?
Companies similar to AU10TIX in the Risk & Compliance space include Feedzai ($431M raised), Sardine ($170M raised), Hawk AI ($83M raised), Resistant AI ($55M raised), Flagright ($8M raised). These companies operate in related areas of financial AI: Feedzai focuses on ai-native fraud and financial crime prevention platform for major banks. Sardine focuses on ai risk platform for fraud, credit, and compliance. Hawk AI focuses on ai-powered aml and fraud detection for banks and fintechs. (Based on AIFI Map classification data.)
What products does AU10TIX offer?
AU10TIX builds models-layer solutions for the financial services industry. The company's core offering: AI-powered ID authentication and fraud prevention. The platform is powered by Computer Vision technology.