Scanovate

regtechauthentication and fraud prevention

FOUNDING YEAR: 2013
LOCATION: Israel
Last Update: 19/02/2021

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About

Scanovate is on course to become the leading brand for all enterprises andgovernments who need to ensure the identity of their customer or citizen users areauthenticated with complete integrity.Unlike other identity and authentication providers, Scanovate operates real-time, at enterprise scale, and is fully automated. Organizations using Scanovate technology enjoy complete confidence in the integrity of the identity of individuals accessing and using their services. Scanovate technology is open and complies with all current known global standards.What we do:Scanovate created B-Trust, an Identity and Compliance orchestration platformthat streamlines and manages all aspects of compliance and KYC processes,complemented by a fast and frictionless onboarding tool that is intuitive and user friendly.Scanovates accurate and secure identity management platform also providestools to securely manage biometric identities such as fingerprints, voice, iris orface identification for easy referencing and logging.Built to be fully adaptable to regulatory changes and compliance governancebusiness strategies, Scanovate provides optimal efficiency for user verificationand authentication allowing improved conversion rates for new clients andimproved services uptake.Use Cases:Digital Enrollment, KYC, KYE, KYB, data remediation, compliance automation, full and continuous digital identity monitoring

MEDICI Analysis

Scanovate has developed optical character recognition product for the financial and merchant sectors. Scanovate provides mobile OCR platform that allows clients to simplify their mobile bill payment and credit card transaction experience.

Focus

PRODUCTS & SERVICES

Scanovate, a world-leading Identity Management Company, provides a comprehensive digital management platform for financial institutions through its proprietary Dynamic Imaging Platform and Facial Recognition technology with a uniquely all-encompassing back-end system. Scanovate provides the method to manage the compliance and risk activity in a whole and friction-less end to end solution.

PRIMARY PROBLEM SOLVED

1. The need to comply with regulatory demands 2. A difficulty with regulation and automating regulatory requirements 3. Driving conversion rates down by hurting customer experience

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

238

AVERAGE VISITS (6 MONTHS)

647.9

MONTHLY VISITS GROWTH

-43.67%

VISIT DURATION

0

VISIT DURATION GROWTH

195.73%

PAGE VIEWS VISIT

1.27

PAGE VIEWS VISIT GROWTH

-0.31%

BOUNCE RATE

72.73%

BOUNCE RATE GROWTH

0.39%

GLOBAL TRAFFIC RANK

15,128,771

MONTHLY RANK CHANGE

-601,266

MONTHLY RANK GROWTH

-3.82%

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Scanovate

About

Scanovate has developed optical character recognition product for the financial and merchant sectors. Scanovate provides mobile OCR platform that allows clients to simplify their mobile bill payment and credit card transaction experience.

Focus

PRODUCTS & SERVICES

Scanovate, a world-leading Identity Management Company, provides a comprehensive digital management platform for financial institutions through its proprietary Dynamic Imaging Platform and Facial Recognition technology with a uniquely all-encompassing back-end system. Scanovate provides the method to manage the compliance and risk activity in a whole and friction-less end to end solution.

TOP PROBLEM SOLVED

1. The need to comply with regulatory demands 2. A difficulty with regulation and automating regulatory requirements 3. Driving conversion rates down by hurting customer experience

PRODUCT DEVELOPMENT STAGE

COMMERCIAL LAUNCH

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

PRODUCT ATTRIBUTES

SaaS

On-premises

White label

Back Office

Customer facing

Traction

LIVE USERS/TRANSACTIONS:

Yes, in live production

CHANNEL STATUS

MULTIPLE CHANNELS

People

NUMBER OF EMPLOYEES

11-50

Momentum

FUNDED

YES

FUNDING COMPLETED

NO

LISTED

NO