Incode, the next-generation identity verification and authentication platform for global enterprises, announced a strategic partnership with Sardine, the leading provider of fraud, compliance, and instant settlement solutions. Incode’s partnership with Sardine allows the two companies to bring customers a best-in-class experience for addressing risk, from identity verification to payments fraud.
This year, the Federal Trade Commission reported 2.8 million consumer fraud reports, a 70% increase since the previous year, which amounts to almost $6 billion in losses. The partnership enables user verification and authentication of user identities through biometric authentication to avoid fraudulent activities as customers manage account opening, funding, and payments.
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“We look forward to working with a partner that shares our same ethos in fighting fraud,” says Sardine CEO and Co-Founder, Soups Ranjan. “Our partnership with Incode will better equip our customers to reduce friction while managing the complicated regulatory landscape.”
Ricardo Amper, CEO and Founder of Incode, states, “In the fight against fraud, this partnership will benefit all users and help companies manage compliance regulations more effectively.”
Please join Incode at Booth #1129, where visitors can participate in hands-on activities and receive demos of Incode’s leading solutions. In addition, Incode CEO and Founder Ricardo Amper will be speaking during the Money20/20 Money Pot Podcast at 12:15 p.m. PT on Oct. 25 about how financial institutions are combatting spoofing and identity fraud through biometric digital identity verification.