BoomID Partners with Dun & Bradstreet to Modernize Identity Authorization and Risk Management

Innovative Partnership Agreement

BoomID, a notable player in the realm of biometric-driven fraud and risk management, has declared its new Alliance Agreement with Dun & Bradstreet, a prominent international authority in business analytics and decision-making data. This strategic collaboration signifies a pivotal advancement in enhancing identity verification processes and sophisticated risk assessments in today’s dynamic marketplace.

Enhancing Identity Verification Through Collaboration

The core purpose of this partnership is to integrate the authoritative business data provided by Dun & Bradstreet into BoomID's platform. This enhancement is expected to elevate BoomID’s capabilities in offering "Always Know Your" (AKY) biometric-based identity authorization across varied stakeholders such as third-parties, vendors, and visitors. The integration ensures that organizations can rely on a more robust system for identity verification, arming them with the necessary tools to prevent fraud and bolster security measures.

The Role of Proprietary Risk Engines

At the heart of BoomID's innovative approach are its proprietary risk engines, which amalgamate data from a myriad of relevant sources, thus generating enhanced risk scores that offer users a detailed understanding of trustworthiness levels. These risk engines not only simplify the complexities of risk assessment but also stand as a vital component of BoomID's unique methodology towards identity authorization. With the new partnership, organizations can expect improved insights and analytics that will further enrich the understanding of client trust.

Statement from BoomID's CEO

Reflecting on the importance of this partnership, Ben Massin, CEO of BoomID, commented, "This alliance with Dun & Bradstreet represents a significant step forward for BoomID. The integration of DB's business intelligence with our biometric identity platform will provide our clients with valuable tools for fraud prevention, compliance, and secure access management." This optimistic sentiment underscores the anticipated benefits that both BoomID and its clients expect to achieve from this collaboration.

Empowering Organizations with Comprehensive Solutions

Through the integration of secure palm biometric verification along with real-time risk data, BoomID offers a unified solution for organizations striving to prevent fraud, heighten security, and streamline compliance. With its innovative AKY framework, BoomID provides unparalleled certainty in verifying identities, making it a trusted resource for organizations navigating the complexities of modern fraud threats and compliance challenges.

About BoomID

BoomID has built its foundation on the principles of biometric identity verification driven by cutting-edge AI technology. Focusing on helping organizations genuinely understand whom they are dealing with, BoomID stands out with its risk management protocols and advanced technology tailored to meet diverse authentication needs. The company's dedication to infusing biometric technology with analytical rigor positions it uniquely in the market, ready to address the intricate demands of various sectors.

About Dun & Bradstreet

On the other hand, Dun & Bradstreet is esteemed as a global leader in business decisioning data and analytics, providing organizations worldwide with insights necessary to enhance performance. Their comprehensive Data Cloud equips customers with the ability to accelerate revenue streams, optimize costs, and manage risks effectively. With a longstanding history dating back to 1841, Dun & Bradstreet has been essential in helping businesses grasp their potential while confronting risks head-on.

Conclusion

The partnership between BoomID and Dun & Bradstreet signals an evolution within the domain of identity management and risk assessment. Companies that leverage the newfound strengths derived from this collaboration can expect not only increased efficiency in identity verification processes but also a deeper understanding of the associated risks that come with business decision-making. This alliance stands to reshape how organizations perceive and manage identity security moving forward.