Page 35 - GS230301
P. 35

Feature





                                 Green Sheet interviews

                                   Caf CEO Jason Howard






                                                                How does Caf's Know Your Everything platform help
                                                                service providers verify and onboard customers?


                                                                Caf's platform combines advanced computer vision ML
                                                                models, an AI-powered decisions engine and sophisticated
                                                                identity orchestration with an extensive collection of
                                                                biometrics and identity databases. This technology
                                                                delivers automated customer onboarding, KYC, KYB, fraud
                                                                prevention, authentication, and document verification and
                                                                background check solutions to clients in highly regulated
                                                                industries.
                                                                Which aspects of your platform are particularly
                 his has been a defining time for Caf, a global   popular with partners and end-users?
                 leader in the digital identity market. On Jan.
                 24, 2023, the company released its Know Your
        T Everything platform, a solution designed to           Our clients love that everything on the platform is
        drive revenue by enabling businesses to protect and     automated, which helps their internal teams focus on
        enhance the digital user experience. Days later, Jason   more high-value tasks. Also, by approving more new good
        Howard, former chief revenue officer at Caf, took the   users, we help them grow the business and drive revenue.
        reins as CEO. In an exclusive interview with The Green
        Sheet, Howard shared insights about the new platform    What differentiates your company
        and identity management trends. Following are interview   from others in your space?
        highlights.

                                                                Caf provides a true end-to-end platform that lets companies
        What trends are you seeing in the threatscape and       secure the entire customer journey, from onboarding to
        how are you helping companies mitigate them?            sign up, through continual monitoring of accounts.
                                                                What characteristics of your company and technology
        Attackers are getting ever more sophisticated and       are attributable to your company's growth?
        constantly  adapting  to  the  security  landscape.  They
        are  increasingly  using  synthetic  identities,  which  are
        identities stitched together from stolen data to essentially   I think our rapid growth shows that the technology works.
        create a brand new fake identity that looks real. There is   Businesses are looking for a solution to the problem of
        also the  rise  of Fraud-as-a-Service tools that  untrained   balancing security with user experience. They spend a lot
        fraudsters, with no technical knowledge, can buy off the   of money on anti-fraud tools and, in many cases, find these
        shelf to help them launch attacks. These often even come   stand-alone solutions do not make much of a difference.
        with instructional videos and customer support lines.   At the same time, many good users are being flagged in
                                                                cases of false positives, thus hurting the business. We are
        What are companies getting right about digital          helping companies successfully deal with these issues.
         identity verification and onboarding and               What steps can payments industry stakeholders take
        which areas need improvement?                           to protect customer identity in 2023?

        Companies are putting an emphasis on tools and protocols   These days, a person's true, authentic identity can now be
        to fight fraud in this space; they recognize the problem   an amalgamation of many online personas. It is crucial for
        and are spending to stop it, which is good. The problem   businesses to start to look at integrated identity solutions
        is that many are also hindering good users when they    that deliver the right level of context-based insights that
        implement these security tools; they struggle to find the   can evolve as use cases change.
        right balance between stopping attacks and creating too
        much fiction for all users.

                                                                                                                35
   30   31   32   33   34   35   36   37   38   39   40