AU10TIX Appoints Ex-Payoneer Yair Tal as CEO

AU10TIX has appointed Yair Tail as the new chief executive of the identity verification (IDV) provider, with a mandate to focus on advancing AU10TIX’s machine learning capabilities and driving global growth through a tailored regional approach.

Succeeding former CEO Dan Yerushalmi, who is stepping down to dedicate more time to his family, Yair Tail has over 20 years of leadership experience in payments, fintech, and localization services.

Prior to joining AU10TIX in April 2025, Tal served as CEO of BLEND, a global AI localization firm. His earlier tenure as Senior Vice President and Head of Enterprise at Payoneer was marked by significant contributions that steered the company from a startup to one of the world’s leading e-payment solution providers over a span of 13 years.

“Amid the rise of escalating deepfake fraud, trust is becoming increasingly elusive”

“Amid the rise of escalating deepfake fraud, trust is becoming increasingly elusive. We find ourselves questioning the integrity of everything, from social media content to global political events. Our mission is to protect individuals and businesses against fraud, so they can concentrate on what truly matters: accelerating growth, expanding operations, nurturing customer relationships, and leveraging industry trends.

“As a team, we are committed to driving innovation through machine learning and outpacing even the most sophisticated fraud schemes. I look forward to elevating AU10TIX to new heights, expanding our reach into additional regions, and enabling organizations worldwide to achieve their goals securely.”

AU10TIX offers AI-powered solutions for automated identity verification, deepfake detection, and fraud prevention to help organizations efficiently onboard legitimate users while thwarting malicious actors.

AU10TIX Selected as KYC Provider of FXCM and Tradu

Stratos Group, the company operating the online foreign exchange and CFD trading brands FXCM and Tradu, recently partnered with identity verification technology company, AU10TIX, to enhance its KYC capabilities.

According to the RegTech firm, the collaboration has resulted in a 29% increase in ID document approval rates on the FXCM platform since going live. With the integration of AU10TIX’s Identity Verification Suite, Web SDK, and biometric solutions, FXCM has successfully automated its KYC document verification processes, reducing onboarding times dramatically from hours or even days to mere seconds.

AU10TIX highlighted that its advanced algorithms and security databases have improved document approval rates from 62% to 80%, reducing abandonment rates and opening up new avenues for revenue growth.

Established in 2002, AU10TIX offers a 100% automated global identity management system capable of detecting organized mass attacks through traffic pattern analysis and cross-checking data across a consortium of major companies.

AU10TIX Launched a KYB Solution

Last year, AU10TIX launched a Know Your Business (KYB) solution designed to help companies understand with whom they are conducting business, thereby avoiding potential financial and reputational damage.

The solution integrates KYB with Know Your Customer (KYC) processes, catering to a broad spectrum of business needs, from sole traders to large corporates, including KYC for Ultimate Beneficial Owners (UBOs) and related entities.

With increasing regulatory requirements, businesses across various sectors are compelled to gather and examine more data on the identities of their partners and vendors. This is essential to avoid associations with entities involved in identity theft, fraud, money laundering, terrorist financing, or other illicit activities.

The challenge has been that existing KYB solutions offer limited coverage, necessitating companies to work with multiple vendors for comprehensive KYC, forgery tests, and fraud detection capabilities.

AU10TIX’s unified solution offers a comprehensive check against more than 200 jurisdictions and over 1,000 government registries through one automated workflow, delivering results within seconds — a significant improvement over other vendors that may take days and use potentially outdated databases. This solution also offers full profiling and continuous monitoring for compliance and risk management.

The KYB solution is available in three packages: Business Validation, Sole Trader Verification, and Enterprise Verification, each offering a range of features from basic business validation to in-depth KYC risk assessment, AML screening, and continuous monitoring for real-time compliance and risk management.

Benefits of the solution include a fully automated KYB and KYC process, advanced document verification through AI technology, a case management dashboard for managing check results, a comprehensive scoring mechanism for risk measurement, a single API call for both business and individual verification to reduce costs, and global coverage providing insights into ownership structures across more than 200 countries.