NEWS
Trust Stamp Partners with Botdoc to Bring New Innovative ID Security to the Automotive Industry
Trust Stamp (Nasdaq: IDAI) has partnered with Botdoc to integrate its low-code Orchestration Platform into Botdoc Connect, enhancing Identity Verification and KYC for the automotive industry. This collaboration aims to combat rising fraud rates and cybersecurity concerns in auto dealerships. The integration includes document validation using the Driver License Data Verification (DLDV) System from the American Association of Motor Vehicle Administrators (AAMVA).
With nearly 80,000 cars stolen from dealerships last year, this partnership brings advanced security measures to fight fraud, including real-time verification of driver's licenses against issuing agency data. Both companies, graduates of the ICBA ThinkTECH accelerator, bring their expertise from regulated industries like banking and insurance to address critical issues in the automotive sector.
Trust Stamp (Nasdaq: IDAI) has partnered with Botdoc to integrate its low-code Orchestration Platform into Botdoc Connect, enhancing Identity Verification and KYC for the automotive industry. This collaboration aims to combat rising fraud rates and cybersecurity concerns in auto dealerships. The integration includes document validation using the Driver License Data Verification (DLDV) System from the American Association of Motor Vehicle Administrators (AAMVA).
With nearly 80,000 cars stolen from dealerships last year, this partnership brings advanced security measures to fight fraud, including real-time verification of driver's licenses against issuing agency data. Both companies, graduates of the ICBA ThinkTECH accelerator, bring their expertise from regulated industries like banking and insurance to address critical issues in the automotive sector.
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