Advanced mechanisms prevent identity theft and fraud.
The service engine functions as an orchestrator for calls from the decentralized ID platform to issuers, verifiers, and other partners.
Robust and scalable architecture ensures adaptability and integration with emerging technologies.
Reinforced trust among consumers, billers, and verification authorities.
Summary
A digital infrastructure investment company initiated a digital platform project to combat escalating fraud and simplify the eKYC (Know-Your-Customer) application process for consumers, banks, utilities, and various sectors. Stratpoint built the service engine component to facilitate secure and streamlined processes.
Challenge
As identity fraud grew in complexity and frequency, the company sought to address:
- Increasing instances of fraud and identity theft.
- High costs associated with fragmented and inefficient verification processes.
- Loss of trust among users and organizations.
Solution
The company engaged Stratpoint to work on the service engine component or the integration layer of the platform.
- Agile Development: Stratpoint deployed an agile dedicated team to build the service engine, facilitating a secured and seamless integration to manage eKYC processes efficiently.
- Managed Cloud: Stratpoint designed, built, and managed AWS (Amazon Web Services) Cloud resources for the service engine to help orchestrate the different services and partners.
Technologies Used
