Uber and AU10TIX Launch New Safety Measures for Cash-Paying Riders

Rhea-AI Summary

Uber Technologies, Inc. (NYSE: UBER) has partnered with AU10TIX to enhance identity verification for cash-paying riders in Mexico, Argentina, and Chile. The program requires users to scan official IDs for verification, aiming to instill trust between riders and drivers. This partnership, which first began in 2019, now extends to additional Uber services. AU10TIX's technology is designed to meet the increased demand for safe cash transactions amid changing priorities due to COVID-19. This initiative is expected to facilitate further expansion where cash payment demand is rising.

Positive

• Partnership with AU10TIX enhances safety measures for cash-paying riders.
• Initiative improves trust between riders and drivers, addressing safety in cash transactions.
• Potential for expansion into other countries with rising demand for cash payments.

Negative

• None.

HOD HASHARON, Israel, Nov. 17, 2020 /PRNewswire/ -- Uber Technologies, Inc. (NYSE: UBER) has partnered with AU10TIX, a global identity verification and authentication platform, to implement a program in cities in Mexico, Argentina and Chile that helps verify the identity of new riders who choose cash as their preferred method of payment. The program leverages AU10TIX's proprietary technology to build trust between rider and driver.

The new program requires certain users who request to pay in cash to scan an official identification such as their voting credentials, national ID, passport or driver's license for verification.

"In the current business climate, more drivers and riders are wanting added reassurance for  cash payment options, and we want to give them that," says Ron Atzmon, AU10TIX active deputy chairman. "Working together with Uber, we are delivering on this with AU10TIX's identity document verification technology that provides the reliability, efficiency and scalability required to help provide peace of mind."

Uber and AU10TIX first partnered in 2019, with Uber's core rideshare service, and recently expanded their partnership to electric scooters and Uber Eats.

"As COVID-19 has shifted priorities for both Uber and AU10TIX, our partnership with Uber has also evolved," says Carey O'Connor Kolaja, AU10TIX's CEO. "Together, we worked on a platform that brings together payment preference and identity verification to prioritize safety for both riders and drivers. We expect this launch to set the stage for us to expand into other countries where Uber is experiencing elevated demand for cash payments."

Uber and AU10TIX's latest partnership represents the future of adaptive identity verification. It demonstrates how identity proofing can adjust to a consumer payment preference. Cash, for example, is important to accept, and will drive an increase in layers of verification.

About Uber
Uber's mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 15 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.

About AU10TIX
AU10TIX, an identity management company headquartered in Israel, provides critical, modular solutions to link physical and digital identities so that companies and their customers can confidently connect. Over the last decade, AU10TIX has become the preferred partner for customer onboarding and customer verification automation and we continue to work on the edge of what's next for the future of identity's role in society. Our proprietary technology provides results in less than 8 seconds, allowing companies to onboard faster, prevent fraud, meet compliance mandates, and, importantly, establish trust with their customers. We recently announced an $80M investment from TPG and Oak ft/hc to fuel growth and innovation. AU10TIX is a subsidiary of ICTS International N.V. (OTCQB: ICTSF). For more information, visit AU10TIX.com.

Media Contact

AU10TIX
Joseph Giumarra
press@AU10TIX.com

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SOURCE AU10TIX

FAQ

What is Uber's latest partnership about?

Uber has partnered with AU10TIX to implement identity verification for cash-paying riders in Mexico, Argentina, and Chile.

When was the Uber and AU10TIX partnership announced?

The partnership was announced on November 17, 2020.

What does the new program require from cash-paying riders?

Cash-paying riders are required to scan an official identification for verification.

How does this partnership enhance safety for Uber users?

The partnership aims to build trust between riders and drivers by ensuring reliable identity verification for cash transactions.

What are the expected outcomes of the Uber and AU10TIX partnership?

The partnership is expected to set the stage for expansion into other markets with increased demand for cash payments.