Acxiom Developing Security Product to Help Airlines Verify Passenger Identities; Data Integration Capabilities Qualify Acxiom to Build Security Solution.Business Editors/Technology Writers LITTLE ROCK, Ark.--(BUSINESS WIRE)--Sept. 25, 2001 Acxiom(R) Corporation (Nasdaq: ACXM) today announced it is developing a security-enhancing identity verification Noun 1. identity verification - the automatic identification of living individuals by using their physiological and behavioral characteristics; "negative identification can only be accomplished through biometric identification"; "if a pin or password is lost or system to help airlines quickly validate personal information supplied by their passengers. An initial version will be commercially available in October. Acxiom will utilize AbiliTec(TM), its innovative customer recognition and data integration software, in the verification system to bring together information from a variety of sources in real time as passengers purchase airline tickets and check in at airports. "Our 30-year history of industry leadership in Customer Data Integration, data delivery, and building real-time, data-driven solutions gives Acxiom the expertise to develop a technological solution that will dramatically improve the airlines' ability to verify the identity of their passengers," said Acxiom Company Leader Charles D. Morgan. "Our verification system will do this quickly and unobtrusively, while protecting passengers' privacy and not divulging personal information." Morgan said consumers have grown to understand and appreciate the need for and the benefit of behind-the-scenes data integration and verification processes that occur when they apply for a credit card, purchase an insurance policy, borrow money, obtain a passport, work in a daycare center, or obtain a professional license. "After recent tragic events, consumers seem to be in overwhelming agreement that reasonable forms of identity verification be conducted before they board airline flights. And we are confident that they'll welcome the opportunity to participate in a shorter, less involved process to better ensure their safety," he said. The identity verification system is a major extension of Acxiom's Application Verification System (AVS (Audio Video Coding Standard) A video compression technique developed by Chinese companies and supported by the Chinese government. Expected to provide better compression than MPEG-2, AVS was created to avoid paying royalties to the MPEG licensors, which are outside ), used by the insurance underwriting industry since 1996 to diminish the likelihood of fraud. Acxiom clients in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry also have used the company's products and services in risk management initiatives. "The new identity verification system will combine all of the elements that Acxiom has traditionally delivered clients - data content, data delivery, Customer Data Integration and analysis, all in real time - and is fully scalable and customizable to suit each client's unique needs," Morgan said. "Larger users will be provided solutions specific to their needs, and Acxiom expects most of these solutions will include data management and other services." Acxiom is working with airline, security and legal experts in designing the new identity verification system and to determine how it can best be deployed to reduce risk and improve consumer confidence. Morgan cited a Los Angeles Times Los Angeles Times Morning daily newspaper. Established in 1881, it was purchased and incorporated in 1884 by Harrison Gray Otis (1837–1917) under The Times-Mirror Co. (the hyphen was later dropped from the name). investigative report An investigative report is a document that is meant to provide information on a certain topic that is not easily obtained. It is meant to present the reader with a wealth of easily understood information and usually contains an interview or two on the subject. published September 23 in describing the system's goal: "The article notes that the airlines' security efforts have been focused only on `looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. guns and explosives rather than for dangerous people.' Acxiom's identity verification system will help the airlines shift that focus," Morgan said. "We've also had enlightening en·light·en tr.v. en·light·ened, en·light·en·ing, en·light·ens 1. To give spiritual or intellectual insight to: discussions with former and current top government officials and members of Congress, and their input has helped validate the need for the product and its viability in the marketplace," he said. He also noted that the system would deliver similar value in helping hotels, cruise lines
Name Headquarters A'rosa Europe NCL America America AIDA Cruises Europe American Cruise Lines America , building security companies and other businesses for which identity verification and consumer confidence are important concerns. About Acxiom Acxiom Corporation, a global leader in Customer Data Integration (CDI CDI compact disc interactive: a system for storing a mix of software, data, audio, and compressed video for interactive use under processor control ) and customer recognition infrastructure, enables businesses to develop and deepen customer relationships by creating a single, accurate view of their customers across the enterprise. Acxiom achieves this by providing CDI software, database management services, and premier customer data content through its AbiliTec(TM), Solvitur(R) and InfoBase(R) products, while also offering a broad range of information technology outsourcing Information Technology Outsoucing or ITO is a company's outsourcing of computer or Internet related work, such as programming, to other companies. It is used in refence to Business Process Outsourcing or BPO, which is the outsourcing of the work that does not require so much services. Founded in 1969, Acxiom (Nasdaq: ACXM) is based in Little Rock, Arkansas Little Rock, Arkansas required military intervention to desegregate schools (1957–1958). [Am. Hist.: Van Doren, 556–557] See : Bigotry , with locations throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and with operations in the United Kingdom, France, Spain and Australia. Acxiom revenues were $1.01 billion for the fiscal year ended March 31, 2001. For more information, please visit www.acxiom.com The discussion in this release regarding Acxiom Corporation contains forward-looking statements that involve risks and uncertainties, including risks detailed from time to time in the company's SEC reports. Actual results may differ materially. Acxiom undertakes no obligation to publicly release any revision to any forward-looking statement to reflect any future events or circumstances. Acxiom, InfoBase and Solvitur are registered trademarks of Acxiom RTC See real time clock. , Inc. AbiliTec is a trademark of Acxiom Corporation. |
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