Businesses regularly use device identity for fraud prevention and to authenticate users. Browsing the web on your cell phone? These solutions collect information on your mobile provider, phone model, internet connection and other data to link your unique device back to you.
I attended the K(NO)W Identity Conference last week, which has emerged in the last year as the premier event for the identity industry.
When it comes to making mobile banking transactions and payments, today’s consumers demand a secure and seamless experience. To achieve this, BioCatch and Samsung SDS have teamed up to offer continuous passwordless authentication throughout the entirety of user sessions.
Digital transformation has swept the business world. From banking to insurance to e-commerce, being able to offer a compelling digital experience is the best way to attract and engage customers. Though digital transformation is a boon to both companies and their customers, it also introduces huge cybersecurity challenges for securing online sessions and preventing fraud.
BioCatch has been discussing the limitations of two-factor authentication for awhile, not for the purposes of raising alarm bells, but to offer a unique solution on how to provide a clear sense of security throughout an online session where traditional approaches are failing us.