The LoginID FIDO2 and UAF certified Strong Customer Authentication platform will provide Data on Tap, Execuvault, NetCents, Global Asset Technology, POS Connect, and FroogalPay customers frictionless, secure biometric logins, removing the need for traditional logins and passwords
San Mateo, CA, July 9, 2020. - LoginID Inc. has announced new partnerships as part of its launch of FIDO-as-a-Service, for small and medium sized enterprises. This follows on its recent announcement for the Indonesian market, with eKYC leader, ASLI RI. The new partners announced will integrate the LoginID FIDO2 and UAF certified biometric strong customer authentication in support of various use-cases.
By integrating the LoginID strong customer authentication, partners will now be able to reduce end-user dependency on weak logins and passwords. According to the FIDO Alliance, 64% of eCommerce customers and 78% of peer to peer transfer users, prefer stronger authentication versus traditional logins and passwords. With LoginID’s FIDO-as-a-Service, partners will be able to provide their customers additional confidence, and higher security in their daily digital interactions, eliminating passwords and logins. “Developers and enterprises are looking for very low-lift integrations of leading-edge products. Our FIDO2 and UAF certified strong customer authentication can be integrated in less than an hour, and will provide end-users a frictionless experience” says Simon Law, CEO of LoginID.
Differing from proprietary biometric solutions, the LoginID FIDO2 and UAF certified platform utilizes cryptographic security based on the customer’s device hardware, therefore it is not vulnerable to hacks or OS takeovers. It works right out of the box, with no additional hardware or downloadable software required by customers. The customer experience is very simple and intuitive, with a ‘biometric login’ button displayed, where customers can use their fingerprint scanner on their device to login to an application or website. Customers won’t have to remember passwords or use other weaker forms of logging in.
Data on Tap is a Canadian based telecom technology company that is developing a digital ecosystem of highly-customized mobile services serving smartphone customers. “With the LoginID FIDO2 service we will be able to increase digital in-app and web interactions security and where required provide additional authentication and user level control,” says Algis Akstinas, CEO of Data on Tap. “This will also alleviate any customer concerns around SIM swap attacks, which is becoming more of a prevalent issue for customers”.
Execuvault is a Toronto-based FinTech Startup on a mission to transform the legacy transfer process using blockchain technology. Self-executing smart contracts record the terms of users’ directives and bequests (assets, investments, life insurance policies, and documents— securely stored in a personalized vault); and then validate the criteria for assignment and disbursement. The XV Legacy Transfer Platform automates the division of funds through trusted transactions —which are digitally notarized and irrefutable— and can be carried out among disparate, anonymous parties; without the need for a central authority or external enforcement mechanism. “We see a lot of flexibility around how we can easily integrate FIDO2 biometrics into our existing customer experience with LoginID” says Brian Kieller, CEO of ExecuVault.
NetCents Technology (CSE: N.C. / Frankfurt: 26N / OTCQB: NTTCF) provides a very simple way for merchants to accept cryptocurrency as a payment option for their customers. By integrating the NetCents crypto payment button, merchants have an easy way to process various cryptocurrencies and as a complement to traditional payment methods. “Security is top of mind for our merchants and their clients. Anything we can do to help further secure out interactions with our merchants or their customers, will help increase our future transaction volume,” says Pat Albright, Executive Vice President at NetCents Technology.
FroogalPay is middleware that provides software developers a quick and easy way to accept payments from within their application. “Our clients not only need the highest standard around security, but we need to ensure that we provide ways to increase conversions. With LoginID’s FIDO2 biometric button, there are various ways merchants can integrate into their customer journeys, making it simpler and safer for customers to pay while protecting merchants from fraud.” says Jonathan Reinsdorf, CEO of FroogalPay.
Global Asset Technology has developed an asset based crypto token that can be used towards traditional assets. “With LoginID we will secure our interactions for our institutional clients, who need simple, yet rigorous security that eliminates threats to their accounts from outside parties” says Steve Katmarian, CEO of Global Asset Technology.
POS Connect is a software developer and payment processor which provides merchants and enterprises secure ways to bill and collect payments. “More and more of our services are global in nature. Since the FIDO standard is aligned with regulatory standards such as PSD2 and GDPR, our clients will have assurances that services they are providing meet the expectations of the market as it relates to security and privacy” says Marius Kimel, CEO of POS Connect.
Simon Law, CEO of LoginID says “These partners provide a great cross section of the types of businesses that can leverage strong customer authentication by integrating a simple, biometric button. We expect to see more and more companies like these recognizing how easy it is to protect their customers while at the same time improving the overall experience.” LoginID will be adding more functions and features for partners and developers as part of its self-serve digital onboarding experience, in the coming weeks.
About LoginID
LoginID is a San Mateo/Toronto based company focused on bridging the gap around authenticating users and securing their information, using its patent-pending encryption protocol Secure Data Diffusion. This is facilitated through its FIDO2 and UAF certified strong customer authentication, privacy and tokenization platform. The team is composed of seasoned executives with decades of experience, across global brands, helping commercialize products around security, cryptography, payments and mobile. sales@loginid.io
About Data on Tap Inc.
Data on Tap Inc. is building dotmobile™, a smart tiny telecom with a goal - to make wireless more affordable and awesome for youth, seniors, students, newcomers, visitors to the country, small businesses, and families that want to save. Data On Tap™, dotmobile™, dot.™ and the dotmobile logo are trademarks of Data On Tap Inc.
About Execuvault Inc.
For more information about ExecuVault:
Brian
Kieller
brian.kieller@execuvault.com
execuvault.com
About Net-Cents Inc.
NetCents Technology Inc (NC.CN), the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC For more information, please visit the corporate website at www.net-cents.com or contact Investor Relations: investor@net-cents.com. To keep up on the latest – make sure to join the telegram channel http://t.me/NetCents
About FroogalPay
FroogalPay is a user-friendly Virtual Terminal/Invoicing System/Hosted Payment Pages platform for merchants that turbocharges how 125+ payment gateways process credit cards and ACH. In addition, FroogalPay is middleware that provides software developers a quick and easy way to accept payments from within their application. With a single lightning-fast integration, software developers can access all of our 125+ turbocharged gateways, FroogalPay is headquartered in Chicago with an office in Montreal, Canada. Visit froogalpay.com.
About Global Asset Technology Inc.
Global Asset Technology is developing a user-friendly and compliant platform that allows non-coders to launch and manage sophisticated blockchain applications. For more information visit our platform site argoblock.com
About POS Connect Inc.
Toronto based POSconnect develops and supports a number of proprietary integrated payments software and platform solutions, both in North America and globally. POSconnect's diverse customer base represent a multitude of market segments, from Brick and Mortar to Broker-Dealer, SME's to multinationals, POSconnect supports streamlined, ubiquitous global payments and fintech related services. Visit POSconnect.com to learn more.
ASLI RI will integrate LoginID’s FIDO2 server certified Strong Customer Authentication platform providing Indonesian customers with secure, biometric logins
Jakarta, Indonesia, February 26, 2020. - LoginID Inc. and PT Asli Rancangan Indonesia (ASLI RI) have announced a partnership for the Indonesian market toprovideASLI RI Enterprise clients an additional form of secure, FIDO2 server certified biometric login for their customers. By integrating LoginID’s strong customer authentication platform, ASLI RI and its Enterprise clients can now eliminate the dependency on weak logins and passwords to protect customer accounts or information.
According to the Verizon 2019 Data Breach Investigation Report, 80% of hacking related breaches involve compromised or weak credentials, with 29% of all breaches, (regardless of attack) involve the use of stolen credentials.
The LoginID FIDO2 certified platform utilizes cryptographic security based on the customer’s device hardware. Because it works right out of the box, no additional hardware or downloadable software is required by customers. The customer experience is simple and intuitive, with a ‘biometric’ button displayed, where customers can use a fingerprint scanner on their device to login to an application or website. Customers won’t have to remember passwords or use less secure forms of logging in.
Enterprises that have online business, e-commerce,or mobile applications will benefit from: - Higher sales conversions due toa more frictionless user-experience - More secure and lower costs versus SMS one-time-passwords (OTP) - Reducing customers over-use of the same or weak passwords on multiple sites or applications - Eliminating customer SIM swap attacks, account takeovers, man in the middle attacks, phishing, and password theft
Rionald Soerjanto, COO for ASLI RI, says: “LoginIDmakes it extremely easy for customers to adopt biometric security since they can now use their existing mobile phone or other device right away, and enjoy the benefits of easier, more secure, safer logins. We expect significant adoption by our Enterprise clients and their customers as we launch this solution in the Indonesianmarket.” Soerjanto adds, “There are multiple additional use-cases we are currently exploring with LoginID to help our clients increase security, increase sales and lower costs.”
Simon Law, CEO of LoginID, says: “ASLI RI plays a significant role in providing security for the Indonesian market. Partnering with their team aligns with our mission to eliminate the use of passwords and protect customers and their information. We’re thrilled about our launch with their team in Indonesia”. As part of the partnership, ASLI RI and LoginID forms a joint-venture entity in Indonesia with a product name of AsliLoginID in an effort to focus on deployment, support, and features for the Indonesian market. AsliLoginID are currently being tested by a select group of ASLI RI Enterprise clients and have successfully implemented its solution to several government agencies including Indonesian State Intelligence Agency (BIN), The National Narcotics Board of the Republic of Indonesia (BNN) and Indonesian National Police (INP), which all require a very high standard security measure.
About LoginID
LoginIDis a Silicon Valley/Toronto based company focused on bridging the gap around authenticating users and securing their information, using its patent-pending technologies. This is facilitated through its FIDO2-certified strong customer authentication, privacy and tokenization platform. The team is composed of seasoned executives with decades of experience, across global brands, helping commercialize products around security, cryptography, payments and mobile.
About ASLIRI
PT. Asli Rancangan Indonesia (ASLI RI) is a global leader in Biometric and Security industry, based in Indonesia. As a Biometric Service Provider, it caters to a very niche need within the intelligence and security market. ASLI RI empowers government, law enforcement agencies, banks, retailers and enterprises to solve identification and verification challenges through biometrics. ASLI RI provides a variety of innovative biometric software and hardware solutions for fingerprint, face, iris, voice, palm and all the way to footprint recognition, which puts ASLI RI on the leading edge of global security system technology.
Creates a simple way for enterprises and developers to give their customers simple, secure, passwordless authentication.
San Mateo, California, July 23, 2019. - The FIDO Alliance announced July 12 that LoginID Inc. has achieved FIDO2 certification for its Authentication/Privacy Platform. Now developers will be able to offer their customers a simple way to eliminate traditional logins and passwords with secure biometric authentication across smartphones, tablets, tablets and PCs.
FIDO2 is a set of standards that enables easy and secure logins to websites and applications via biometrics, mobile devices and/or FIDO Security Keys. FIDO2’s simpler login experiences are backed by strong cryptographic security that is far superior to passwords, protecting users from phishing, all forms of password theft and replay attacks.
Emerging regulatory trends such as General Data Protection Rights (GDPR) and California Consumer Privacy Act (CCPA) are forcing companies to comply with increased privacy protection rights for end-users. FIDO2 helps enterprises get one step closer to achieving compliance with new regulations.
“This is an important milestone for LoginID; our mission is to help secure and preserve customer privacy in their online interactions. The FIDO2 certification for our authentication product is another step we’ve taken towards empowering end-users with control over their personal information” says Simon Law, CEO of LoginID. “Developers will now be able to use LoginID tools to quickly and easily build FIDO2 certified passwordless login experiences for end-users, giving them easier and more secure ways to authenticate. For marketers this will mean higher conversion rates and new customers that will feel more secure in their interactions.”
LoginID joins several other companies such as Microsoft, Intel, Salesforce, Bank of America and Qualcomm, who have obtained FIDO2 certification for their products.
About LoginID
LoginID is a San Francisco/Toronto based company focused on bridging the gap around authenticating users and securing their information using its patent-pending encryption protocol Secure Data Diffusion. The team is composed of seasoned executives with decades of experience across global brands, helping commercialize products around security, cryptography, payments and mobile.
About FIDO Certification
The FIDO Alliance certifies authentication devices like biometrics and/or security keys, clients and servers to verify that they comply with FIDO specifications including FIDO2 and meet certain security profiles. This ensures that web users can use their FIDO Certified device across all FIDO-enabled web services for a seamless experience. For websites and organizations, they need only to FIDO-enable once and gain access to all FIDO Certified devices in the market. OEM’s can further differentiate their devices to meet added market requirements by taking part in security level testing — which evaluates how strongly the user’s authentication credentials are protected. Visit the FIDO Alliance website to get more information on FIDO2, including resources for developers and product vendors interested in taking part in the FIDO Certified program.
