LoginID provides an out of the box, FIDO-certified strong authentication solution - eliminating the use of passwords - offering simple APIs and SDKs enabling integrations in a few lines of code. The advantage of FIDO is it requires no customer downloads or plugins - FIDO is a standard inherent within devices (~ 3.4B devices globally).
There are multiple benefits LoginID can provide:
Our authentication solution is explicitly compliant with strong authentication, thereby compliant with directives such as the PSD2. By contrast, other proprietary biometrics solutions on the market are single-factor, meaning that an additional safeguard must be added, which adds friction to the user experience.
Our solution ensures that the elements required for authentication reside in the authenticating device, inaccessible by unauthorized parties – even if the user’s device is stolen or compromised, their authentication information cannot be read, copied or transferred, and authentications cannot take place unless they person trying to authenticate themselves has the other necessary features - inherence, or knowledge.
Regulatory directives such as the PSD2 mandate that payment services must have a secure mechanism that allows users to review and confirm the transactions. Our solution supports this through a mechanism by which the details of the transaction and a confirmation request are sent to the user, who in turn authorizes payment through the elements mentioned above – e.g. by scanning a fingerprint.
Some benefits of transaction confirmation are:
Chat with one of our experts today to get started. Alternatively, if you would like to get started yourself, simply register an account to get immediate access to a feature-packed dashboard.