InAuth, AimBrain partner to enhance 6-factor authentication for FI

Tuesday 19 September 2017 08:09 CET | News

InAuth, AimBrain, two providers of biometric identification and security solutions, have teamed up to offer 6-factor authentication for mobile banking.

InAuth is enhancing their InMobile solution via collaboration with AimBrain. The InMobile software authenticates the devices transacting with them, and by examining thousands of unique identifying attributes on mobile devices aims to create a permanent device ID. Furthermore, the software is able to assess a device’s risk-level that allows clients to use their mobile devices as an authentication factor.

AimBrain uses facial, voice, and behavioural biometric authentication to detect at-risk devices, allowing organizations to authenticate customer identity from any device. As banks and financial institutions roll out these solutions, customers will be asked to register their biometrics either through providing a picture or by using an existing image the bank has on file. Once their biometric is recorded, customers will be able to log into their accounts without entering a username or password.

It is important to note a user’s biometric is never transmitted or stored in its original format. Biometrics are immediately converted to an encrypted mathematical string of data that only AimBrain can decrypt and authenticate.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: InAuth, AimBrain, partnership, authentication, online security, fraud prevention, fingerprint authentication, biometrics, mobile banking
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: World
This article is part of category

Securing Transactions

Industry Events