Incognia offers a new approach to mobile app security that requires no action by the user. Instead, the company makes use of location signals and motion sensors on the device to create a location identity unique to each user, like a location fingerprint, that delivers a solution for differentiating trusted users from fraudsters. As an identity solution, Incognia is 10 times more accurate than FaceID in uniquely identifying a user and has a false acceptance rate of less than 1 in 17 million, according to the company.
To address the growing volume of social engineering fraud attacks, Incognia works silently in the background on mobile devices using anonymised location behaviour to create a new form of digital identity that provides a frictionless UX with augmented security. The company addresses the balancing act between friction and security for user authentication and fraud prevention on mobile applications, across industries including fintech, crypto, gaming, delivery, and social.
Company officials stated that traditional authentication and fraud detection solutions aren’t working for the user, or for businesses, and the market is looking for more innovative technologies. Incognia is pushing the frontier of identity assurance and authentication to deliver increased security with minimal user friction.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now