NXT-ID enables local identity validation

Monday 8 September 2014 11:52 CET | News

NXT-ID, a biometric authentication company, has submitted a patent application for a method to locally verify identity.

Under this application, individuals, accounts, devices and even financial records may be authenticated locally without passing private information over a cloud connection and running a background check.

The system is also capable of generating challenge questions and secret answers from locally known values to provide the user with a standard validation experience.

NXT-ID’s MobileBio solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the m-commerce market, launching its MobileBio suite of biometric solutions that secure consumers’ mobile platforms led by the Wocket, a smart wallet designed to replace all the cards in one’s wallet.

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Keywords: NXT-ID, biometric authentication, digital identity, online security, MobileBio
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime