Fraud & Identity Fraud & Identity

Fraud & Identity Featured Article

August 09, 2017

InAuth, AimBrain Partner for Six-Factor Mobile Authentication

When it comes to account security, there’s no such thing as too much protection. Sure, going through multiple layers of authentications during every login may grow tiresome. And, yes, having the bank call you about a transaction they found to be suspicious can be annoying if it was in fact you making the purchase. However, these precautions are in place to protect you and your account information.

InAuth and AimBrain announced recently that they’ll be taking those precautions to the next level very soon through their new partnership. Going forward, InAuth, a provider of digital device intelligence solutions for a mobile-first world, and AimBrain, a biometric identity technology provider, will collaborate to enable banks and financial institutions, digital wallet providers, payment service providers (PSPs) and other organizations to deliver up to six factors of authentication for their customers’ mobile transactions.

Both of these companies have a reputation for providing great security through their authentication solutions. InAuth’s InMobile solution, for instance, enables clients to determine the trustworthiness of the mobile device itself. Meanwhile, AimBrain provides authentication technology that uses facial, voice and behavioral biometrics to verify the identity of the customer.

Together, these companies’ complementary technologies will help financial institutions implement strong customer authentication practices. However, the real selling point here is that, despite the added security, customers will not experience friction when accessing their accounts. If the person accessing the account is the owner, then there should be absolutely no problem.

“We are excited about working with AimBrain to address a critical need in the industry, particularly for financial services providers who must continually evolve in order to stay well ahead of costly fraud and cyber threats,” said InAuth President Lisa Stanton. “Going well beyond two-factor authentication, InAuth and AimBrain’s technologies deliver a powerful combination of authentication capabilities that can be implemented seamlessly and invisibly to provide a multi-layered, multi-faceted approach to device security and customer authentication.”

Hopefully these two companies will be able to change the way we access our information for the better.

Edited by Maurice Nagle

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