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

Article comments powered by Disqus






Industry Insights

(MobileID) Proactive Fraud Prevention

Interconnect-related fraud such as International Revenue Share Fraud (IRSF) and PBX hacking fraud continue to be a billion dollar problem to the telecom industry.

(Defender Shield) Defense solutions for the modern SMS ecosystem

SMS is a ubiquitous communication method for person-to-person (P2P) text messaging, which has been in use globally for nearly 20 years.

(Defender Shield) Preventing Grey Routes and the Multi-billion dollar Threat

The convenience of mobile messaging has brought communication efficiency to billions of consumers worldwide. As is often the case with widely accepted technologies; however, convenience can provide a vulnerable gateway to fraudulent activity.

Product Documents

Asset Protect

While unlimited or high-volume voice and SMS plans offer great value to subscribers, sometimes fraudsters exploit these plans to avoid paying termination and interconnect fees.

Defender Shield

In a world with ever-increasing Application-to-Person (A2P) messaging needs and competition, improving customer satisfaction and eliminating revenue leakage is key for protecting SMS profits.

MobileID

Accurate and cost-efficient routing of voice calls and SMS is critical. Unfortunately, gathering reliable routing data on ported numbers and keeping up with constant changes in number plans is expensive and time-consuming.

Fraud Solutions

Communications fraud is a $20B annual global problem and growing. Companies are looking for peace of mind so that their business and their customers are protected from the onslaught of technology crime that is damaging their reputations and their balance sheets.