TypingDNA extends proprietary typing biometrics technology for mobile authentication

19 decembrie 2019

TypingDNA is extending its proprietary typing biometrics technology for mobile-based authentication at the Gartner Identity and Access Management (IAM) Summit 2019, the company announced.

TypingDNA develops frictionless authentication solutions that ensure security through typing biometrics on smartphones. The technology analyzes keystroke times and mobile sensory data to create patterns to authenticate users. Its mobile authentication solution can be deployed on iOS, Android and Reactive Native for multiple uses cases such a two-factor (2FA) and multi-factor authentication (MFA) to ensure customer security, but also in SaaS-delivered IAMs integrations, and for SSOs.

“Due to a continuous worldwide increase in the number of smartphone users and growing mobile authentication requirements in areas such as banking, we have decided to spread our authentication capabilities to mobile. This way, we ensured enabling our clients to deliver a mobile-first approach in authenticating their users,” said Raul Popa, CEO, and co-founder of TypingDNA.

“Innovative account security is provided with an unprecedented accuracy based on proprietary AI technology, making typing biometrics a good fit for authentication in a secure and customer-friendly way.”

TypingDNA’s behavioral biometrics technology has been applied in many industries including banking, financial services, insurance, and identity verification for online learning organizations.

The European Banking Authority (EBA) approved keystroke dynamics as a compliant method of authentication under PSD2’s SCA requirements earlier this year.

„The fact that EBA has recently approved keystroke dynamics as a compliant method of authentication under PSD2’s SCA requirements, further confirms typing biometrics authentication as a suitable alternative for the banking industry use case. TypingDNA’s behavioral biometrics technology is fully customizable and easy to scale, equally benefiting small and large enterprises alike.”, the company said.

In June, TypingDNA released a customizable MFA solution that uses a combination of typing biometrics, SMS OTP, or email OTP to authenticate users in a secure, frictionless manner. Its solution was integrated with cybersecurity firm XTN Cognitive Security’s behavioral fraud prevention solution to help banking organizations defend against sophisticated fraud threats.

TypingDNA’s authentication is currently used in industries such as banking, financial services, insurance, and identity verification for online learning organizations.

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Jan Schildbach – Analyst Deutsche Bank

„Though Libra has met with fierce resistance from central banks and supervisory authorities and might never see the light of day, in many other cases tech firms (both start-ups and established big players) have successfully captured bits and pieces of universal banks’ traditional value chain. This trend may only intensify in the coming years. In this environment, European banks remain squeezed.”

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale in 2020?