![]() The security solution to password breaches by bad actors so far has been to increase the amount and complexity of passwords. One of the great identity security concerns for consumers and businesses is the vulnerability of passwords. ![]() Mickey also explains what he’s learned about attracting and retaining talent, and he offers some guidance to the next generation of entrepreneurs. Over 1,000 enterprise customers use Prove’s platform to process 20 billion customer requests annually across industries including banking, lending, healthcare, gaming, crypto, e-commerce, marketplaces, and payments.Mickey Boodaei, the CEO and Co-Founder of Transmit Security discusses how the world can move on from passwords. Prove’s phone-centric identity tokenization and passive cryptographic authentication solutions reduce friction, enhance security and privacy across all digital channels, and accelerate revenues while reducing operating expenses and fraud losses. Īs the world moves to a mobile-first economy, businesses need to modernize how they acquire, engage with, and enable consumers. Millions of people use HID products to navigate their everyday lives, and billions of things are connected through HID technology. Our trusted identity solutions give people convenient and secure access to physical and digital places and connect things that can be identified, verified and tracked digitally. HID powers the trusted identities of the world’s people, places and things. Our company is dedicated to providing users with the best content and cutting edge information on technology, news, and mobile solutions for your mobile identity management needs. Learn more: Mobile ID World is here to bring you the latest in mobile authentication solutions and application providers. TECH5 target markets include both Government and Private sectors with products powering Civil ID, Digital ID, as well as authentication solutions that deliver identity assurance for various use cases. TECH5 is an international technology company founded by experts from the biometrics industry, which focuses on developing disruptive biometric and digital ID solutions through the application of AI and Machine Learning technologies. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. It’s a bold claim, and one that has evidently won Transmit Security some renown, with CEO Mickey Boodaei having recently been named one of the eight members of HSBC’s new Technology Advisory Board.įaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. Transmit SP is a mobile authentication platform that Transmit Security says “can add any form of authentication… to any application”. But Transmit Security was evidently hard at work behind the scenes as it prepared for the launch, with the company asserting that the deployment process with FIBI “took less than two months”. ![]() It’s a considerable win for Transmit Security given that it only officially launched Transmit SP at the start of this year, and that FIBI is the second major bank in Israel to deploy the solution. ![]() In a statement announcing the deployment, Transmit Security explained that FIBI was making the move in order “to meet regulatory mandates that require the implementation of risk-based multi-factor authentication”. The First International Bank of Israel (FIBI) is implementing the Transmit Security Platform (“Transmit SP”) in its line of services. ![]()
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