April 30, 2015 -
Encap Security announced it has released Smarter Authentication 3.0 platform, which includes added support for Samsung’s fingerprint scanner.
The updated biometric authentication platform includes several new features that allow financial institutions to benefit from smart device capabilities to deliver personalized and contextual access to digital services across any channel.
The platform can now scale to support any smart device and extend to incorporate new authentication capabilities, including Samsung’s fingerprint scanner and legacy technologies such as SMS one-time-passwords for feature phones.
Other features include the ability to add existing and new device-based authentication technologies; the provision of device and user intelligence to determine the optimal authentication method, flag risks, and alter security level in proportion; geolocation capabiltiies; offline device mode; and an app defender that protects users against malware, even on jailbroken or compromised devices.
Encap Security’s platform enables financial institutions to adopt current and future authentication methods and deploy them in combination to create a solution that is best suited to the context of use.
“Encap’s platform allows banks the freedom to add authentication methods as they become available and, best of all, offer a choice to their customers,” said Thomas Bostrøm Jørgensen, CEO of Encap Security. “Smarter Authentication 3.0 builds on our belief that authentication, security, and convenience can be used in the same sentence. That you can create and deliver a familiar and intuitive experience with a choice of authentication methods adapted to the customer, device, and risk involved. It transforms authentication from an obstacle into an enabler for financial services innovation.”
Previously reported, Encap Security integrated Apple’s Touch ID fingerprint recognition technology into its Smarter Authentication platform, enabling any financial services application using Encap’s technology to use Apple’s fingerprint sensor for login and transaction authentication.