October 29, 2015 -
Fraud prevention and risk management firm Early Warning recently introduced its new Authentify multifactor authentication platform.
The set of solutions allows organizations to centralize and control multiple authentication methods, including various biometric modalities, through a single interface.
Users are able to activate the authentication methods as needed, selecting from a range of authenticators including two-factor out-of-band via voice and SMS, mobile network operator intelligence, voice, fingerprint and behavioral biometrics, near field communication, threat detection, device binding, and secure messaging.
The single-vendor omnichannel, multifactor solution requires just one implementation, eliminating the costly and resource-intensive alternative of having to deploy various independent authenticators.
“The Authentify Platform addresses the multi-dimensional challenge of payments’ risk, said Peter Tapling, vice president of authentication solutions at Early Warning. “It brings together multiple modes of authentication – all sitting on top of a bank consortium model that is powered by shared intelligence – to simplify risk-managed authentication while strengthening accuracy and speed to optimize the consumer experience.”
Previously reported, Early Warning partnered with BioCatch to help U.S. financial services organizations gain and share behavioral intelligence to ultimately decrease new account fraud and account takeover while improving the overall user experience.