Frost & Sullivan recognizes Gemalto with two 2018 Global Company of the Year Awards
Based on its recent analysis of the global digital banking market and the identity verification and authentication solution market, Frost & Sullivan has recognized Gemalto with two 2018 Global Company of the Year Awards.
Gemalto safeguards a range of end users from identity theft and data breaches using biometric software, government ID document readers, and identity and access management solutions. Furthermore, Gemalto’s digital banking mobile security suite supports the secure transition to device-agnostic digital-first banking interactions.
“Banks are in the midst of a major paradigm shift in their traditional service models as customers fully digitize their financial lives,” explains Brent Iadarola, VP of the Mobile and Wireless Team at Frost & Sullivan. “Gemalto addresses this dilemma with the Digital Banking Suite—a solution set that enables banks to offer innovative mobile solutions that provide true end-to-end security.”
“Gemalto also designs and develops electronic ID solutions that are secure, convenient, accurate, and quick,” added said Danielle VanZandt, Security Industry Analyst at Frost & Sullivan. “The company houses these solutions, which include enhanced driving license, ePassport, and electronic vehicle registration card, on an application on the user’s smartphone—protected by a PIN or fingerprint scan. Importantly, if an end user’s smartphone is lost or stolen, eIDs and eDLs can be remotely removed and installed on a new device.”
Other security solutions from Gemalto noted by Frost & Sullivan include the Live Face Identification System, which captures and matches faces in less than a second, enabling organizations to proactively screen and monitor their environment. Customers can integrate the company’s facial recognition and other biometric solutions such as fingerprint, iris, and palm print with other technologies to increase security or add an extra layer of protection.
Company of the Year awards are presented annually to organizations that demonstrate excellence in terms of growth strategy and implementation in its field.