Raonsecure and Privakey collaborate on next-generation authentication platform
User challenge software company Privakey has formed a partnership with Raonsecure to integrate its secure, push authorization platform with Raonsecure’s full suite of FIDO-certified authentication products.
The companies say their joint solution enables the extension of biometric identification to many new touchpoints, and lets clients deliver experiences secured by asymmetric cryptography. Eliminating passwords, SMS one-time passcodes and other knowledge-based authentication is a customer experience opportunity for banks, healthcare providers, and other services, according to the announcement.
“Imagine interacting with your bank where passwords are replaced with facial recognition, knowledge-based questions are eliminated in the call center, and forms and documents can be completed conveniently on your phone with the backing of secure biometrics,” comments Privakey Chief Revenue Officer Patrick Kelly.
“With Privakey, Raonsecure has found a great partner to bring South Korea’s most-deployed FIDO authentication solution to North America—an important biometric authentication market,” says Kim Chang-soo, Executive Director of Global Business for Raonsecure. “Customers will soon be able to use a next-generation authentication platform that combines enhanced ease-of-use and greater security.”
Raonsecure, a FIDO Alliance board member, has more than 30 million users in South Korea, largely in the banking and payment industries. The company recently received FIDO2 certification for its TouchEn OnePass system and its Raon FIDO Dongle.