IDEMIA honored for it biometrics and mobile-based CloudCard+ solution
IDEMIA today announced that CloudCard+, its biometrics and mobile-based customer authentication solution, has won the Best Payment Authentication Solution category of the 2018 Juniper research awards.
CloudCard+ allows customers to use their mobile devices and face or fingerprint biometrics to strongly authenticate while online shopping and performing banking transactions like money transfers and payments. According to the announcement, CloudCard+ meets PSD2 requirements regarding strong customer authentication (SCA), with which banks have to comply before September 2019.
“IDEMIA is thrilled and honored to receive this JUNIPER Research Best Payment Authentication Solution Award for its biometrics and mobile-based Strong Customer Authentication solution, CloudCard+, commented Nathalie Oestmann, SVP strategic marketing and innovation of IDEMIA’s Financial Institutions business/ “Our ambition is to enable financial institutions to strike the perfect balance between digital security for banking and an optimal payment services user experience through the mobile channel. Used by millions of end-users, CloudCard+ has been adopted by major banking groups to comply with PSD2 requirements for Strong Customer Authentication.”
In September French national security agency ANSSI, Agence Nationale de Sécurité des Systèmes d’Information, granted CloudCard+ its first level security certification. Following testing at an independent laboratory accredited by ANSSI the agency confirmed that the software complies with its security goal and validated the efficiency of its security functions.