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Acceptto reports 2X year-over-year behavioral authentication revenue growth

Acceptto reports 2X year-over-year behavioral authentication revenue growth
 

Acceptto has announced 100 percent year-over-year growth in 2019 generated by a growing customer portfolio that has doubled over the last 12 months and new deployments, and has entered 2020 with a fourfold increase in customer contracts.

Acceptto provides passwordless solutions for Fortune 100 companies, top healthcare institutions, businesses operating in the financial services and payments sector, and retail verticals.

“Acceptto continues to gather considerable business momentum and we’re proud to announce our success for the past year with the rapid adoption and customer satisfaction of our industry-leading, Continuous Behavioral Authentication platform,” said Shahrokh Shahidzadeh, CEO, Acceptto. “We’re strengthening our executive team and advancing our technology to fuel our growth as enterprises look for better ways to address security in an age where passwords are ineffective and identity authentication is mission-critical.”

In 2019, Acceptto entered integration partnerships with Microsoft Azure-O365, Salesforce, VMWare, ServiceNow, and Citrix Workspace, broadening its Identity Access Management (IAM) ecosystem, with Central Authentication Service to add support for multi-factor authentication (MFA) and QR passwordless authentication during login and post-authorization, and with Okta to support smart MFA enabling passwordless continuous authentication.

Acceptto received FIDO Alliance certification for the FIDO2 server protocol and was certified as Citrix Ready. The company was included by Sinet on its 2019 SINET 16 Innovator award winner list for its behavioral biometric technology.

Other landmark events in 2019 include adding Jim Kaskade to the board of directors, receiving five U.S. patents for user device authentication policy orchestration, dynamic adaptive authorization and enhanced identity access control.

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