Indonesia biometrics provider PrivyID joins FIDO Alliance and plans working group participation
Indonesian e-signature digital identity technology provider PrivyID has officially joined the FIDO Alliance to take part in global policy and market development activities, which the company says makes it the first company from the country to do so. PrivyID has provided digital ID to 4.5 million users so far by matching government ID to a biometric selfie.
“By becoming a member of the FIDO Alliance, PrivyID is showing its commitment to a new model in user authentication that prioritizes both simpler and stronger user experiences,” says Andrew Shikiar, executive director and CMO of the FIDO Alliance. “We look forward to PrivyID’s contributions to the Alliance as we work to change the nature of authentication and strengthen identity verification processes.”
PrivyID plans to contribute to the Alliance’s Identity Verification and Binding Working Group (IDWG). The IDWG provides authoritative guidance performance evaluation, and certifications for user identity validation techniques to meet KYC and AML requirements.
The company claims it has partnerships with more than 200 companies in Indonesia, including its largest banks and IT companies.
“We are excited to become part of the FIDO Alliance. We are certain that aligning strategic initiatives and innovations with the alliance would greatly assist us in providing a strong, integrated, and secured digital identity solution to our customers,” comments PrivyID Founder and CEO Marshall Pribadi. “We look forward to participating in a globalized knowledge exchange and engagement program with other members.”