Privakey’s mission is to simplify how people confirm their identities, assert their intent and respond to any challenge. We improve the customer experience and security of interactions by eliminating the reliance on passwords, “security” questions and other forms of unreliable identity verification mechanisms that both frustrate users and put their information at risk.
Our software solution turns existing mobile apps into strong customer authorizers. Services can then push any type of challenge to their users that requires a strong and definitive response. Common uses of Privakey include improving login, streamlining call center authentication and confirming account changes. Whether customers are online, on the phone, on a mobile app, or using a voice connected device—they will enjoy the fast and intuitive engagement that Privakey enables.
Privakey works by turning customer devices—their laptops, tablets and mobile phones – into cryptographically-based, strong, multifactor authorizers. These devices, when powered by Privakey, become unique and strong identifiers of the customer’s identity and intent. Customers using Privakey-enabled apps simply respond to challenges (secure messages pushed to their devices) using biometrics like fingerprint and FaceID. We provide a simple, consistent and secure new way to engage with a customer base.
The team at Privakey has a long history of success in the identity and access management (IAM) market. With more than 70 years combined experience in digital identity solutions, we have been delivering state of the art software and services to industry leading companies since the turn of the century. Our customers have included IBM, Verizon, General Dynamics, and many large federal agencies. We have a strong intellectual property position, including patent protection.