Privakey to demo at Finovate Fall 2017

Privakey is happy to announce that it has been selected to present its revolutionary people-centric authentication solution at FinovateFall 2017. The demo-based conference will take place from September 11-14 at the New York Hilton Midtown. FinovateFall, hosted by The Finovate Group, showcases cutting-edge banking and financial technology from both startups and established companies. The conference draws an audience of more than 1600 C-level financial and banking executives, venture capitalists, press, industry analysts, and entrepreneurs from

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Privakey recently had the opportunity to participate in the Open Talent Identity Competition hosted by BBVA. The competition was created to highlight innovative startup companies disrupting the digital identity market. The final presentations took place at the K(NO)W Identity Conference in Washington, D.C., where Privakey was named a top 10 finalist out of more than 400 applicants. Throughout the conference, the BBVA team worked closely with each startup, providing coaching, expertise, and feedback before their

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Privakey is excited to announce that they are sponsoring and exhibiting at the upcoming K(NO)W Identity Conference.  The conference is hosted by One World Identity, in Washington D.C’s Ronald Reagan Building and International Trade Center from May 15th through May 17th. The conference is the premier global event for the identity industry and brings together innovators, regulators and policy-makers who are shaping the future of identity, featuring 150+ speakers and over 300 organizations. Privakey will

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  Privakey is excited to announce that they have been accepted into the Citi Tech for Integrity accelerator program. “The initiative, led by Citi in collaboration with public and private sector allies, will provide public sector entities with access to tech innovators and their ideas on how to increase transparency and efficiency. T4I [Tech for Integrity] will also provide the support and infrastructure that tech innovators need to tailor new technology solutions for this market,” Citi

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The problem with identity and authentication is nothing new: users are forced to choose between either security or convenience. Generational responses to this vary, but for millennials, convenience—not security—is the key factor in decision-making processes. A recent survey conducted at South by Southwest found that 96 percent of millennials were interested in having the ability to verify their own identity online to prevent hackers or anyone else from falsely claiming it as their own. However,

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Privakey has announced another upgrade to its revolutionary identity and authentication service. New features have been added to the Privakey Windows app to further improve the user experience. Websites, apps, and online services can differentiate themselves from their competitors by offering their users an easier login experience with Privakey—and—without passwords. The latest release introduces an even better in-app user experience and enables easier account registration. The Privakey Windows app debuted in late 2016 and broadened

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Our CEO, Charles Durkin, wrote an article that was featured in October’s edition of Cyber Defense Magazine. Read the original article here or see the copy below. “Creating a new online account is a dreaded task for most internet users. Complexity and security concerns increase user anxiety with each new username and password combination. Despite tremendous advances in technology, the problem with online identity and authentication has been getting worse. The internet’s original design did

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Privakey has announced the latest enhancement to their revolutionary cloud-based authentication service. Online services that subscribe to Privakey can now allow their users to login with a simple tap on their mobile device, or a click of their mouse. No password needed! Instead of asserting an insecure password, users simply tap the approve button when a push notification is received from the Privakey app. The user’s approval asserts their identity, which is bound to a

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In February this year, one of the biggest cybercrime bank heists to date occurred with the Bank of Bangladesh losing $81 million to hackers.  In a recent Reuters news article, it was noted that fraudulent activity was traced to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system on the computers of the Bank of Bangledesh. The article noted the following: “SWIFT is aware of a number of recent cyber incidents in which malicious insiders

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