Privakey’s multi-factor authentication solution makes your organization compliant with PSD2 strong customer authentication requirements.
Privakey’s technology enables a simple and consistent way for customers to seamlessly authenticate, without passwords or multiple devices.
Our solution binds customer identity with the devices they already own, making authentication convenient and secure. Second factors can either be a PIN or biometric, making the user experience similar to the way they’re accustomed to unlocking their devices (mobile phone, computer, tablet).
Privakey delivers two factor security, without the hassle and insecurity of legacy technologies like SMS messages and out-of-band codes. Customer transactions and data will be completely secure without having to teach your customers anything new. Best of all, Privakey is easy to implement and will have your organization ready for PSD2 in no time.
Where Strong Customer Authentication is Needed
PSD2 requires two factor authentication for all payment transactions. Privakey can be enabled to notify a customer and gain their authorization through a simple assertion of either a PIN or biometic on a user device once a payment has been initiated.
SCA is also required when customers are accessing their online payments accounts. Privakey’s technology can grant secure access to these accounts using the same multi-factor authentication that customers are already used to.
Privakey can be enabled to deliver authentication alerts for any type of customer interaction that is deemed high risk or suspicious. Customers can confirm or deny any transaction or confirm their identity, using our notification framework.
PRIVAKEY IS AVAILABLE AS A CLOUD SERVICE OR A LICENSED TECHNOLOGY.
CONTACT US FOR MORE INFORMATION OR TO SCHEDULE A DEMO.