2016 NAFCU Services Innovation Award Winner
Daon is a Global Leader in Mobile Biometric Authentication
How convenient and secure is your mobile authentication strategy? With Daon’s IdentityX Platform, your credit union can stop authenticating things and start authenticating members!
Products and Services
Traditional authentication methods, such as usernames and passwords, have become a problem. They are cumbersome to enter, especially as your members shift toward mobile, and constantly at risk of being hacked or stolen. At Daon, we believe in authenticating humans, not a proxy.
With IdentityX your members can easily and safely interact with you online. Members can access their account or transfer money just by taking a selfie, speaking a passphrase or random set of numbers, or using their fingerprint. This isn’t fiction; this is the future of mobile authentication.
Built on the heritage of our software that secures national borders and critical infrastructure, IdentityX offers a universal authentication platform for mobile devices. It allows users to mix and match biometric modalities such as voice, fingerprint, and facial recognition individually or fused together to deliver the level of assurance desired. IdentityX is a platform and future-proofed, with the ability to snap in new biometric modalities as they become available. The best part: your customers don’t have to carry an additional device or dongle – it works with the features already available on their smartphone.
IdentityX® Platform empowers individuals to securely establish their identity by capturing and fusing together a combination of authentication factors--- biometrics (fingerprint/voice/face etc.), hardware token possession (their mobile device), encryption, PIN entry, and location-based technology. Multi-factor fusion provides the greatest authentication fidelity available. The required combination of authentication methods is flexible and driven by risk-based policies determined by the credit union. IdentityX® helps to address the challenges arising from current authentication methods that are largely outdated, non-secure, and/or inconvenient to the user. Now instead of having to remember complicated usernames and passwords, credit union members can just take a selfie, speak a passphrase, or use their fingerprint.
Daon is an innovator in developing and deploying biometric authentication and identity assurance solutions worldwide. Daon has pioneered methods for securely and conveniently combining biometric and identity capabilities across multiple channels with large-scale deployments that span payments verification, digital banking, wealth, insurance, telcos, and securing borders and critical infrastructure. Daon's IdentityX® platform provides an inclusive, trusted digital security experience, enabling the creation, authentication and recovery of a user’s identity and allowing businesses to conduct transactions with any consumer through any medium with total confidence.