News and insight into biometric identification and authentication

Authentify, Docusign partnership yields returns

Tuesday, November 16, 2010

Authentify, a biometric technology developer, and DocuSign, a developer of electronic document security solutions, have announced they have managed more than 35,000 documents since the partnership that began in July 2010.

The result of the two companies’ partnership is a process where users pass along confidential documents via e-mail that remain encrypted until the recipient receives a phone call at the registered phone number and authenticates their identity via voice biometrics.

More than simply securing the confidential documents, however, the process also provides users of the service with an audit trail of whom when and where with the document processing. [end] 

Bank customers are responsible for detecting fraud 82% of the time, according to Information Security Media Group’s 2012 Faces of Fraud Survey.

Banks responding to the survey reported that the three leading causes of fraud they experienced were card-not-present – 56% – data breach at a retailer or processor – 53% – and point-of-sales skimming – 47% – all root causes over which the consumer has very little control.

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Authentify introduced 2CHK – spoken as two check – an Out-of-Band authentication service for securing IT remote access and identities as well as online and mobile banking and ecommerce.

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In order to release its H1Biometric Finger Vein scanner to the U.S. market, Hitachi Europe Ltd. has signed a strategic partnership with M2SYS, making the company Hitachi’s primary Value Added Reseller for this product in North America.

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DocuSign and Authentify have announced the two companies have integrated their biometric solutions into a two-factor solution. The new option with both modes of biometric authentication is available on DocuSign’s recent release.

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