IronVest combines live biometric authentication and real-time user actions to ensure only the authorized user can sign in and take sensitive actions in accounts. All while creating a seamless user experience.
Banks face constant risk of attacks like phishing, session hijacking, and malware, leading to financial losses, reputation damage, and compromised customer data. To mitigate these risks, they use fraud detection systems, which add friction and costs to the user experience. AuthenticAction™ combines biometric authentication, session monitoring, and automatic data sealing to ensure secure transactions and reduce fraud rates for a faster and easier customer experience.
Say goodbye to the risk of account takeover, action manipulation and session compromise fraud. AuthenticAction™ guarantees that only authenticated users are able to complete transactions.
End-to-end protection
Passwords and authentication factors primarily only protect access during login. AuthenticAction™ uses the device’s camera to ensure it’s the authorized user in the account – not a hacker.
Remove the friction for users
Forget about entering passwords and checking other devices for 2FA codes. AuthenticAction™ removes the need for additional security measures, leaving customers with a convenient and streamlined experience.
Reduce fraud investigations
A hack or breach is not just a headache for your customers. By improving security measures, your financial institution can drastically reduce the amount of fraud claims that siphon off resources for lengthy investigations.
Seamless integration & deployment
Our API service team is just a call away. They can help improve and enable new digital user flows, reducing integration complexity while improving user security and experience.
Improve operational efficiency
Remove dependency on fraud signals that are operationally complex and expensive to manage.
We combine facial biometric, liveness detection, anti-spoofing and anti-injection. This not only combats credential theft, it also defends against a session compromise or hijacking.
Plus, our proprietary technology separates a user’s biometric information instead of storing it all in one place, keeping it out of the hands of bad actors.
Along with continuous biometric authentication, we monitor the activity within the sensitive session to make sure the customer is entering the information and it wasn’t manipulated after the fact by an unauthorized entity, human or not (malware, trojan, etc.).
Biometric data along with sensitive activity information, are all combined into a single security stream which seals the overall activity. Only the “real” user can seal the transaction.
The AuthenticAction™ seal creates a yes/no verification. A simple API call validates the user authentication, actions, and integrity of submitted data.