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What is Privakey?

Privakey’s transaction intent verification provides a secure mechanism aimed at improving high-risk transactions between service providers and their clientele, now available as a cloud-based option. In a market where fraud is widespread, companies are confronted with fierce competition while trying to capture customer satisfaction, all while juggling the fine line between enhancing user experience and ensuring security. This difficulty grows more intricate with each passing year. What strategies can enterprises implement to securely connect with their customers and build trust during critical transactions without adding extra complications? The answer can be found in Privakey. Transaction intent verification (TIV) integrates strong identity assurance with contextual responses to ensure a fluid user experience. Common uses of TIV include confirming payments, approving wire transfers, and notifying users about account updates. Our cutting-edge methodology utilizes asymmetric cryptography, mobile biometrics, and secure alerts to protect the integrity of all interactions, allowing both businesses and customers to engage with confidence. As the digital ecosystem progresses, adopting such innovative solutions is vital for sustaining a competitive advantage, while also addressing the growing consumer demand for security and simplicity in transactions.

What is BehavioSec?

The cutting-edge realm of behavioral authentication is exemplified by the BehavioSec platform, which is now adopted by Fortune 2000 firms globally, utilizing sophisticated authentication methods to reliably verify user identities with an accuracy rate surpassing 99%, while serving millions of users and handling billions of transactions. In spite of heavy investments aimed at bolstering security protocols to combat cyber threats, the ongoing challenge of account takeovers remains a significant concern for many organizations. These businesses also grapple with a variety of expensive obstacles, including the necessity for labor-intensive fraud investigations and the risk of losing customers due to overly stringent security measures, often stemming from ineffective protective spending. BehavioSec adeptly addresses the risks associated with account takeovers through its pioneering deep authentication method, which utilizes behavioral biometrics to confirm user identities in a seamless and unobtrusive way. This approach guarantees that access is granted solely to legitimate users, thereby substantially reducing operational expenses while effectively deterring fraudsters. Moreover, BehavioSec enhances its defenses against new account fraud via improved population profiling powered by behavioral biometrics, providing a robust shield against evolving threats and setting a new standard in cybersecurity. Ultimately, the integration of such advanced techniques not only fortifies security but also fosters user trust and satisfaction.

Media

Media

Integrations Supported

ForgeRock
Kount
NICE Actimize
OneSpan Authentication Servers
OneSpan Identity Verification
Ping Identity

Integrations Supported

ForgeRock
Kount
NICE Actimize
OneSpan Authentication Servers
OneSpan Identity Verification
Ping Identity

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Privakey

Date Founded

2016

Company Location

United States

Company Website

www.privakey.com

Company Facts

Organization Name

BehavioSec

Date Founded

2008

Company Location

United States

Company Website

www.behaviosec.com

Categories and Features

Authentication

Biometric
Credential Management
Knowledge-Based Authentication
Mobile Authentication
Multifactor Authentication
Out-of-Band Authentication
Policy Management
Self Service Portal
Single Sign On
Social Sign On

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