Purse Identity vs. 1Kosmos

1Kosmos

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What is Purse Identity?

Purse Identity is a Customer Identity and Access Management (CIAM) solution built to unify customer identification, authentication, consent, security, and access across omnichannel customer journeys. The platform helps organizations recognize customers across interactions while reducing login and registration friction that can negatively affect conversion. Purse Identity structures its CIAM capabilities around five pillars: Connect, Authorize, Control, Secure, and Unify. Persistent sessions reduce the need for customers to repeatedly authenticate, while supported login experiences can incorporate passkeys, biometrics, and one-time passwords. The platform creates a unified customer profile that is synchronized in real time across channels, helping businesses maintain a consistent identity as customers move between web, mobile, store, and other experiences. Consent and customer data management capabilities are designed to give organizations greater control over how identity information is stored, accessed, and used. Purse Identity also provides proactive and reactive security capabilities, including real-time risk detection and adaptive authentication intended to distinguish suspicious activity from legitimate customer behavior. Ready-to-use APIs and SDKs help technical teams integrate identity functionality into their applications while reducing dependence on custom identity infrastructure. Purse can combine these capabilities with Purse Payment, positioning the broader platform as an integrated identity and payment orchestration environment that can reduce the number of separate systems and integrations required. The infrastructure is designed for high-volume environments, with Purse reporting more than 325 million managed profiles and service availability of at least 99.99%. Purse Identity is ISO 27001 certified and provides native GDPR compliance, while Purse reports that more than 100 brands use its technology.

What is 1Kosmos?

1Kosmos enables individuals, clients, and employees to engage with digital services securely by offering passwordless access. The BlockID platform integrates identity verification with robust authentication methods, establishing a decentralized digital identity that safeguards against identity theft, account compromise, impersonation, and fraudulent activities, all while ensuring a seamless experience for users. Notably, BlockID stands out as the sole platform certified by NIST, FIDO2, and iBeta, executing millions of authentications each day for key players in the banking, telecommunications, and healthcare sectors worldwide. This comprehensive approach not only enhances security but also builds trust among users, ensuring that their identities are protected in an increasingly digital landscape.