News

Nametag launches 'Sign in with ID'

Thursday 10 February 2022 14:44 CET | News

US-based authentication solutions company Nametag has rolled out ‘Sign in with ID’ authentication method to access online accounts.

Traditionally, people’s accounts are linked to a username and password, or SMS verification, says Nametag, and these accounts can be compromised via methods like phishing and social engineering. When an attacker can impersonate someone, they can access their account.

Sign in with ID works by scanning a QR code to start the authentication, then scanning the users ID along with taking a selfie, which the software then matches, and finally tapping to confirm and share only what’s necessary for that transaction.

Sign in with ID is a way for companies to authenticate users online by verifying people, not passwords. It enables companies to accelerate customer onboarding, support, and transaction efficiency, with a reduced risk of fraud, and without sacrificing customer experience, according to the company.


More: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: product launch, online authentication, fraud prevention, identity verification, digital identity
Categories: Fraud & Financial Crime
Companies: Nametag
Countries: World
This article is part of category

Fraud & Financial Crime

Nametag

|
Discover all the Company news on Nametag and other articles related to Nametag in The Paypers News, Reports, and insights on the payments and fintech industry:





Industry Events