Companies crave manageable systems, lower overhead and future-proof security. Customers yearn for safer, easier and lower-friction logins. “While some security breaches do arise from sophisticated hackers harnessing previously unknown flaws in software,” Fast Company reports, “many also involve humans being tricked into falling for scams or simply making mistakes: 85% of breaches studied by Verizon for its 2021 Data Breach Investigations Report ‘involved a human element.’” The “human element” is a driving factor for everything we do, especially with passwordless authentication.įast Company’s prestigious listing underscores the momentum pushing the world toward a passwordless future. Today, we’re thrilled to be recognized by Fast Company for driving progress in the passwordless space, ranking third on their list of the 10 most innovative companies in security.įast Company’s list highlights the importance of security solutions that address the human aspects of risk. We’ve seen constant affirmations of this fact from a wide spectrum of tech journals, magazines and investors. This is a guest post by Mickey Boodaei, CEO of Transmit Security.The need for passwordless authentication is profoundly imminent. Several of…īiometric authentication is not solving the password problem ID4D initiatives and TSA trials top this week’s biometrics and digital ID newsįor the second consecutive week, Nigeria and airport biometrics made headlines on Biometric Update, though for different reasons. Several organizations dedicated to biometrics and digital ID have added companies to their membership ranks. Transmit Security has released biometric service BindID to replace passwords in customer authentication without dedicated hardware or software, across any channel…īiometrics, digital ID alliances joined by Princeton Identity, Idemia, ATB Ventures, Transmit Security Transmit Security’s BindID uses native device biometrics to replace customer passwords Passwordless authentication solutions using device biometrics continue to draw interest from enterprises and observers, as a survey from Transmit Security… Passwordless authentication with device biometrics awarded, launched and praised Several new awards have honored industry leaders from around the globe in recognition of their innovative efforts to rethink biometric… TypingDNA CEO honored for biometrics entrepreneurship Transmit Security has raised a whopping $543 million in Series A funding to back its efforts to replace passwords with biometric… Transmit Security raises $543M to grow biometric passwordless authentication It has been an eventful week for HR at some biometrics and digital identity firms, with 1Kosmos expanding its executive… New faces at 1Kosmos, Transmit Security, Identiv, Okta, Prodigy ID.me has secured $100 million in debt financing from funds managed by Fortress Investment Group LLC affiliates, along with an additional… ID.me, VIDA announce funding to fuel continued digital ID growth Often, research comes along that illuminates a startling insight. ![]() Passwords are a pain for everyone - Boomers to Gen Z. Socure, Transmit Security, Elenium honored for excellenceīiometrics and digital identity firms Socure, Transmit Security, and Elenium took spots in lists that celebrate excellence in start-ups, innovation,…Įxecutive appointments reflect sharpening focus for biometrics providersīiometrics providers Zwipe, Rank One Computing, Alcatraz AI, ValidSoft, Transmit Security, Ondato, and ID.me announced new hires at various executive…īiometrics and digital ID providers announce awards, distinctionsĪ series of awards and recognitions has been snapped up by biometrics and digital identity providers, in celebration of some… ![]() Tech5 is giving its Research and Development efforts a boost with the opening of two new centers to further research… ![]() Tech5 establishes new biometric research centers in Portugal and India Transmit Security announced record growth figures alongside updates for its customer identity and access management (CIAM) products, as well as… Transmit Security updates biometric passwordless authentication suite, reports record growth The passwordless authentication market may reach $6.6 billion by 2025, experiencing a compound annual growth rate of 31.1 percent compared… Passwordless authentication market to reach $6.6B by 2025 Is an era of Zero Trust consumers really dawning? A survey paid for by a digital ID authentication company claims… Jumping the gun on a new era of security-informed online consumers The global biometric authentication provider Aware has launched a formal partner program to “provide greater clarity and transparency around the… Nov 16, 2022
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