Daon

Category: Security

Daon

Company profile

Daon has a vision – “To be the world’s leading human authentication platform enabling people across any channel to easily assert and protect their identity.” Daon is a privately held software company and biometrics industry leader. The company builds biometric software products that allow people to authenticate themselves in person or online in a secure, convenient and flexible manner, thus eliminating the threat of security breaches and fraud. Daon has pioneered methods for securely and conveniently combining biometric and identity capabilities in multiple channels with large-scale deployments that span payments verification, digital banking, and securing borders and critical infrastructure.  Daon’s solutions provide their customers with choice, making it easier and safer for people to conduct business online, travel, vote, and so much more.

Customers want the freedom of choice to use the authentication method that fits their preference, whether that be their fingerprint, face, voice or alternative biometrics just emerging on the marketplace. Companies need to be inclusive of all their customers and provide convenient authentication across all digital channels while controlling the entire process as they can switch from one authentication method to another. Financial institutions have the choice to preserve their existing security systems, integrate a biometric component, and future-proof their overall security approach, all from a single flexible platform.

About the product

Daon’s IdentityX® Platform uses a mobile device to authenticate humans using their unique characteristics. IdentityX combines a variety of factors, including biometrics, liveness detection, device ID, encryption, PIN entry, and location-based technology. The required combination of authentication methods is flexible and driven by risk-based policies determined by customers who integrate the platform.

IdentityX focuses on the range of customer journeys as they interact with your business delivering a superior digital experience without compromising either the customer perception of security or the underlying risk exposure for the enterprise. Not all transactions are equally prone to fraud and losses. IdentityX allows companies to reimagine security from the customer’s perspective and provide a tailored experience for every customer on any transaction.

 

Want to add Daon to Backbase? Let’s talk!