iovation

Biometric Authentication is Key to Success in a Post PSD2 Landscape: Report

Biometric Authentication is Key to Success in a Post PSD2 Landscape: Report

The final deadline for compliance with the European Union’s revised Payment Services Directive (PSD2) is coming up in September of 2019. However, a new report from the Aite Group and iovation suggests that most payment services providers are not prepared. And those that do comply are expected to turn to some form of biometric authentication.…

TransUnion to Acquire Iovation

TransUnion to Acquire Iovation

“Iovation offers a number of device-based authentication solutions including FraudForce, SureScore, ClearKey, and LaunchKey – the latter being itself the product of an acquisition on Iovation’s part.” TransUnion is going to acquire Iovation. In a statement announcing the planned acquisition, the company said it’s aimed at “strengthening its leadership position in fraud and identity management.”…

Biometric Security Has Multigenerational Appeal: Survey

Biometric Security Has Multigenerational Appeal: Survey

A new survey suggests that consumers across multiple generations are ready to move beyond password-based security and into biometric authentication. The survey was conducted by Aite Group on behalf of digital security solutions provider Iovation, and its results were published in a report entitled Moving Beyond the Password: Consumers’ Views on Authentication. It found that of…

New Authentication System Patent Is Based On Missile Launch Precautions

New Authentication System Patent Is Based On Missile Launch Precautions

iovation has patented a new authentication system that would require multiple parties to approve transactions in order for them to go through. The patent is entitled “Systems and Methods for Group Authentication”. In a certain sense, the patent application is a direct result of iovation’s acquisition of LaunchKey this past September. In a statement announcing…

iovation Leverages LaunchKey Tech to Offer Flexible Authentication Solution

iovation Leverages LaunchKey Tech to Offer Flexible Authentication Solution

In a bid to dramatically extend its presence in the authentication market, iovation has acquired LaunchKey and is, accordingly, launching a new authentication solution that takes advantage of the companies’ combined technologies. iovation recently won some industry acclaim in The Golden Bridge Awards for its device-based Customer Authentication platform, which uses trusted devices to enable low-friction…