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Privakey Unveils Single Sign-On Solution for Enterprises – Finovate

6 February 2024
in DeFi
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Authentication platform Privakey has launched its Single Signal-On (SSO) resolution, Privakey SSO.

The brand new providing allows enterprises to leverage passwordless authentication and authorization.

Headquartered in Philadelphia, Pennsylvania, Privakey made its Finovate debut at FinovateFall 2017 in New York.

Passwordless authentication resolution supplier Privakey launched its Single Signal-On (SSO) resolution final week. Designed for enterprises, Privakey SSO responds to the demand for passwordless authentication as cybercriminals leverage social engineering to benefit from conventional password-based techniques.

“Privakey SSO is designed for velocity and ease in each implementation and consumer expertise,” firm CEO Charles Durkin defined. “Small and medium-sized companies can have Privakey SSO up and operating inside hours. Massive enterprises profit from a single, extremely safe passwordless gateway to licensed purposes and providers.”

The brand new providing leverages a powerful cryptographic authenticator to include biometric knowledge, PIN, and passkey for each authentication and authorization. Customers provide the biometric or PIN, and a device-based safe passkey gives an extra layer of safety by verifying the consumer’s identification as initially registered. Privakey SSO removes the inconvenience of passwords and out-of-band codes. Companies can deploy the expertise as a standalone, firm identification platform, or combine it to allow passwordless login to enterprise identification options from firms starting from Microsoft to Google to Okta.

“We’ve engineered our resolution to be quick, straightforward to make use of, scalable, and sturdy, prepared that can assist you remove passwords – the first goal of cybercriminals,” Durkin stated. He added that the answer was “supreme” for quite a lot of verticals together with monetary providers, ecommerce, and IT.

Privakey is presently inviting firms enthusiastic about its expertise to take part in its Privakey SSO Free Beta Take a look at. The beta testing interval runs from January 30, 2024 to Might 31, 2024.

Headquartered in Philadelphia Pennsylvania, and based in 2016, Privakey made its Finovate debut at FinovateFall 2017 in New York. On the convention, the corporate demoed its cloud-based, password-free various to identification authentication that’s constant, handy, and safe.

Picture by Aphiwat chuangchoem

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Tags: EnterprisesFinovatePrivakeySignOnSingleSolutionUnveils
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