Fortress Identity Teams with Visa

Biometric authentication specialist Fortress Identity has partnered with Visa this week. Under the agreement, Visa cardholders in Latin America and the Caribbean will have their transactions protected by means of Fortress Identity’s biometric technologies.

Fortress Identity will use voice prints, phone codes, as well as active and passive biometrics to authenticate users. “We want Visa cardholders to feel absolutely confident that their funds and personal data are safe whenever and wherever they use their Visa cards,” said Fortress Identity CEO Alessandro Chiarini.

“Multi-factor user authentication is critical in today’s interconnected commerce space, and verifying the identity of people attempting to access the network is key to reducing many types of fraud, including chargebacks,” said Eduardo Perez, SVP and Risk Officer for Visa Latin America and the Caribbean.

Fortress Identity will also collaborate with Visa technology partners including YellowPepper, a payment platform provider; NovoPayment, a banking as a service platform; and HST, an EMV vendor.

Founded in 2015, Fortress Identity leverages a suite of biometrics technologies to protect users in mobile iOS and Android applications, Microsoft Active Directory environments, and Citrix applications. The Miami, Florida-based company demoed its active and passive biometrics technology earlier this month at FinovateSpring. Fortress Identity has eight employees and has raised $3 million.

Finovate Alumni News

On Finovate.com

  • Infosys to Power GTB’s Digital Strategy in Myanmar.
  • UBX and Temenos to Deliver Inclusive Digital Banking to Philippines.
  • Fortress Identity Teams with Visa.

Around the web

  • Chain.de interviews Bitbond CEO Radoslav Albrecht.
  • Persistent Systems recognized as an Innovator in Avasant’s Internet of Things Services RadarView Report.
  • Daily Entrepreneur interviews NestReady’s CRO Marcos Carvalho.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

FinovateSpring Sneak Peek: Fortress Identity

A look at the companies demoing live at FinovateSpring on May 8 through 10, 2019 in San Francisco, California. Register today and save your spot.

Fortress Identity’s Multi-Factor Authentication enables you to wrap entry, access, assets, and transactions in flexible layers of active and passive biometric security.

Features

  • Specify whatever biometric factors you wish to deploy
  • Implement with minimal code
  • Give users a frictionless experience

Why it’s great
The Fortress Identity Multi-factor Authentication SDK provides facial, fingerprint, voice, and behavior biometric protection all in one package to quickly step up security as your needs evolve.

Presenter

Alessandro Chiarini, Founder and CEO
For 11 years, Chiarini has advised financial institutions in North and South America on securing themselves against cybercrime.
LinkedIn

Finovate Alumni News

On Finovate.com

  • Feedzai and North American Bancard Partner to Fight Fraud.
  • FinovateSpring’s Friday Finale Tackles Fintech’s Toughest Topics.

Around the web

  • Aite Group’s 2019 report on fraud and AML machine learning platform vendors recognizes Featurespace as Best-in-Class.
  • Salt Edge releases 60+ PSD2 API sandboxes.
  • ACI Worldwide to help Indonesia interbank network ALTO to expand its payment capabilities.
  • Jack Henry & Associates unveils its digital account opening solution, JHA OpenAnywhere.
  • Worldpay to release FraudSight machine learning-powered fraud solution.
  • PAUL UK selects Yoyo to introduce a combined mobile payments and personalized loyalty app to its customers.
  • Mint rolls out a new app experience for Android users

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.