This post is part of our live coverage of FinovateSpring 2013.
Bridging the gap between banking grade security and user experience is our next presenter, Encap.
“The Encap product is a software-based authentication solution that provides uncompromising speed, security, and simplicity to boost the adoption of financial services and applications. It allows any service provider to offer two- and three-factor authentication using the customer’s smart device.Integrating Encap’s client SDK with a native app creates a seamless, familiar login experience while maintaining banking-grade access security. The 1st (“know”) factor is the user-defined PIN, the 2nd (“have”) factor is the uniquely identifiable smart device and the 3rd factor (“are”) is the user’s typing behavior. By integrating with Encap’s server-side SDK, the service provider can use Encap’s solution as part of its existing identity management access control service and signature systems.”
Product Launched: December 2012
HQ Location: Oslo, Norway
Company Founded: June 1, 2008
Metrics: 8 employees
Presenting Thomas Bostrøm Jørgensen (CEO)