How they describe themselves: Financial institutions today face multiple challenges in a changing environment – from millennial customers who expect a compelling mobile-first experience for all their services, to surging identity-theft fraud, and increasingly more complex know-your-customer (KYC) and privacy regulations. Trusted Key helps financial institutions address all of these challenges by providing a secure, easy-to-use, and flexible identity management platform. The Trusted Key Digital Identity Platform allows financial institutions to acquire new users directly from their mobile phones while still meeting KYC requirements. It also enables provisioning of a secure multi-factor password-less login solution to keep customers secure from hacking attacks. Finally, enhanced transaction and document signing capabilities allow users to protect themsevles from credit card and other types of online fraud.
How they describe their product/innovation: The Trusted Key Digital Identity Platform leverages modern mobile phones, strong cryptography and blockchain technology to provide a secure, easy-to-use, and flexible identity management solution. Trusted Key allows users to bring online their govt-issued identity documents (driver’s license, passport etc.) and turn them into secure cryptographic Credentials and Tokens. Users can use these Credentials and Tokens to securely establish their identity to any online service or app, securely authenticate themselves into any service without using passwords, and digitally sign documents and authorize transactions, all from the convenience of their mobile phones. Trusted Key provides SDKs that enable financial services customers to embed these capabilities into their own apps and deploy back-end services into their own environment.
Product distribution strategy: Direct to Business (B2B), through financial institutions, licensed
Bus. Dev., Press & Sales: Prakash Sundaresan, CEO, email@example.com