FinovateSpring 2014 / TextPower

Presenter Profile:

How they describe themselves: TextPower provides products and services that enable companies to protect data, websites, and VPNs by verifying, authenticating, and alerting their users via SMS-based technology. TextKey’s™ patent-pending technology is the world’s only omni-factor authentication™ service that works by users sending a text message FROM their cell phone for verification. Because the text is mobile originated, TextKey™ can verify up to seven distinct factors of authentication including the phone’s fingerprint (its unique device identifier), mobile number, PIN, destination to which the text message is sent, and a one-time unique key − all through the user sending a simple text message from any kind of cell phone.

How they describe their product/innovation: TextKey™ is the next-generation authentication system that turns common SMS-based authentication models upside down. TextKey™ users see a one-time key on a webpage and must text that key FROM their cell phone into the TextKey system. TextKey™ then verifies the mobile number that sent the key along with up to five other verification factors. When the correct key comes from the correct cell phone number and the other factors are verified access is granted. If the key is sent by a cell phone that is not registered to send it (i.e., a hacker) or any of the other five factors are not verified, authentication is refused and the hacker’s cell phone number captured. TextKey™ is simple to install, affordable for any size business, and has no learning curve for users (“Just text it”).

Product Distribution Strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms


Bus. Dev.: Scott Goldman, CEO & Co-Founder,, 818-222-8600 x88
Sales: Laura Burnes, National Sales Executive,, 818-222-8600 x96
Press: Dan Chmielewski, Madison Alexander PR,,

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