Only 12% of Americans have tried mobile payments, according to a recent report from the Federal Reserve. 66% abandon mobile commerce transactions due to friction at checkout. To rev up adoption of their own platforms, companies such as PayPal (EBAY), Google (GOOG), and Square are under “pressure to remove the controls - thereby improving ease of use. However, that could mean easier access for criminals as well.
Nearly 70% of mobile phone users disable screen locks and leave apps perpetually logged in. 57% have banking apps and 41% have some kind of shopping apps on their phones. They don’t realize the risk they may entail given the data stored on their mobile device.
Banks and mobile payment providers are scrambling for better defences. But when it comes to smartphones and tablets, users demand convenience over security.Learn More
Implicit Mobile Security
Zighra KineticID provides effortless, automatic, and instantaneous user recognition by adding an invisible security layer to mobile authentication. KineticID plugs into existing mobile apps and implicitly recognizes a user based on their habits and interaction patterns, by actively evaluating the user’s unique kinetic interaction signature with their mobile device, such as the way the user holds their phone By avoiding mandatory explicit mechanisms such as PINS, passwords, and other biometrics most of the time – KineticID brings the ultimate in user convenience without compromising security.
By making behavioral biometrics a part of the task that the user has to perform, KineticID securely removes the friction from mobile authentication. The user is not constrained by a specific swipe, gesture, pattern, or direction and does not require any extra hardware or explicit training. KineticID gets smarter with each user interaction.
Our intuitive mobile app plugin allows customers to implicitly authenticate transactions and securely avoid entering complicated passwords, PINs, and other biometrics on their mobile devices.
Our solution helps remove friction from the mobile authentication process, resulting in increased adoption rates and mobile transaction revenues.
Our simple mobile API instantly plugs into existing mobile applications, and does not displace your current security and fraud detection systems. Developers have the option of adding explicit authentication layers based on reliability scores generated by KineticID and the level of security required.
Want to learn more or take KineticID for a test drive?