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May 25, 2015 8:23 AM ET

Internet Software and Services

Company Overview of Authentify, Inc.

Company Overview

Authentify, Inc. provides automated authentication services for online business enterprises. It offers user authentication, transaction confirmation, transaction authentication, voice biometric, and other authentication functions for banks, E-commerce sites on the Internet, payment providers, online auction sites, insurance companies, online trading sites, and credit unions. The company provides automated out-of-band authentication that enables organizations to perform real-time, multi-factor user authentication during an Internet session. It offers its services for identity and access management, financial services, E-commerce, and healthcare applications. Authentify, Inc. has strategic all...

8745 West Higgins Road

Suite 240

Chicago, IL 60631

United States

Founded in 1999

Phone:

773-243-0300

Fax:

773-243-0225

Key Executives for Authentify, Inc.

Chief Executive Officer and President
Founder
Age: 66
Managing Director
Chief Technology Officer
Vice President of Worldwide Sales
Compensation as of Fiscal Year 2014.

Authentify, Inc. Key Developments

E-Transfer Technologies Deploys Authentify, Inc.'s Authentify xFA Mobile, Multi-Factor Authentication Platform

Authentify, Inc. announced that E-Transfer Technologies has deployed user account authentication powered by the Authentify xFA mobile, multi-factor authentication platform. ETT will use the Authentify xFA service across its entire product line, but the first deployment is integrated with the company's foreign exchange products. ETT contacted Authentify while evaluating strong security solutions to protect sensitive customer data and accounts. Cybercriminals have begun targeting foreign exchange accounts as a way to quickly move money to countries and currencies that would be harder to track than a typical wire transfer. Add to that the emergence of bring one's own device (BYOD) environments, which brings even greater risk to the workplace. When employees use their own mobile smart devices to conduct work, the enterprise must deploy safeguards to protect sensitive information that will be stored or transmitted between parties. A solution like xFA, which offers biometric multi-factor authentication, secure messaging, and end-to-end encryption, is needed.

Authentify, Inc. Partners with LifeMed ID, Inc. to Offer Strong Mobile Patient Id Authentication in Healthcare

Authentify, Inc. announced a strategic partnership with LifeMed ID, Inc., combining mobile patient authentication with automated registration workflow for patient identity validation, accurate medical record matching, insurance verification and payment processing in healthcare. The combined "Better Together" solution conforms to NIST Electronic Authentication Guidelines for Level of Assurance three. The Authentify and LifeMed ID partnership provides a downloadable mobile application for a patient, serving as an identity token at registration to ensure accurate identity at all points of service. Once staff enrolls a patient, the patient will then download Authentify's voice recognition application to their personal mobile device. A unique QR code is generated instantly by the LifeMed ID solution each time a patient presents their mobile device, enabling the automated registration process to be complete within seconds. The LifeMed ID solution uses providers' point of service (POS) terminals and requires no other form of ID to automate the provider's registration workflow process. The Authentify and LifeMed ID "Bring Your Own Device" (BYOD) value proposition increases providers' registration efficiency with the benefits of eliminating the creation of duplicate records, preventing fraud and billing mistakes, increasing the privacy of patient information and not requiring change in the provider's PMS/EMR/ADT systems. LifeMed ID also provides a "no cost to qualifying providers" transaction model that eliminates installation and hardware fees and increases revenue.

Data Center Inc. Adds Authentication Services from Authentify

Authentify, Inc. announced that Data Center Inc. has agreed to supply its nationwide community bank clients with Authentify's phone-based authentication services for DCI's Inter@ct(TM) online banking features. The agreement paves the way for DCI to offer community banks additional account protection against keystroke malware and man-in-the middle attacks.

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