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March 27, 2015 2:02 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





Key Executives for Authentify, Inc.

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

Authentify, Inc. Key Developments

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.

Authentify Inc. Announces Expanded Biometric Support for Samsung Galaxy S5 Fingerprint Reader

Authentify Inc. disclosed its expanded biometric support by announcing its support for the Samsung Galaxy S5 fingerprint reader. Having deployed speech recognition applications since 2001 and voice biometrics since 2004, the fingerprint reader on the S5 is the first fingerprint device to be supported by Authentify. Mobility has added a level of difficulty with regard to knowing user or customer, offered Rolfe. An end-user and a device can be almost anywhere. Ensuring the device is still in the hands of the same user is critical, and biometrics are the most reliable way to do so. The company able to handle a wide range of use cases and end-users employing multiple biometrics. The FIDO model has done a great deal to spur thinking around the use of multiple biometrics for some users Relative to the widely reported successful hacks of both the S5 and Apple iPhone fingerprint sensors, Rolfe was optimistic: Successfully hacking a fingerprint reader with a gelatin model requires access to both the phone and the end-user. Most crimes committed online are remote, and the cybercriminals don't have access to the end-user. It's a very labor intensive hack. Plus, both Apple and Samsung are working on improved liveness detection to thwart spoofing via gelatin models. The Samsung Galaxy S5 fingerprint reader will be supported in release 3.5 of the Authentify xFA platform.

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