Your own fingerprints, face, or the sound of your voice have always been characteristics of your unique identity. Thanks to AUT (CORONIC Authentication Technology), these biometric characteristics can be used for banking – in a browser, app or PC client. The biometric criteria will only be processed indirectly. They do not leave the end client’s smartphone and can therefore be used for authentication and authorization processes in line with BaFin and PSD2. The knowledge and possession factors can be swapped for various biometric characteristics in the banking process. Logins and transfers can be made without PINs, TANs and – if you want – without a chip card.
Due to its highly innovative nature, the PROTECT security technology been granted the support of the WTSH (Body for Economic Development and Technology Transfer) by means of funds from the federal state of Schleswig-Holstein.
“Who am I?” That is the question! Philosophers could hardly answer it – but now there is an answer in the case of online payment transactions: legal regulations such as the Payment Service Directive 2 (PSD2) have set forth what biometric characteristics are and who can use them, in order to do online banking, for instance. One can be authenticated through facial recognition, voice recognition, a fingerprint, a proven piece of hardware or even with a password or PIN. Unfortunately, banks and financial service providers have their own ideas as to how these biometric characteristics should be applied to their online transactions. With the CORONIC ID App, everything is easier: traditional processes such as the use of PINs, TANs, passwords, cards and signatures can be integrated, as well as push messages or real biometric authentication characteristics. An ID app as universal proof of identity for all payment processes and logins – everywhere, anytime.