ACCORDING TO THE STATISTICS ALMOST 85% DIGITAL BANK USERS SUFFER FROM FRAUD TRANSACTIONS LIKE
The most common multi-factor authentication methods sorted by security level
Those approaches are not resistant to many types of attacks. They can be hijacked using technical tools, social engineering or phishing links sent to the user. Even OTP-token under big brand can be bypassed because of the nature of such a technological approach.
HOW PAYCONFIRM CAN HELP?
allows your clients to confirm any digitally generated transaction with just one tap. It is easy, secure, and can be done right from your mobile app. It doesn’t matter where the transaction was created — via the Internet, mobile device, or kiosk — it will be confirmed in your mobile app using the highest level of protection.
The secret of PayConfirm security is in the asymmetric cryptography in the core of the solution. There is a key pair split between a bank and a banking app. Every time users want to confirm transactions, they simply need to unlock the key using touch ID/Face ID or static passwords.
How it works
WHAT PAYCONFIRM CAN DO
Authorship and integrity controls
Extra 70 security params
Smart watch confirmation option
Log-in option with QR-code
One tap confirmation
Protected private key storage
Visual design customization option
Conflict resolving tool