Privakey, Inc.

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Overview

Privakey is a leader in secure customer engagement. We deliver exceptional digital experiences by eliminating friction that is common in sensitive authentication and authorization transactions. We enable consistent biometric identity confirmation at all customer touchpoints to improve user convenience and security in any business process.

Our patented technology powers world class customer experiences by eliminating friction in high risk digital transactions. Privakey transforms long and complex customer chores into simple and delightful customer experiences.

Financial transactions, account profile changes, payment authorizations, IOT device linking, and most sensitive digital workflows include disruptive authentication and authorization challenges. Abandoned transactions lead to lost customers, and the associated revenue. Forcing users to enter passwords, out of band codes, and answers to “security” questions is frustrating for users, and attractive to hackers. Privakey removes the high-friction authentication walls in digital transactions and customer workflows.

Our solution combines account access, user authentication, transaction review, edit, and authorization into one seamless experience, reducing lengthy multi-step workflows into one simple and actionable event. The results are shortened customer journeys, satisfied customers, and improved NPS scores.

Privakey is fully compliant with the EU’s PSD2 strong customer authentication (SCA) regulation. Our solution allows online retailers and financial institutions to seamlessly comply with the SCA requirements without distracting popups and out-of-band codes. We keep your customers on your site and within your brand.

Description

We are seeking European Partners to bring Privakey's unique user authorisation technology to the EU market, with a specific focus on the new Strong Customer Authentication requirements of PSD2. Privakey offers a best in class strong authentication solution that is flexible and easy to deploy.

Privakey is pleased to announce the launch of its PSD2 Strong Customer Authentication (SCA) solution. Privakey CX is designed to prevent shopping cart abandonment and declined transactions.Using Privakey to address SCA compliance needs allows financial institutions and merchants to use the opportunity to improve customer experiences.Privakey CX is a software utility that optimizes the customer experience when transactions require SCA enforcement. Purchase confirmation and account login are two of the most common transactions that now require multiple factors of user authentication. Privakey simplifies transaction flows and the user authentication process.

We offer a very generous revenue share to help us gain more presence in the EU.

Company Information

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1880 JFK Boulevard, Suite 1990, Philadelphia, PA USA 19103

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