1Kosmos, an innovator in unifying identity proofing and passwordless authentication, today announces the launch of its distributed identity cloud service, BlockID, on NayaOne, a principal FinTech ecosystem platform serving financial service providers.
The decision to launch BlockID through NayaOne is spurred by the need to provide financial institutions with a user-friendly platform that offers secure, passwordless multi-factor authentication resistant to phishing attacks. This addition aims to leverage non-spoofable, live biometrics with verified identity to ensure a frictionless user experience.
1Kosmos, renowned for blending identity proofing with passwordless authentication, delivers unparalleled security to digital transactions. Their commitment to creating a seamless user interface for digital transactions has solidified their place in the financial services sector.
BlockID, their latest offering, delivers a hassle-free login experience by preventing identity theft, account takeovers, and fraud. The product ensures passwordless access, allowing customers, employees, and citizens to safely interact with digital services.
The BlockID cloud service can be easily trialled, deployed, and procured directly via the NayaOne Marketplace. Its integration with NayaOne offers a single point of access to the latest FinTech innovations, aiding financial institutions in staying competitive in the ever-evolving digital landscape.
1Kosmos Chief Marketing Officer Michael Cichon said, “1Kosmos enables organisations to combat stolen and synthetic identities and to easily migrate their workforce, partners and customers to identity-based, passwordless multi-factor authentication that prevents account compromise attacks and fraud.
“NayaOne’s reach and advanced features have enabled us to showcase BlockID’s capabilities for unifying identity proofing and passwordless to a wider audience in the banking sector and attract new customers.”
Oli Platt, Product and Marketplace Manager for NayaOne, commented, “We are pleased to welcome 1Kosmos to the NayaOne Marketplace, and its passwordless multifactor authentication platform which enables financial institutions to modernise authentication as part of their digital transformation initiatives. We look forward to supporting 1Kosmos in their growth and expansion, and to continue bringing value to our customers by offering innovative solutions like the BlockID service.”
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