4 Ways to Safeguard Your Credit Union Members From Fraud
Credit unions, with their member-focused approach and community-oriented services, have become increasingly popular. However, they face unique challenges when it comes...
Anonybit Genie
Digital Onboarding
Store identity data that is collected during digital onboarding to preventing account takeover fraud later.
Binding
Link additional attributes to a stored biometric profile to enable MFA downstream.
Passwordless Authentication
Leverage the "who you are" factor to ensure someone is who they claim to be at the time of a transaction.
Account Recovery
Mitigate fraud risks and secure the weakest link in the identity chain with biometrics.
How Anonybit Works
Secure Data Storage
Safely store and manage biometrics and other sensitive data to support many enterprise use cases.
Deduplication & Blocklist Checks
Search for duplicates, synthetics and blocked identities in account opening and prevent fraud downstream.
Passwordless Login
Close the gaps in your IAM solution and extend your FIDO implementation so your enterprise is truly passwordless.
Banks & Credit Unions
Strengthen bank security by closing the circle of identity with our decentralized biometrics powered platform.
Fintechs
Ensure a stellar fintech journey without compromising on security.
Retail & Hospitality
Unleash powerful customer experiences online, in-store and in between with privacy and security in mind.
Healthcare
Preserve the highest levels of patient data security with privacy-enhancing biometric authentication.
Gaming
Introduce a new era of gaming where privacy and security meet performance.
Insurance
Revolutionize insurance with cutting-edge privacy and security solutions, delivering unmatched trust and data protection.
Gig Economy
Set your gigging site apart with an elevated experience that protects buyer and seller privacy.
Telecommunications
Prevent SIM swap fraud and enable quick account access with strong authentication built on a privacy-first foundation.
Enterprise
Reduce the risk of data breaches and ransomware attacks with a biometric authentication solution that covers you from the desktop to the help desk.
Government
Propel identity management processes and secure backend personal data repositories with our decentralized backend.
Ransomware attacks have risen by
13%
in the last five years
Business email compromise up
47%
in last several years
Phishing attacks cause over
67%
of accidental insider threats
Stolen credentials at the root of
83%
of data breaches
13%
in the last five years
47%
in last several years
67%
of accidental insider threats
83%
of data breaches
In an age of remote work, bring your own device and full-on digitization, the stakes for securing sensitive data and assets for workforce authentication have never been higher. Corporate enterprises have an imperative to fortify their defenses and Anonybit is the shield for login authentication. By implementing patent-pending privacy by design identity management technologies, Anonybit ensures that only the right people have access to your corporate networks and assets, safeguarding your security and your reputation against cyber adversaries, ransomware attacks and data breaches for stronger workforce authentication.
"After closely assessing the Anonybit solution with industry colleagues, I became convinced that Frances and her team have come up with a unique way to address a lot of the issues that CIOs and CISOs have, making it compelling to get off the fence and solve the problem once and for all."
Andy Walter Former CIO, Procter & Gamble
Blocklist Checks
Using the Anonybit decentralized biometric backend, search existing records to ensure that someone is not blocklisted and is trying to gain access to your network under another name.
Authentication
Invoke Anonybit to ensure someone is who they claim to be at any point in the user journey - login to the network, privileged access, setup, store and manage FIDO Passkeys, help desk interactions and more.
Account Recovery
Instead of passwords, security questions, OTPs that can be easily circumvented or authenticator apps and tokens that are cumbersome, use Anonybit selfie biometrics for quick and easy FIDO Passkey retrieval or account reset for login authentication.
Ingest biometrics from any source
1:N lookups
Decentralized biometric storage
Binding
Authentication
Account Recovery
Anonybit can ingest images from any source for enrollment. If there is no account registration process that already requires selfie capture, Anonybit can provide an intuitive interface that checks for liveness, deepfakes and injection attacks.
Today’s fraudsters know how to get around today’s identity verification protocols. The one thing they cannot hide is their face. The digital onboarding module runs a search against the existing biometric profiles to give you a clean, trusted biometric directory that you can rely on for all your identity management needs.
Biometrics are sharded and stored across a multi-party cloud environment such that no party has access or knowledge of the data held by another party at any time. Each component of the system is encrypted with its own cryptographic key, which is not accessible by any administrator, eliminating the even insider threats.
Connect credentials, tokens, FIDO PassKeys and more to a trusted biometric profile to create the foundation for strong, two factor biometrics downstream such as for login authentication.
Leveraging state of the art NIST tested algorithms with built-in liveness detection, Anonybit provides reliable, strong authentication regardless of device or channel – digital, physical, chat, call center.
Anonybit neutralizes this attack vector, while reducing authentication time by 70%, lowering fraud and improving the user experience, with the savings going straight to your bottom line.
Anonybit seamlessly integrates with identity orchestration platforms, such as Ping Identity, Okta, Active Directory, Forgerock, and more, enhancing the overall security posture of your organization by providing a unified approach to identity and access management and workforce authentication. Anonybit doesn’t just protect your data; it aligns with your existing infrastructure, enabling you to have the strongest login authentication protocols without encroaching on user privacy.
Looking for a different integration?
Talk to our solutions team today.
Leverages biometrics to eliminate the gaps exploited by fraudsters. Works across devices. Not susceptible to device takeover, unlike traditional solutions that fall back to PINs, and KBA.
Providing the same user experience regardless of channel and noo one-time passwords, emails or SMS that disrupt the user experience and are easily forgotten or stolen.
Enhances compliance posture with GDPR, CPRA, etc. and reduces concerns around storing and managing biometrics and other sensitive data for workforce authentication.
From login authentication, to implementing FIDO, remote access and VPN setup, help desk concerns and fortifying zero trust, Anonybit serves as your biometric system of record, enabling strong authentication from anywhere and at any time.
RESOURCES
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Get rid of central honeypots of data. Embrace biometrics across the user lifecycle.