A World With No Data Breaches: Is It Even Possible?
On July 6, Marriott, the multinational hotel franchise, announced a second staggering data breach since just the beginning of this year....
ANONYBIT FOR RETAIL & HOSPITALITY
Elevate retail and hospitality to new heights - online, in store and everything in between.
In the fast-paced world of retail and hospitality, safeguarding sensitive customer data is paramount. With cyber threats on the rise, retail and hospitality businesses need a robust solution that not only enhances the customer experience, but secures it, all while ensuring compliance with data privacy regulations. Enter Anonybit – your ultimate partner in fortifying security, enhancing customer trust and idealizing the customer experience through biometric payments. With Anonybit, you’re not just enhancing retail fraud prevention and safeguarding customer data; you’re building trust. Secure transactions lead to satisfied customers who are more likely to return, knowing their information is in safe hands.
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"Rank One is excited to be partnering with Anonybit on their privacy-by-design, data sharding architecture that decentralizes the storage of biometric PII and greatly reduces the potential for future data breaches like the one that impacted OPM several years ago. We look forward to working with Frances and her team to push this important initiative forward.”
Discover how Anonybit is used in Retail and Hospitality
Blocklist Checks
Using the Anonybit decentralized biometric backend, search existing records to ensure that someone is not already in the system under another name for retail fraud prevention.
Authentication
Invoke Anonybit to ensure someone is who they claim to be at any point in the user journey - biometric payments, self-checkout, BOPIS, employee time and attendance, driver verification upon deliveries, workforce authentication. The possibilities for retail fraud prevention and enhancing the customer experience are endless.
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 account resets.
The Anonybit Genie closes the Circle of Identity for Retail and Hospitality
Easy onboarding
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 to secure retail fraud prevention.
Prevent duplicates, synthetics and blocklisted users from enrolling
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.
Patent-pending backend based on multi-party computation
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.
Link any attribute to the decentralized biometric profile
Connect credentials, tokens, FIDO PassKeys and more to a trusted biometric profile to create the foundation for strong, two factor biometrics downstream.
Identity validation based on “something you are”
Leveraging state of the art NIST tested algorithms with built-in liveness detection, Anonybit provides reliable, strong authentication for biometric payments regardless of device or channel – online, in-store, chat, call center.
Streamlines account reset
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 works with your existing technology infrastructure
Whether you’re an online retailer or a large hospitality chain, Anonybit scales with your business. Our solution is designed to grow with you, adapting to the evolving needs of your enterprise. With our open platform and built in integrations, Anonybit not only enables biometric payments and enhances retail fraud prevention today, but also evolves to meet the challenges of tomorrow, ensuring your business is always ahead of the curve.
Looking for a different integration?
Talk to our solutions team today.
Why Retail and Hospitality firms love Anonybit
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End to end solution
Leverages biometrics for retail fraud prevention to eliminate the gaps exploited by fraudsters. Works across devices, including shared kiosks and in-store tablets for secure biometric payments. Not susceptible to device takeover, unlike traditional solutions that fall back to PINs, and knowledge questions.
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Streamlined UX
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.
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Privacy compliant
Enhances compliance posture with GDPR, CPRA, etc. and reduces concerns around storing and managing biometrics and other sensitive data.
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Multiple use cases
From seamless check in to checkout, to creating personalized rewards and loyalty offers, securing payments and online transactions and streamlining worker and contractor identification, Anonybit serves as your biometric system of record, enabling strong authentication from anywhere and at any time with biometric payments.
RESOURCES
Stay current on the latest in identity, biometrics, fraud prevention and privacy compliance.
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Are you ready to eliminate the risk of data breaches and account takeover fraud?
Get rid of central honeypots of data. Embrace biometrics across the user lifecycle.