ThreatMetrix and Nok Nok Labs Partner to Deliver FIDO-Compliant Authentication Solutions

SAN FRANCISCO, CA--(Marketwired - September 18, 2017) - ThreatMetrix®, The Digital Identity Company®, today announced a new partnership with Nok Nok Labs, the pioneer in modern authentication and founder of the FIDO Alliance. The partnership, announced at the opening of the Digital Identity Summit 2017, will deliver integrated strong authentication and risk-based authentication solutions to ensure maximum security and minimal user friction. This will tackle the complex authentication requirements facing digital businesses today, factoring in evolving consumer behaviors, a changing regulatory landscape and escalating cybercrime levels.

Organizations today are faced with the challenge of improving user experiences to maximize ROI across digital channels, while also reducing security risk and operational costs. By combining the intelligence of risk-based authentication with a standards-based strong authentication framework, organizations can greatly reduce the friction and cost of siloed, legacy authentication methods while significantly improving authentication integrity.

Named as the sole Leader in the 2017 Forrester Wave™ for risk-based authentication, ThreatMetrix enables accurate customer trust decisions for digital fraud and authentication transactions worldwide through a unique global shared intelligence network analyzing 24 billion annual transactions across 1.4 billion unique anonymized identities. These capabilities will be bolstered by cutting-edge authentication technology from Nok Nok Labs, and include the ability to use fingerprint, face, voice and iris biometrics, tokens, smartcards and wearables across multiple platforms, supporting all FIDO protocols.

As the leader in globally deployed FIDO implementations, Nok Nok Labs will help ThreatMetrix support their customers with best-in-class solutions. With Nok Nok Labs' modern authentication platform, FIDO compliance and interoperability among strong authentication devices is made possible, and adhering to rigorous technical specifications for open, scalable user authentication reduces the reliance on passwords.

"We live in a post-breach world, where usernames and passwords are defunct, and diverse authentication methods are paramount," said Alisdair Faulkner, Chief Products Officer at ThreatMetrix. "Businesses face competing needs of performing strong authentication, in a way that does not irritate customers or introduce friction. By integrating emerging, FIDO-compliant authentication technologies from Nok Nok Labs into the ThreatMetrix platform, we are able to offer customers the industry's most comprehensive approach to authenticating users securely and with minimal friction."