Daon, a global leader in biometric authentication technology, announced today that it is partnering with Experian, the world’s leading global information services company, to offer its IdentityX®authentication platform with CrossCore™, the company’s fraud and identity platform. IdentityX will be used to combat fraud and help protect consumers with less friction.
CrossCore supports a layered approach to managing risk, allowing partners to easily integrate with the platform to offer value-added services alongside existing Experian fraud and identity solutions. IdentityX will provide CrossCore users with access to multi-factor authentication using biometrics, the analysis of human characteristics that are uniquely you, such as your fingerprint, your voice, or your face, among others. With Daon’s IdentityX authentication platform, companies can add biometrics for application access and transaction scenarios where step-up authentication is required to prevent fraud. Biometric authentication reduces fraud, improves the customer experience and reduces the time needed to prove an identity.
“With CrossCore we wanted to give our clients the flexibility they need to balance customer protection with customer experience,” said Kathleen Peters, Global Vice President, Product Management, Fraud and Identity at Experian. “Partners are key to our plug and play capabilities – giving clients more choices to connect necessary solutions all in one place. Daon’s biometric authentication will help clients reduce fraud, while reducing customer friction.”
IdentityX has been proven successful with millions of enrolled users spanning the globe, enabling simple and convenient digital transactions with full confidence that their identity is protected. Daon customers choose IdentityX to enable a digital strategy that is inclusive of all their users by giving them the freedom of choice to authenticate with the factor or factors that best meet their situational needs. IdentityX customers have the freedom to integrate existing security systems into an overall security scheme and the opportunity to add new technologies as they become available, future-proofing them for the innovations of tomorrow.
“Experian has always believed that data has the potential to transform lives and create a better tomorrow,” said Daon CEO Tom Grissen. “That requires data to be understood and interpreted. It also requires a friction-free way to access that data. That’s why Daon is proud to partner with an innovator like Experian to help make its CrossCore platform even more powerful and accessible.”