The Natural Security Alliance has announced that mobile security technology company certgate has joined its consortium in the fight for strong and convenient authentication standards. The Alliance was launched in 2013 and is comprised of a global network of companies dedicated to delivering mission-critical authentication and payment solutions based on secure elements, wireless technologies and biometrics.
certgate specializes in IT security on mobile devices. Among its portfolio is the sgCard – the worlds first first microSD card that the company describes as having “full functional scope of the tried and tested smart card.” Its latest technology, the cgToken, is a wireless keychain containing a secure element. The token is platform independent and, according to Natural Security, a perfect fit for the Alliance.
“It doesn’t matter if you are buying groceries or withdrawing money, as long as the service provider supports the Alliance standard and you have your cgToken with you, you will be able to confirm any transaction by simply using your fingerprint,” says Stefan Schmidt-Egermann, head of sales and marketing at certgate. “No need to take the token out of your pocket, no PIN required and much faster than regular authentication methods.”
Natural Security Alliance CEO Cedric Hozanne comments, “Security is one of the crucial concerns for our members. We are very pleased to welcome a key player in strong authentication, with a deep background in smartcards, SIMs and wireless technologies. There is a natural fit between certgate’s culture of achievement in security and our will to deliver highly secured implementation to the market.”
Biometrics are replacing PINs in payment at an accelerating rate. Recently Apple released its own mobile wallet that operates using fingerprint biometrics. With this increased period of consumer adoption and financial deployment, now seems to be an ideal time to align with an organization focused on next generation transaction security.