Next generation authentication for the digital age
The cost of cybercrime is rocketing—to $500 billion in 2015 according to The Economist. This is why European Commission introduced the Revised Directive on Payment Services (PSD2) to implement strong two-factor authentication for...
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Información proyecto NK-52-2016
Duración del proyecto: 6 meses
Fecha Inicio: 2017-03-03
Fecha Fin: 2017-09-30
Líder del proyecto
SIA NOTAKEY
No se ha especificado una descripción o un objeto social para esta compañía.
TRL
4-5
Presupuesto del proyecto
71K€
Fecha límite de participación
Sin fecha límite de participación.
Descripción del proyecto
The cost of cybercrime is rocketing—to $500 billion in 2015 according to The Economist. This is why European Commission introduced the Revised Directive on Payment Services (PSD2) to implement strong two-factor authentication for payments before 2018.
There are already several MFA solutions on the market, however they are suboptimal - expensive to implement, slow to use and do not meet requirements for PSD2, eIDAS and modern EC-funded approaches to crypto libraries.
Notakey allows banks to implement a strong and scalable multi-factor authentication. The technology is made in a way that it can easily be implemented also in other industries, where there is need for protecting sensitive data.