Alipay Selects Nok Nok Labs to Power First FIDO Ready™ Authentication Ecosystem in China
Secure Consumer Payments Enabled for Alipay Customers with Easy-to-Use Fingerprint Sensors on Recently-Launched Samsung Galaxy S5
PALO ALTO, Calif., Sept. 17, 2014 /PRNewswire/ -- Nok Nok Labs, an innovator in modern authentication and founding member of the FIDO Alliance, today announced that Alipay will use the company's NNL™ S3 Authentication Suite to enable secure online payments via the Fingerprint Sensor (FPS) technology on the Samsung Galaxy S5.Alipay customers, who make purchases and transfers in Alipay's mobile application, Alipay Wallet, no longer need to enter a password - just apply their fingerprint to the FPS for a simple, secure mobile shopping experience leveraging emerging FIDO™ standards.
Alipay, the largest third-party online payment solution in China, provides a secure, trustworthy and convenient way for individuals and businesses to make and receive payments online and on mobile phones. Alipay offers payment and escrow services for transactions on Alibaba Group's marketplaces as well as to third parties in China.
Alipay has deployed the NNL™ Multifactor Authentication Server (MFAS), which provides a unified, flexible authentication infrastructure and communicates securely with the client present on the Galaxy S5. The Nok Nok solution was delivered in partnership with Lenovo Group Ltd., another founding member of the FIDO Alliance.
"Working with Alipay, a major player in the global online commerce, to provide an easy, secure experience for their customers is tremendous validation for the FIDO movement," said Phillip Dunkelberger, President & CEO, Nok Nok Labs, "As a global leader in delivering Internet-scale services to their customers, they needed a solution that can scale to meet future authentication requirements, while ensuring that consumers get a secure, yet easy-to-use solution today."
Nok Nok Labs' client and server software leverages the existing security capabilities on a user's device such as a built-in fingerprint sensor, camera or Trusted Platform Module (TPM) in order to provide user-friendly, strong authentication to any application. The S3 Suite enables the next generation of authentication for Internet-scale applications and services. While improving the user experience and unifying authentication silos, the S3 Suite reduces the cost and complexity of authentication infrastructure. With a flexible and extensible architecture, the S3 Suite provides risk-appropriate authentication capabilities for a wide range of applications.
About Nok Nok Labs
Nok Nok Labs, Inc., based in Palo Alto, CA, was founded to transform online authentication for modern computing. The company is backed by a team of security industry veterans from PGP, Netscape, Oracle, PayPal and Phoenix that have deep experience in building Internet scale security protocols and products. The company's solutions enable end-to-end trust across the web using authentication methods that are natural to end-users and provide strong proof of identity. For more information, visit www.noknok.com.
Media Contact Nok Nok Labs:
Merritt Group
703-390-1512
[email protected]
SOURCE Nok Nok Labs
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