Nok Nok Labs Delivers on Vision for Omnichannel Mobile Authentication

PALO ALTO, Calif. and LAS VEGAS, Oct. 26, 2015 /PRNewswire/ -- (Money20/20) – Nok Nok Labs, an innovator in modern authentication and a founding member of the FIDO Alliance, today announced the launch of its latest version of the Nok Nok™ S3 Authentication Suite, the first unified platform enabling organizations to use standards-based authentication that supports existing and emerging methods of biometric authentication. The Nok Nok S3 Authentication Suite is ideal for organizations deploying customer-facing applications that require Internet scale authentication supporting the latest mobile devices with biometric authentication. This updated version provides improved user/customer engagement, stronger security leveraging the FIDO Universal Authentication Framework (UAF), lower costs associated with authentication, and enhanced privacy.

With this announcement, Nok Nok Labs addresses the growing trend of mobile device manufacturers embedding biometrics and security modules, including native support in platforms that include iOS 9 and Android Marshmallow. The Nok Nok S3 Authentication Suite is a FIDO Certified™ solution enabling simple, strong and scalable authentication for organizations with Internet-scale mobile applications and web properties, while also providing "future-proofing" with forward compatibility to future authentication methods that support FIDO specifications.

"With the continued high-profile data breaches and the growing diversity of devices and users that relying parties need to support, the evidence continues to build that mobile authentication must evolve beyond today's password-centric framework," said Phillip Dunkelberger, President and CEO of Nok Nok Labs." As a founding member of the FIDO Alliance, we recognize the demand in the market for a unified solution that allows a more secure, yet simpler experience across heterogeneous devices, services and operating systems. With this latest release of our Nok Nok S3 Authentication Suite, we are delivering omnichannel authentication that enables organizations to better engage their customers and quickly leverage the latest biometric innovations."

Key features of this latest version of the Nok Nok S3 Authentication Suite include:

• Fingerprint-Enabled Strong Authentication - On leading devices, such as the Samsung Galaxy S6 or iOS Touch ID-enabled devices, users only have to touch their finger to authenticate to a FIDO UAF-enabled mobile application, or to approve a website request for out-of-band authentication. Users no longer need to create, remember and type passwords -- meaning that relying parties can now offer an improved user experience, reduce barriers to sales, lower deployments costs and deliver stronger security.
• Out-of-Band Authentication - Users can now leverage the FIDO capabilities they already have on their mobile device to authenticate logins and transactions initiated on a separate device, such as a desktop web browser. Users simply need to register their authentication credentials on their mobile device and then use those credentials when authenticating from any other machine.
• Reduction of "Friendly Fraud" - In order to counter unintended fraud on shared devices, the Nok Nok S3 Authentication Suite is the only authentication solution capable of ensuring that only fingerprints authorized by the primary user or the application can authenticate to an account. This capability introduces policies to address applications requiring higher levels of security.
• Broad Coverage with Multiple Authentication Modalities - The Nok Nok S3 Authentication Suite addresses both new and legacy devices, as well as a range of biometric authenticators including fingerprint sensors, iris recognition, voice biometrics, and face biometrics.

"ESG sees an emerging trend toward identity consumerization," said Jon Oltsik, senior principal analyst at Enterprise Strategy Group. "The market continues to demand authentication that is easier to use, cost effective and more secure - biometrics continues to be a front runner. The S3 Suite from Nok Nok Labs on top of FIDO can address these requirements and given today's threat landscape, this can help organizations mitigate risk."

The Nok Nok S3 Authentication Suite has already seen notable deployments from industry leaders, including NTT DOCOMO, PayPal and Alipay. Further pilots are in progress at major banks, mobile network operators, healthcare solution integrators, and major trading networks. The new version of the Nok Nok S3 Authentication Suite is planned for availability in late Q4 2015. For more information about the Nok Nok S3 Authentication Suite, please visit here.

Please visit Nok Nok Labs at Money2020 this week at Booth K55 to see a demo of the Nok Nok Labs solution.

About Nok Nok Labs
Nok Nok Labs provides organizations with the ability to bring strong, FIDO-based authentication infrastructure to their mobile and web applications.  The Nok Nok S3 Authentication Suite enables organizations to accelerate revenues, reduce fraud, and strengthen security. Nok Nok Labs is a founding member of the FIDO Alliance with customers and partners that include NTT DOCOMO, PayPal, Alipay, Samsung and Lenovo.  For more information, visit www.noknok.com.

Media Contact Nok Nok Labs:
Tom Rice
703-856-2218
[email protected]

SOURCE Nok Nok Labs

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