Verity Technologies, a mobile services company in the domain of authentication and identity services, has announced the launch of its device ‘SLIM – A Biometric Authenticator’, which is expected to alter the business and social landscape as its cyber identity would make it possible to authenticate all transactions with just one SLIM.
SLIM’s technology makes it interoperable with legacy platforms and existing technologies. By offering personal mobile security and authentication solutions, it also addresses the security concerns of e-commerce, Web 2.0, Telco 2.0 and NFC mass-market adoption. The one-touch secure authentication enabled through embedded finger print reader, light touch concept, user being central to the technology and accommodation of ‘blue-sky’ solutions are the new parameters that set SLIM apart from other devices.
SLIM, which stands for Security, Lifestyle, Internet and Mobility, is designed for today’s mobile lifestyle and works with the user’s mobile and/ or PC. The product ensures secure point of sale transactions and its authentication helps to ease the way passport, driving licence and other identity cards are issued and managed. Likewise, the device could efficiently manage individuals’ online identity in Web 2.0, social networking environments and online shopping/ trading. On the mobility front, it helps in making secure payments over the mobile phone and locks down handsets to deter theft and safeguards sensitive data.
Anuradha Bansal, CEO, Verity Technologies, said, “This initiative of Verity has come at a time when the Indian ICT sector is witnessing far-reaching changes. Keeping pace with these changes, we have developed products that are uniquely positioned to harness the power of the mobile medium to deliver customer value around entertainment and financial services.”
Phil Steeples, director of technology, Verity Technologies, said, “The technology was initially developed to deter casual theft of mobile handsets but subsequently upgraded to be the de-facto device for mobile personal authentication. The device has the capability to accurately identify a person enacting a transaction yet it is totally impersonal, non-invasive and theft-proof itself. With SLIM technology it would be possible to authenticate all transactions with just one device.”
Further, he said, while SLIM could ease the way e-commerce is executed at the basic level and help in offline transactions, at the next level it not only offers business intelligence solutions to advertisers and marketers but also streamlines the customer care function. Moving away from business solutions, this device could serve as a cyber identity for the rural masses and at one stroke facilitate large scale implementation of social projects that have been languishing for want of genuine authentication.