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CyberloQ Technologies and IngenID Partner to Enhance Biometric Multi-Factor Authentication Security

By Burstable Editorial Team

TL;DR

CyberloQ's partnership with IngenID creates a biometric MFA advantage, offering stronger fraud prevention to secure digital banking and payments against emerging threats like deepfakes.

The partnership integrates IngenID's voice biometrics and deepfake detection with CyberloQ's location-based MFA, combining something you are, have, and know for multi-layered authentication.

This enhanced biometric authentication makes digital interactions safer and more convenient, protecting sensitive assets and reducing fraud risk to build trust in financial systems.

CyberloQ and IngenID combine voice biometrics with location-based MFA, creating a cutting-edge solution that detects audio deepfakes across 40+ languages for secure authentication.

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CyberloQ Technologies and IngenID Partner to Enhance Biometric Multi-Factor Authentication Security

CyberloQ Technologies, Inc. has announced a strategic partnership with IngenID to advance next-generation biometric multi-factor authentication solutions. This collaboration integrates IngenID's voice biometric technologies with CyberloQ's existing authentication platform, creating enhanced security measures designed to combat unauthorized access and fraudulent transactions.

The partnership combines CyberloQ's location-based authentication protocols with IngenID's voice biometrics and audio deepfake detection capabilities. This integration results in a multi-layered authentication experience that incorporates three distinct security elements: advanced voice biometrics with deepfake detection (something you are), registered devices and geofencing controls (something you have), and traditional one-time passcode challenges (something you know). This comprehensive approach aims to significantly reduce fraud risk while maintaining user convenience for digital banking, payments, and account access.

Chris Jackson, CEO of CyberloQ Technologies, stated that partnering with IngenID represents a major step forward in delivering vigilant identity defense. Jackson emphasized that IngenID's voice biometric expertise complements CyberloQ's multi-factor authentication technology, enabling the companies to offer clients more resilient solutions in an era of escalating cyber threats. The collaboration is expected to set new benchmarks for biometric-enhanced authentication that balances security with user-friendliness.

Peter Soufleris, CEO of IngenID, expressed enthusiasm for the collaboration with CyberloQ, noting the company's innovative approach to fraud prevention. Soufleris highlighted that IngenID's voice biometric solutions are trusted globally for their accuracy and resilience, and integrating with CyberloQ's platform will provide enterprise-grade biometric multi-factor authentication addressing modern authentication challenges. For more information about IngenID's technologies, visit https://www.ingenid.com.

The partnership is anticipated to accelerate deployment opportunities across CyberloQ's network of institutional clients in banking, fintech, and payment processing sectors. This collaboration also opens new avenues for IngenID's technology in high-security environments where robust authentication measures are essential. The enhanced solution supports multiple languages and operates effectively in real-world environments including mobile applications, interactive voice response systems, and call centers.

This development comes at a critical time when financial institutions face increasing threats from sophisticated cyber attacks, including deepfake technologies that can compromise traditional authentication methods. By combining location-based constraints with advanced voice biometrics and deepfake detection, the partnership addresses emerging security challenges while potentially reducing operational costs associated with fraud prevention and customer verification processes. For additional details about CyberloQ's security platform, visit https://www.cyberloq.com.

The enhanced biometric multi-factor authentication solution could have significant implications for the financial services industry, potentially setting new security standards for digital transactions and account access. As financial institutions increasingly migrate services to digital platforms, robust authentication measures become essential for maintaining customer trust and regulatory compliance. This partnership represents a proactive approach to addressing evolving security threats while potentially improving the customer experience through more seamless authentication processes.

Curated from NewMediaWire

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Burstable Editorial Team

Burstable Editorial Team

@burstable

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