Snippet: Necessity is the mother of invention. For a fresh-faced bunch of geeks taking on established heavyweights, Entersekt has been very careful to lodge patent applications to protect its intellectual property. Our approach to digital user and transaction authentication is, after all, unlike any other on the market.

Necessity is the mother of invention. For a fresh-faced bunch of geeks taking on established heavyweights, Entersekt has been very careful to lodge patent applications to protect its intellectual property. Our approach to digital user and transaction authentication is, after all, unlike any other on the market. 

To date, our engineers have lodged over 50 patent applications. Sixteen patents have been granted so far in countries on almost every continent. These patents and patents pending range widely from aspects relating to push USSD, public key pinning, virtual smartcards, random number generation, secure mobile browsing, batched transaction authorization, user enrollment processes, and fallback systems using specially enhanced legacy authentication processes. Below, let me introduce two of our most important patents, as awarded to us by the United States Patent and Trademark Office (USPTO).

US 8,862,097: Secure Transaction Authentication

Entersekt’s leading product, Transakt, is available as an SDK or stand-alone security app. It creates an isolated communication channel between digital service providers and any mobile device on which it is installed. In this way, it avoids reliance on the open Internet for user and transaction verification.

This second-factor, out-of-band channel counters all phishing, man-in-the-middle/browser, keystroke logging, call forwarding, and number porting attacks. And it does so while freeing consumers of the hassle of one-time passwords and other clumsy relics of digital identity verification. All they have to do to accept or reject an Internet- or mobile-initiated transaction is tap a button on receiving an authentication prompt on their phone or tablet.

This capability lies at the heart of our approach to authenticating consumers conveniently and with the utmost reliability, and it is this that patent 8 862 097 covers.

US 8,707,029: Mobile Handset Identification and Communication Authentication

Everything Entersekt does circles back to the mobile phone or tablet ingeniously retooled to serve as a personal authentication device. Mobile security is a tough field, but with the huge strides in cellular technology we have all witnessed and the enduring power of public-key cryptography, we now have the tools in hand to dramatically boost digital online and mobile banking and payments while meeting consumer demand for time-saving convenience.

This patent covers our emCert technology. The emCert (Entersekt mobile certificate) generates public/private key pairs that uniquely identify every enrolled mobile device and encrypt and decrypt communications between the mobile device and the service provider’s servers. Communications from the service provider are similarly validated on the device, so end users can be confident of their origin. In addition, this technology is used to digitally sign user’s authentication responses, supporting nonrepudiation. The system associated with the patent includes a certificate authority.

These patents protect Entersekt’s unique set of highly specialized technologies and serve to secure our customers from exposure to possible infringement claims from other security vendors. Further, they provide an objective appraisal of where Entersekt stands as an innovator in a crowded market. We hope to announce further patent awards in the near future.

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Mark van Dalsen

MARKETING COMMUNICATIONS MANAGER

Mark has been marketing fintech since the last century and remains smitten with the business and the art of building brands.

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Entersekt is an innovator of customer-centric fintech solutions. Financial services providers and other enterprises rely on our patented mobile identity system to provide both security and the best in convenient new digital experiences to their customers, irrespective of the service channel. With us, they can concentrate on their innovation roadmap, while delivering intuitive, low-friction digital experiences to their customers.