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Snippet: Global information solutions company Equifax has licensed Transakt to provide improved protection of consumers accessing a wide range of online and mobile services.
Release Area: Atlanta, USA
Release Date: 21 February 2018

Atlanta, USA
21 February 2018

Transakt to provide improved protection of consumers accessing a wide range of online and mobile services

Entersekt, a leader in push-based authentication and mobile app security, today announced a technology partnership with global information solutions company Equifax Inc. (NYSE:EFX). Equifax has licensed Entersekt’s product Transakt to serve as an additional layer of security protecting the Equifax online and mobile services.

Transakt empowers consumers to play an active role in safeguarding their digital identities and accounts. Whenever access to a digital identity or account is required, an authentication request is pushed to their phone or tablet in real time. They approve or block access by simply tapping Accept or Reject. It’s a highly intuitive, one-touch user experience engineered for a mobile-first world.

Transakt’s ease of use belies its advanced set of security features. Covered by 56 patents in the United States and elsewhere, the digital-certificate–based technology uniquely identifies each registered mobile device; ensures its continued integrity as a factor of authentication; and opens a trusted channel between it and the digital service provider. It is over this trusted channel, impervious to attack, that users confirm their identities when accessing their accounts and initiating sensitive digital transactions.

“Entersekt’s market leading offering enables us to expand our trusted services to various new digital channels,” said Gaurav Khanna, senior vice president global product management and new product innovation at Equifax. “Adding Transakt to our platforms provides us with a secure way to identify, reach out to, and interact with our customers.”

Sherif Samy, Entersekt’s senior vice president North America, said of the new partnership: “We are excited to team up with Equifax in enhancing protection of its customers’ identities and personal data. This alliance plays into our long-standing strategy of partnering with leading global companies to assist them in launching products and services that represent the best in digital innovation, usability, and security.”

Entersekt’s pioneering fintech is deployed across the globe. Spanning multiple use cases in banking, payments, insurance, healthcare, and government, its technology inspires peace of mind in consumers and innovative thinking in digital product developers – all while helping enterprises remain firmly ahead of the security and compliance curve.

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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.