The Authoriti Network, an innovative provider of transaction security solutions, announced that the company is among an elite ensemble of startups select to demonstrate at Finovate Fall Digital. The online virtual event will be held September 14-18, 2020.
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The Authoriti demo of the Permission Code technology, presented by Authoriti Founder Lou Steinberg and team, is scheduled for Wednesday September 16th at 1pm ET. It will feature live transactions that showcase how technology improves both security and customer experience.
Authoriti has also assembled a virtual exhibit for Finovate. The online booth will be available to attendees starting on Monday September 14th. It will feature a “25 Questions” video with Authoriti CEO Mark Clancy, along with Authoriti videos, white papers, case studies and other online resources.
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How the Permission Code Platform Works
Authoriti flips the model on centralized authentication platforms that use “dumb PIN” technology by empowering users to originate “smart PINs.” The patent-pending Authoriti Permission Code platform eliminates fraud by allowing users to easily embed both their identity and transaction details in a digitally signed, tamper-proof smart PIN.
By securing the transaction, Permission Code smart PINs can be distributed through any channel without risk of misuse. Even if a PIN is somehow intercepted, it can only authorize the specific transaction that the user originally requested. It is a true transaction-signing solution, delivering an optimized combination of security, usability and cost of ownership.
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