FinovateFall 2011 Video Archives

On September 20 and 21, FinovateFall 2011 returned to Manhattan with a two-day showcase of dozens of the biggest and most innovative new ideas in financial and banking technology from established leaders and hot young companies.

Handpicked from hundreds, the companies got a mere 7 minutes on stage to demo (no powerpoint allowed) their latest and greatest.

You can view the demo video for Authentify below.

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Authentify | www.authentify.com | www.authentify.com/observations
HQ Location: Chicago, IL
Company Founded: 1999
Product Being Demoed: Authentify 2CHK™
Product Launched: September 2011
Metrics: Authentify is a privately held, 35 person firm with 200+ customers in financial services, e-commerce and corporate security

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Presenter Profile
How they describe themselves: Authentify provides global online authentication services based on using an end user's telephone as an authentication tool. An automated phone call, when synchronized with an online event, enables the end user's telephone to become an effective proxy for a security credential. Authentify offers authentication schemas to suit many application requirements including user authentication and real time transaction approval or cancellation. Authentify offers a strong security process that is difficult to spoof. Voice channel and SMS options are available. The process thwarts today’s biggest threats to online commerce including keystroke loggers and other advanced persistent threats such as Zeus/Zbot, Carberp and others.

How they describe their product/innovation: Authentify 2CHK™ is a small app that establishes a separate, 2-way window into a user's bank account from their mobile device or desktop. 2CHK permits a user to double check account transactions and approve or cancel them using controls provided by the app. Developed to combat MITM/MITB/Zeus SpyEye malware variants, the heart of 2CHK is its encrypted second communication channel established only when the user completes an out-of-band authentication with the application's backend. Once established, the encrypted channel can be used to verify multiple transactions extending a financial institution's ability to apply interactive OOB transaction verification against virtually all transactions types.

Key Executives: Peter Tapling (President & CEO), Ravi Ganesan (Chief Scientist), Andy Rolfe (CTO), John Zurawski (VP Sales & Marketing)

Key Board Members: Charles Noel (Board Member, JMI Equities), Fred Gerson (Board Member, EVP, CFO, San Diego Padres), Steve Peace (Chairman, Board of Directors)

Key Partnerships: RSA Security Div. of EMC, Verisign Authentication Services, Symantec Info & Identity Protection Services, Entrust, FIS Global

Key Customers: Many of the most recognized, as well as hacked and attacked, brands on the Internet rely on Authentify for global authentication services including: Amazon, Bank of America, E-Bay, FIS Global, HSBC, LLoyd's Bank, Microsoft, PayPal, Wells Fargo, Yelp and others.

Contacts:
Bus. Dev.: John Zurawski, VP Authentify, john@authentify.com, 773-243-0328
Press: Rachael Means, Marketing Manager, rachael.means@authentify.com, 773-243-0343
Sales: Paul Witt, VP North American Sales Organization, paul.witt@authentify.com, 773-243-0361

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Organizers
Finovate events are organized by Online Financial Innovations which also publishes the well-known research publication
Online Banking Report and the popular blog NetBanker.
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