Security through
passwordless authentication

The fast pace of financial transactions and commercial activity means financial institutions need to give their clients and employees ways of moving funds and authorizing actions in a seamless and reliable way. When it comes to handling digital access, referred to in the industry as Identity Access Management, or IAM, a schism has always existed between two competing considerations: Ease of use and security. Nowhere is this conflict more pronounced than in the financial sector. Coupled, for the first time, with an understanding of customer intent FLOW ID reduces bottom line fraud costs while enabling true customer relationship transparency.

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Better Security

Threat actors continue to use passwords to infiltrate organizations

Hassle-free authentication

Passwords are a pain to use, reset, and manage

Increased Productivity

Eliminating password resets means increased employee productivity

Reduce Costs

Resetting passwords costs companies an average of $70 per employee

Improved User Experience

Passwords are out, smartphones and biometrics are in

Keep Pace

By 2022, 60% of large enterprises (90% midsize) will go passwordless

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What’s possible when you know
your customer?

Passwordless identity, using our Identity Matrix, delivers a fundamental change in security and ease of interaction between customers and their financial institution but, what’s possible when they can really know their customer? Using the transactional authentication capabilities of FLOW ID, credit card issuers can stop fraudulent card-not-present (CNP) transactions cold. Customers opt in to sharing their identity at the time of purchase enabling, for the first time, financial institutions to understand client intent in a transaction, both in-person or online.

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CNP fraud projected 2020 – 2023
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CNP fraud vs card @ POS
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eCommerce fraud as a percent of sales (virtually all CNP)

Get in touch

Ready to get started? Have a few questions? Give us a shout and let’s begin your journey towards a passwordless reality, today!
Address
FLOW ID
PO Box 219
Windsor, CT 06095
Call us
+1 (952) 826-9634
Email
info@flowid.me
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Latest News
Our Mission

To provide identity authentication with continuous biometric and behavioral monitoring and verification throughout the financial services sector.

Our Company

FLOW ID’s Identity Matrix is a, patent pending, probabilistic identity platform made up of a continuous measure of a user’s unique biometrics and behaviors that can’t be copied or stolen.

Our Mission

To provide identity authentication with continuous biometric and behavioral monitoring and verification throughout the financial services sector.

Our Company

FLOW ID’s Identity Matrix is a, patent pending, probabilistic identity platform made up of a continuous measure of a user’s unique biometrics and behaviors that can’t be copied or stolen.

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