Firms with agile, real-time, and often mobile offerings define the game. Tech firms help both established financial services players and disruptors compete. AUTHADA´s ID mobile app can ease mobile onboarding. AUTHADA is a spinoff from the University of Applied Sciences in Darmstadt, Germany. Its mobile app allows the contactless reading of information stored on Germany’s chip-based electronic ID (eID) cards, including name, address, and date of birth. What makes the solution special? Authada ID uses near field communication (NFC) to access the eID information with smartphones. Combined with the PIN that typically comes with an eID, the solution allows not only transaction authorization, for example, but also mobile customer onboarding in banking. Authada ID is not limited to the German eID card; other electronic IDs with similar chip technology as well as debit and credit cards can use it. Protected digital identity - simply per smartphone and eID card - the German solution for whole Europe and worldwide.
Name CEO: Andreas Plies
Founded in: 2011 or later
Company Twitter: @authada_gmbh
Category: Risk, Intelligence & Security
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