Asignio | Top 50 Fintech Solution Company - 2018
Asignio: Omnichannel Authentication with a Biometric Signature
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CIOREVIEW >> Fintech >> Asignio

Asignio has been recognized by CIOReview Magazine as the recipient of “Top 50 Fintech Solution Companies - 2018,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Kyle Rutherford, Founder & CEO.

Asignio
Omnichannel Authentication with a Biometric Signature

Asignio

Kyle Rutherford, Founder & CEO
The Equifax breach and other recent data breaches have demonstrated the need to strengthen user authentication and verification in order to protect Personal Identifiable Information (PII) and combat fraud. To address this problem, Asignio has created a web-based biometric authentication platform offered as an Identity-as-a-Service (IDaaS) solution. The platform offers the simplicity and universality of signature authentication across devices to sign in, access data, and validate transactions, without the threat of having permanent biometrics stolen or impersonated.

“We combine the best parts of Knowledge-Based Authentication (KBA) and biometric authentication, an easy-to-remember, changeable sign-in with all the strengths of a biometric. It works for any account, on any device, all with one signature,” says Kyle Rutherford, the CEO of Asignio.

The market at present requires authentication that is more secure, easier to use, and ubiquitous across devices and accounts. Asignio was designed to address these needs, with an emphasis on the user’s data privacy, and protection. The company’s goal is to eliminate the challenges related to forgotten passwords and easily compromised permanent biometrics through omnichannel authentication.

Asignio’s IDaaS is segregated into Identity Verification (IDV) and Authentication. The platform first verifies a user’s identity through a valid government-issued ID, and then digitally ties the user’s biometric signature with the verified ID for KYC compliance. The platform’s users can create their own signature with their initials or a set of unique symbols, and each device is registered with Asignio as a physical token of security. “For the user, it is as simple as click, sign, and go. To authenticate, the user clicks the ‘Asignio Sign-In’ button, draws his/her ‘Asignio signature’ on the touchscreen, and entry or approval is granted. The entire process takes less than six seconds on average,” says Rutherford.

Asignio’s user-friendly omnichannel authentication system with a handwriting-based biometric provides the reliability and changeability of a password and security unique to biometrics.

Asignio’s user-friendly omnichannel authentication system with handwriting-based biometric provides the reliability of a password and security unique to biometrics


The individual styles of users’ handwriting serve as a unique biometric identifier, which cannot be duplicated in any given situation. The proprietary algorithms in the platform further compare the shape characteristics, with speed, acceleration, and timing profiles to ensure unique authentication capabilities.

Asignio easily integrates and onboards clients with just a few lines of code, embedding seamlessly into the clients’ webpage of the mobile app. The authentication platform provides a consistent sign-in experience without the support of additional hardware. Asignio utilizes machine learning, which attunes to the individual user over time, making each signature difficult to steal or replicate.

In the near future, Asignio aims to further strengthen its offerings to better address clients’ security-related concerns. Asignio is also planning to introduce its live IDaaS platform in partnership with IDV providers such as Mitek, in the second quarter of 2018. This association will help the company to enhance its offerings by implementing new types of document recognition. Additionally, the Asignio team is working to capture the global market with its sophisticated solution and effectively eliminate the complexities involved in authentication. Asignio is about to create a new market paradigm for authentication technology by transferring the control over data to the end-users in all instances through its extensively secure technology. The Asignio team very well understands the need for better authentication among businesses and aspires to empower them with unique, private, and secure access for each user.

Asignio

News

Asignio Revolutionizes Authentication With Phishing-Proof, Passwordless Platform

Tuesday, September 12, 2023

EATTLE, WA: Asignio, the leading dual biometric authentication company, is thrilled to announce that its groundbreaking platform is now available to Okta customers. By harnessing the power of dual handwriting and facial biometrics, Asignio provides a phishing-proof and hacking-proof high-security login solution.

With Asignio, users create a "sign" that is a handwritten set of shapes and/or characters that they can enter on their touch-enabled device. As they enter their sign, facial recognition and handwriting analysis algorithms are used to ensure that the sign is real and authorized. This prevents replay attacks and deepfakes.

"Hackers and fraudsters exploit the people side of the authentication process, knowing that passwords are the weakest link," states Kyle Rutherford, CEO of Asignio. "The Asignio solution, with its unique handwriting and selfie dual biometrics, can't be phished or hacked. We are excited to offer Okta customers a powerful solution that stops hackers and fraudsters from exploiting customers and employees."

The Asignio platform is designed to address onboarding, account access, step-up, account recovery and a variety of other needs for company customers and employees. It is easily added to existing authentication processes through our integration with Okta as well as other top authentication solutions, and through standards-based APIs. Because it works on modern touch-enabled mobile devices, users are automatically ready to use it, and it avoids the costs associated with hardware security keys and systems.

Asignio has the added benefit that users leverage muscle memory to remember it, and, similar to physical, in-person signatures, the same "sign" can be used across multiple sites without the risks experienced by other authentication systems. This innovative approach not only enhances user convenience but also minimizes the risk of forgotten passwords or misplaced tokens or access cards, streamlining the authentication process.

Top 50 Fintech Solution Companies - 2018

Company
Asignio

Headquarters
Seattle, WA

Management
Kyle Rutherford, Founder & CEO

Description
Provides best-in-class biometric authentication through a web-based sign-in platform

Top 50 Fintech Solution Companies - 2018

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