Keyless & Ping Identity: Transforming Privacy-Preserving Biometric Authentication
Ping Identity's acquisition of Keyless ushers in a new era of secure, frictionless biometric authentication. Discover how this merger will redefine digital t...
Key Takeaways
- Keyless' Zero-Knowledge BiometricsTM technology ensures user data remains private and secure.
- The acquisition will integrate Keyless' technology into the Ping Identity Platform, enhancing fraud prevention.
- The merger aligns with global privacy standards, such as GDPR and PSD3, ensuring compliance and trust.
- Keyless' sub-300ms performance benchmarks deliver instant, seamless authentication for various use cases.
Keyless and Ping Identity: A New Era of Privacy-Preserving Biometric Authentication
Ping Identity, a leader in securing digital identities for the world’s largest enterprises, has announced its definitive agreement to acquire Keyless, a London-based innovator in privacy-preserving biometric authentication. This strategic move is set to redefine the landscape of digital trust and privacy, offering a seamless, secure, and frictionless user experience.
Zero-Knowledge Biometrics: The Core of Keyless
At the heart of Keyless' technology is Zero-Knowledge BiometricsTM, a groundbreaking approach that ensures user data remains private and secure. Each authentication session verifies the user’s face and device against enrollment data without storing any biometric information, either on the device or in the cloud. This innovative method not only enhances security but also aligns with global privacy standards, such as GDPR, CCPA, and PSD3.
Seamless Integration into the Ping Identity Platform
Following the acquisition, Keyless' technology will be integrated into the Ping Identity Platform, further strengthening the company's offering in identity and access management. This integration will enable organizations to enhance fraud prevention and user assurance without adding friction to digital experiences. Keyless' technology is designed to:
- Protect against account takeover fraud: By ensuring fast, self-service experiences that are secure and private.
- Support passwordless MFA and SSO: Simplifying and securing access for employees with seamless single sign-on (SSO).
- Deliver instant biometric authentication: With sub-300ms performance benchmarks, ensuring a seamless experience for frontline and mobile workers.
- Enhance readiness for global standards: Aligning with regulatory requirements and best practices in data privacy and security.
The Impact on Digital Trust
In an era where trust is continuously tested, the combination of Ping Identity and Keyless aims to build greater confidence into every digital interaction. Andre Durand, CEO and Founder of Ping Identity, emphasized the importance of delivering digital experiences that are more secure, private, and effortless. Andrea Carmignani, CEO and Co-Founder of Keyless, added that this acquisition will embed trust throughout the identity journey, from verification to authentication to authorization.
Real-World Applications and Benefits
The integration of Keyless' technology into the Ping Identity Platform will have far-reaching implications across various industries. For example, in the financial sector, banks can leverage this technology to protect customers from account takeover fraud while enabling fast, self-service experiences. In the healthcare industry, it can support seamless and secure access for healthcare professionals, enhancing patient care and data privacy.
Key benefits include:
- Enhanced security**: By eliminating the storage of biometric data, reducing the risk of data breaches.
- Improved user experience**: Fast, frictionless authentication that is both secure and private.
- Compliance readiness**: Ensuring alignment with global privacy and compliance standards.
The Future of Digital Identity
As Europe continues to lead in privacy-centric authentication under frameworks such as eIDAS 2.0, other regions are adopting similar approaches through national digital identity and KYC programs. Ping Identity remains committed to exceeding these standards globally and empowering enterprises to align security, privacy, and user experience.
The Bottom Line
The acquisition of Keyless by Ping Identity marks a significant step forward in the evolution of digital identity and biometric authentication. By combining Keyless' privacy-preserving biometric technology with Ping Identity's robust platform, the merger sets a new standard for secure, seamless, and private digital interactions. This transformative collaboration is poised to reshape the future of digital trust and security, ensuring that organizations can deliver experiences that are both secure and user-friendly.
Frequently Asked Questions
What is Zero-Knowledge BiometricsTM?
Zero-Knowledge BiometricsTM is a technology developed by Keyless that verifies users' biometric data without storing it, ensuring privacy and security.
How does Keyless' technology enhance fraud prevention?
Keyless' technology helps prevent account takeover fraud by providing fast, secure, and private authentication, ensuring that only authorized users can access accounts.
What are the performance benchmarks of Keyless' biometric authentication?
Keyless' biometric authentication delivers sub-300ms performance benchmarks, ensuring instant and seamless user experiences.
How does this acquisition align with global privacy standards?
The acquisition aligns with global privacy standards such as GDPR, CCPA, and PSD3, ensuring that the integrated technology meets or exceeds regulatory requirements.
What industries can benefit from this technology?
Industries such as finance, healthcare, and government can benefit from Keyless' technology by enhancing security, user experience, and compliance with privacy standards.
