Security News > 2020 > October > Ping Identity acquires ShoCard to provide users with more control over their privacy

With the adoption of this new technology, Ping Identity is paving the way for a new era in identity where individuals have more control over their personal information and how and when it is shared.

Through integration with the Ping Intelligent Identity Platform which secures over 2 billion accounts, ShoCard allows users to collect and store personal identity information on their phone and then unlock and share that information using facial or fingerprint biometrics.

In addition to both security and privacy benefits, this revolutionary new model of identity data-exchange will dramatically improve user experiences for both consumers and service providers by reducing the amount of time, money and effort that goes into identity verification, eliminating registration forms and allowing users to login with nothing more than a face or fingerprint biometric.

"Personal identity is the next wave of the identity security evolution, representing a boon for business and consumers alike. Under this model, businesses can avoid storing sensitive data and the risks that come along with it, while customers can avoid sharing unnecessary personal information with service providers, ultimately creating a more trusted online experience," said Andre Durand, CEO, Ping Identity.

"The success of any future-proof identity solution rests on its ability to remove friction, deliver a seamless user experience, strengthen security and privacy protocols, and offer ownership and control to the end user," said Armin Ebrahimi, founder of ShoCard and head of distributed identity at Ping Identity.

News URL

http://feedproxy.google.com/~r/HelpNetSecurity/~3/4qTvu0agx6g/