Security News > 2021 > March > Transmit Security BindID: A password-free customer authentication service

Transmit Security announced the release of BindID, customer authentication service that is completely password-free.

"Is there anyone who hasn't had a frustrating experience with passwords? Whether it's trying to create and remember multiple passwords, answering security questions, continual resets or even being locked out of important accounts - passwords are impractical, burdensome and among the weakest links in security," said Mickey Boodaei, CEO and Co-Founder, Transmit Security.

"BindID marks the end of the password era. Users can authenticate through their mobile or any biometrics-enabled device without the need for an authentication app. BindID makes authentication simple, unified and much more secure."

An October 2020 FIDO Alliance study of 4,000 consumers in the U.S., U.K., Germany and France found that 60% of consumers abandoned purchases due to the difficulty of managing passwords or being forced to create a new account and password to make the purchase.

BindID solves these issues by providing a positive identity experience for the user, and trusted authentication for the enterprise at the user, device and network levels.

A seamless experience - Whether from the web, mobile devices or even a call center, BindID completes authentication in exactly the same way.

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