Authentify's 2CHK Provides Insight Into Transaction Activity
By Julie Schicktanz on September 20, 2011 1:18 PM
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This afternoon, Authentify demonstrated 2CHK, an application that:
Product Launched: September 2011"Establishes a separate, 2-way window into a user's bank account from their mobile device or desktop. 2CHK permits a user to double check account transactions and approve or cancel them using controls provided by the app.Developed to combat MITM/MITB/Zeus SpyEye malware variants, the heart of 2CHK is its encrypted second communication channel established only when the user completes an out-of-band authentication with the application's backend. Once established, the encrypted channel can be used to verify multiple transactions extending a financial institution's ability to apply interactive OOB transaction verification against virtually all transactions types."
HQ Location: Chicago, IL
Company Founded: October 2009
Metrics: Authentify is a privately held, 35 person firm with 200+ customers in financial services, e-commerce and corporate security.
Website: authentify.com
Presenting Peter Tapling (President & CEO) & John Zurawski (VP Sales & Marketing)
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