Daon In The News

Will passwords soon go bye-bye? Reston-based company uses human factors to authenticate (ABC 7 News – WJLA)

Posted on January 5th, 2017

Passwords. We use them for practically everything we do — from purchasing a gift online, to taking out cash at a bank — and for most of us, we have so many different passwords that it’s difficult to remember them all. It’s time to do away with passwords, replacing them with biometric authentication as part More…

Better Security through Biometrics: The next generation of user authentication is PIN- and password-free. (ABA Banking Journal)

Posted on December 28th, 2016

The ABA Banking Journal published an article that focuses on biometrics in banking. The article begins: “As the guardians of customers’ most sensitive data, banks are trusted to provide the gold standard in data security. And for most banks, that means a multi-factor authentication process combining passwords with PINs or security questions. But is that More…

Daon Brings Security and Convenience to Mobile Authentication (Finovate Blog)

Posted on December 5th, 2016

Speaking at FinovateFall 2016 in September, Daon President of the Americas Conor White asked attendees about their own experience with cart abandonment online. “Last year, a Javelin report said that $9 billion was lost due to card fraud. That’s a problem,” White said. “But there was $118 billion in lost revenue because transactions were just More…

Cyber Monday 2016: Let’s make this the last holiday shopping season using passwords (FoxNews.com)

Posted on November 28th, 2016

If you’re like most Americans, you’ll be doing even more of your holiday shopping online this year. And if you’re a Millennial, chances are even greater you’ll be buying your Christmas and Chanukah presents on your mobile phone. In fact, forecasts show Cyber Monday will match or beat Black Friday this season. And consumer research More…

New mobile facial identification system unveiled in Korea (The Korea Herald)

Posted on November 23rd, 2016

Korea’s leading certificate authority KTNET has opened its center for mobile biometric authentication services, called BioCA, as of November 23rd. The new solution was jointly developed by the Korea Trade Network (KTNET), a subsidiary of the Korea International Trade Association in partnership with global biometrics company, Daon, and the Korea Smart Authentication Corp. A log-in More…

Financial Technology Innovations That Make Financial Gurus Salivate (The Huffington Post)

Posted on October 10th, 2016

An article was published in The Huffington Post titled “Financial Technology Innovations That Make Financial Gurus Salivate,” written by contributor Pradeep Aradhya (@pradeep_aradhya). The article focuses on what the author thought were the most interesting demos at FinovateFall 2016 and Daon’s demonstration of IdentityX® was reviewed. The Finovate series of events showcases the best innovations that impact More…

Uber’s facial recognition selfie software is just the beginning of in-car biometrics (NY Daily News)

Posted on September 27th, 2016

Daon’s Chief Executive Officer Tom Grissen was recently interviewed by Kyle Campbell at the New York Daily News, providing his thoughts and Daon’s experience in working with the automotive industry on bringing biometric authentication to automakers and ride-share companies. The article states that major automakers will begin to deploy biometrics to “identity-secure their vehicles” and More…

Mastercard Among Forbes’ World’s Most Innovative Companies, Biometrics A Key Ingredient

Posted on September 12th, 2016

Technology company Mastercard was recently named one of Forbes’ World’s Most Innovative Companies, coming it at #30 on the list and moving up 6 spots from their ranking last year. In a press release, Mastercard noted that it “anticipates more change in payments in the next five years versus the previous 50, and is fully More…