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AUTHADA

AUTHADA reads the electronic identity (eID) of the identity card via the NFC interface of the smartphone and allows the verification of the customer's identity within twenty seconds, based on sovereign master data.

Firms with agile, real-time, and often mobile offerings define the game. Tech firms help both established financial services players and disruptors compete. AUTHADA´s ID mobile app can ease mobile onboarding. AUTHADA is a spinoff from
the University of Applied Sciences in Darmstadt, Germany. Its mobile app allows the contactless
reading of information stored on Germany’s chip-based electronic ID (eID) cards, including
name, address, and date of birth. What makes the solution special? Authada ID uses near field
communication (NFC) to access the eID information with smartphones. Combined with the PIN that
typically comes with an eID, the solution allows not only transaction authorization, for example, but
also mobile customer onboarding in banking. Authada ID is not limited to the German eID card;
other electronic IDs with similar chip technology as well as debit and credit cards can use it. Protected digital identity - simply per smartphone and eID card - the German solution for whole Europe and worldwide.

Name CEO: Andreas Plies
Company founded in: 2011
Country: Germany
Website: www.authada.de
Twitter: @authada_gmbh
Category: Risk, Intelligence & Security

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