Our Mission
Our mission is to create transformational technology that accelerates secure societal and financial inclusion.
Current Issues
Synthetic Identity Fraud
Fraudsters have access to fraudulent identification documents which allow them to pass siloed biometric systems. Annually, over $40 Billion lost to synthetic and stolen identity fraud and over $20 Billion lost to legitimate transactions failing legacy authentication
Security
Legacy identity authentication takes place in a “silo” with matched data required for authentication. Data points used are virtually always PII and data leakage at one institution can invalidate authentication at multiple institutions.
Financial Inclusion
Over 2 Billion people globally are undocumented & financially excluded, and 4 Billion people are financially under-served. This represents a potential $3.7 Trillion annual growth in global GDPR.
Our Vision
Secure & Trusted Identity for all People
Opportunity & Access
