Iovation wins the 2019 Identity innovation Award. The price for the best new concept or product was awarded during the IDnext19 conference in The Hague. Iovation safeguards tens of millions of digital transactions a day, with the world’s largest and most precise database of device reputation insights and cryptographically secure multifactor authentication methods.
The opinion of the award committee: The proposed solution of device authentication is a simple and straightforward one that has two major advantages: it takes the authentication burden off individual users which will be especially helpful for the growing number of digitally and socially vulnerable people; it also seems resilient to future developments, especially those of the IoT which already has massive security and privacy issues.
“Iovation, a TransUnion company, is honoured to accept this award in support of our mission to make the Internet safer for commerce. We are proud of how we deliver on this mission without requiring the collection of directly identifying personal data through our unique combination of data minimisation, device intelligence, advanced authentication and our extensive network of external fraud fighters.” - John Marsden, Head of Fraud Prevention and Authentication for EMEA at iovation, a TransUnion Company
Schluss and ID4ME were the other nominees for the identity innovation award 2019. Schluss realizes a personal independent digital vault that replaces the majority of personal data storage at organizations, companies and others. This storage is bound by rules that are enforced digitally. This gives the user the assurance that data is not being misused and the organization the certainty that they have access to data to perform their task. ID4me is a Single Sign-On standard that allows users to get access to multiple sites with a single credential, and enables online providers remove friction from onboarding new customers
Good digital identity solutions are essential enablers of digital trust. We need solutions that are easy-to-use, privacy friendly, cost efficient and secure. This requires technological and business innovations in the world of digital identity. With this award IDnext recognize and support new innovations that shape the future of digital identities.
The award committee members consists of Mieke van Heeswijk, Leo van Koppen, Liesbet van Zoonen, Baradwaj Pulgundla, Michael Jones and Phoebe Tickell.
The award is part of the IDnext event organized by IDnext and SIDN. This is a unique and once only opportunity event” and is Europe’s leading independent, interdisciplinary, unbiased and European focused conference that took place on 25-26 September 2019.
Worldwide experts, innovators and key players in the world of Digital Identity will address the most relevant issues in the fields of security, mobility, privacy and much more – informing a highly qualified audience on the evolution of the digital identity upon which future developments will be built.