Natural Security Selected as One of Five Finalists for the "Florin" Awards
London, United Kingdom, April 06, 2012 --(PR.com)-- Natural security, a leading provider of reliable and convenient authentication technology, and member of the Biometrics Alliance Initiative, is pleased to announce that it has reached the final stages of the "Florin" Transaction Services Innovation Awards 2012.
Natural security has been selected as one of five finalists by the EPCA (European Payments Consulting Association) and will compete for the prestigious "Florin" Awards on the grounds of innovations in the transaction services industry and broad industry appeal. As a nominee, natural security will be eligible for three "Florins": "Winner Jury Vote," "Winner Community Vote" and "Best Product Pitch."
Cédric Hozanne, CEO of natural security comments, “This nomination really means a lot to natural security and is a great reward for the investment we’ve made in producing a world leading service. Innovation has been at our core since the business was formed and is at the heart of our technical development. Specifically we believe our products genuinely solve a worldwide dilemma and offer a universally reliable solution to access control and user authentication. As both industry experts and the community are involved in the process to determine the winners it would certainly be a great accolade to win.”
In March this year, natural security presented the global payments world a preview of the first payment and ID application from its unique authentication solution. The solution is based on a secure element and biometric recognition, combining privacy with user-friendliness.
The use of biometrics enables authentication based on two key components: identification that is unique to the individual, and a smartcard, SD card, or alternative, that is always in the user’s possession at the time of a transaction. The mid-range contactless enabled device means the simple act of placing a finger on a reader is all that’s required for the authentication process. This negates the need to memorise a PIN and makes it both simpler and faster to conduct transactions. Because natural security relies on contactless technology it spares users the need to physically handle the device, bringing to the market a unique combination of convenience, security and privacy."
The award winners will be announced at the Florin Award ceremony at the end of the 1st day at the EPCA Summit, April 19th 2012.
For more information and to vote now visit: http://www.thepaypers.com/florin
About natural security
Natural security is a pioneering provider of powerful authentication technology and founding member of the Biometrics Alliance Initiative.
Natural security has developed the user authentication of the future by combining a contactless personal device and biometrics.
The personal device, based on a secure element, stores applications and data used to authenticate the user, resolving problems related to privacy.
Midrange contactless technology provides a unique and convenient experience for users.
The solution, defined and certified by natural security, is universal and targets face-to-face or online payment transactions and access to services.
The natural security standard eases the adoption of strong authentication and use of the same authentication process in different contexts (at home, work, Internet or in-store).
Natural security’s technology enables both payment and non-payment transactions to be reliably authenticated and controlled. Natural security aspires to be synonymous with speed and security for service providers, banks and shops while at the same time guaranteeing both the protection and privacy of personal data for end users.
Founded in 2008, natural security is headquartered in France, Eura Technologies, Lille, a hub for technical innovation. Natural security supplies to key global sectors, including: payments, banking and retail.
Natural security's stakeholders include banks (Banque Accord, BNP Paribas, Crédit Agricole, Crédit Mutuel Arkéa), retailers (Auchan, Leroy Merlin) and manufacturers (Ingenico).
Natural security has been selected as one of five finalists by the EPCA (European Payments Consulting Association) and will compete for the prestigious "Florin" Awards on the grounds of innovations in the transaction services industry and broad industry appeal. As a nominee, natural security will be eligible for three "Florins": "Winner Jury Vote," "Winner Community Vote" and "Best Product Pitch."
Cédric Hozanne, CEO of natural security comments, “This nomination really means a lot to natural security and is a great reward for the investment we’ve made in producing a world leading service. Innovation has been at our core since the business was formed and is at the heart of our technical development. Specifically we believe our products genuinely solve a worldwide dilemma and offer a universally reliable solution to access control and user authentication. As both industry experts and the community are involved in the process to determine the winners it would certainly be a great accolade to win.”
In March this year, natural security presented the global payments world a preview of the first payment and ID application from its unique authentication solution. The solution is based on a secure element and biometric recognition, combining privacy with user-friendliness.
The use of biometrics enables authentication based on two key components: identification that is unique to the individual, and a smartcard, SD card, or alternative, that is always in the user’s possession at the time of a transaction. The mid-range contactless enabled device means the simple act of placing a finger on a reader is all that’s required for the authentication process. This negates the need to memorise a PIN and makes it both simpler and faster to conduct transactions. Because natural security relies on contactless technology it spares users the need to physically handle the device, bringing to the market a unique combination of convenience, security and privacy."
The award winners will be announced at the Florin Award ceremony at the end of the 1st day at the EPCA Summit, April 19th 2012.
For more information and to vote now visit: http://www.thepaypers.com/florin
About natural security
Natural security is a pioneering provider of powerful authentication technology and founding member of the Biometrics Alliance Initiative.
Natural security has developed the user authentication of the future by combining a contactless personal device and biometrics.
The personal device, based on a secure element, stores applications and data used to authenticate the user, resolving problems related to privacy.
Midrange contactless technology provides a unique and convenient experience for users.
The solution, defined and certified by natural security, is universal and targets face-to-face or online payment transactions and access to services.
The natural security standard eases the adoption of strong authentication and use of the same authentication process in different contexts (at home, work, Internet or in-store).
Natural security’s technology enables both payment and non-payment transactions to be reliably authenticated and controlled. Natural security aspires to be synonymous with speed and security for service providers, banks and shops while at the same time guaranteeing both the protection and privacy of personal data for end users.
Founded in 2008, natural security is headquartered in France, Eura Technologies, Lille, a hub for technical innovation. Natural security supplies to key global sectors, including: payments, banking and retail.
Natural security's stakeholders include banks (Banque Accord, BNP Paribas, Crédit Agricole, Crédit Mutuel Arkéa), retailers (Auchan, Leroy Merlin) and manufacturers (Ingenico).
Contact
Kimberley Waldron
+44(0)161 817 8708
+44(0)161 817 8708
Contact
Categories