16 Mar

4 Min read

Nok Nok Unveils Latest S3 Suite

March 16, 2022 Nok Nok News 0 comments

Nok Nok unveils the latest version of the S3 Authentication Suite – Version 8.0.1.

With this latest release, companies and organizations can now more easily operationalize modern identity and passwordless authentication in their system-level workflows, business processes and customer payment transactions. The enhancements to the Nok Nok S3 Authentication Suite are also designed to streamline large-scale operations in modern cloud environments and securely integrate with existing cryptographic infrastructure.

Key features and business benefits in this release include:

Enhanced Risk-Based Authentication: The S3 Suite now simplifies Registration and Authentication rules into a single ruleset. This allows customers to have full control over registration and authentication workflows based on predetermined business risk criteria to create very low friction customer journey experiences.
Federation Integration: The S3 Suite now supports OpenID Connect as an integration mechanism allowing S3 to serve as an “authentication provider” that works with industry-leading identity providers (e.g., ForgeRock, Azure B2C) which allows Nok Nok customers to quickly integrate into existing identity and authentication systems.
Enhanced Transaction Confirmation Support: The S3 Suite will support payment transaction confirmation in Web Applications. Customers supporting PSD2-SCA workflows will be able to implement dynamic linking on both Mobile native and Web applications so that a fraudulent merchant or man-in-the-network can’t change the details of a FIDO-authenticated transaction to hijack and steal transaction revenue.
Integration With Existing Enterprise Cryptographic Infrastructure: Customers will be able to store sensitive digital system keys of our S3 server into standalone HSM (hardware security modules) or cloud-HSM hardware infrastructure to provide the ultimate business safeguards for storing and managing digital keys that control access to business servers and databases.
Pluggable Authentication for Backend Database Access: The S3 Suite servers will offer a pluggable connection framework that supports multiple architectural approaches to help our customers eliminate vulnerable database connections based on username and passwords from all of their existing system-level workflows and applications.
Support an External Backend “Secrets” Store: The S3 Server will support the ability to send push notifications and email-OTP messages through typically insecure, external gateways. To be secure, connecting and opening sessions to those external systems requires strong authentication. With the new “external backend secrets store”, S3 offers the highest security in connecting with the systems of external MFA vendors.

“Through continued innovations that stay ahead of changing threat environments, Nok Nok continues to raise the bar above the modern authentication standards we helped to create. These new capabilities will offer greater integration flexibility for our customers that will enable them to integrate our S3 Suite with the use of their own APIs for handling encryption operations and also the use of external, hardware-based key vaults for storing sensitive information,” said Dr . Rolf Lindemann, Vice President of Products at Nok Nok.

Nok Nok’s S3 Authentication Suite was the first commercially deployed, highly scalable authentication suite built from the ground up leveraging the industry’s FIDO authentication protocols. With its modular architecture and container support, the Nok Nok S3 Suite has proven to run at internet scale, supporting mission-critical identity and modern authentication for tens of millions of users while protecting over 1B daily authentications around the globe.

About Nok Nok

Nok Nok is a pioneer in the FIDO standards and the trusted leader in next-generation identity and passwordless authentication solutions. The Nok Nok™ S3 Suite empowers companies to transform their customer experiences, transactions, business processes, and workflows by leveraging modern identity and passwordless authentication. The Nok Nok™ S3 Suite offers the most scalable and feature-rich passwordless solution that integrates into existing system-level workflows and legacy security infrastructure. Companies that implement the Nok Nok next-gen passwordless platform experience authentication success rates above 99%, onboarding conversion improvements of more than 10%, a 90% reduction in account recovery requests, and significantly reduced OpEx. Headquartered in Silicon Valley, California, the company has delivered unique inventions and innovations that are protected by a robust global patent portfolio. As a founder of the FIDO Alliance and an inventor of FIDO specifications, Nok Nok is the expert in deploying standards-based authentication, and its industry-leading customers and partners include Verizon, T-Mobile, Intuit, Cigna, Softbank, MUFG, NTT Docomo, Fujitsu Limited, Hitachi, Ericsson, MTRIX GmbH, NTT DATA, and OneSpan. For more information, visit www.noknok.com.

View the Official Press Release

09 Nov

0 Min read

The Future of Authentication with Dr. Rolf Lindemann

November 9, 2021 Nok Nok News 0 comments

02 Nov

1 Min read

Nok Nok’s founder named Authentication Visionary

November 2, 2021 Nok Nok News 0 comments

Nok Nok’s founder named Authentication Visionary. Nok Nok’s founder and CEO, Phil Dunkelberger has been named a visionary by Goode Intelligence for his work in authentication, encryption, and security. Enjoy this interview with Alan Goode the CEO and Chief Analyst at Goode Intelligence.

21 Oct

1 Min read

Meet Nok Nok at Money 20/20 Las Vegas

October 21, 2021 Nok Nok News 0 comments

Nok Nok is at Money 20/20 in Las Vegas from October 24 through October 27, 2021. If you are attending Money 20/20 in Las Vegas, this is your opportunity to experience a demo of just how easy a completely passwordless experience can be across any application, and on any device at the Nok Nok booth (#2428). You will also learn how the Nok Nok S3 Authentication Platform can vastly improve your customer onboarding, sign-in, and payment transaction success rates all while dramatically reducing your threat surface.

Over a decade ago, Nok Nok was one of the inventors of the FIDO Standards LINK, that are now being deployed in virtually every operating system in every type of consumer endpoint device today – including bank cards and credit cards LINK.

Nok Nok customers have accelerated success in their digital transformation initiatives with passwordless implementations worldwide and scaling well into the hundreds of millions of users. Click HERE if you would like to learn more or schedule a meeting when you visit Nok Nok at Money 20/20 in Las Vegas.

25 Aug

4 Min read

Next Level Metal Credit Cards

August 25, 2021 Nok Nok News 0 comments

Nok Nok & CompoSecure Partner to Take Metal Credit Cards to a New Level

By David Strom

I got my first metallic credit card from Apple a few years ago. I thought it was more a curiosity than anything else. Soon after, my wife got a metallic card from Chase. American Express and Discover have both been making metal cards for years as well. Now, thanks to a partnership between NokNok and CompoSecure, you will see new types of cards that have something besides their outer skin to offer consumers: the ability to include authentication tokens and cold cryptocurrency wallets. (More on that in a moment.)

These first metal cards are either loved or loathed, depending on your point of view. A brief and very unscientific survey among my Facebook friends brought up strong emotions pro and con: because the cards are thicker than plastic ones, they can be more difficult to remove from your wallet, but they also can be more durable. Some of my friends imagined scenarios where the sharp metal edges could be used in various Ninja moves, but these were more fantasies than realized.

Apple’s card – issued by Goldman Sachs – has the feature where every transaction uses a virtual credit card number. This is particularly useful for online payments. You can easily change this number in the Apple Wallet app. And the physical card itself doesn’t have any account number shown. All of this makes it harder for fraudulent transactions and cybercrime, which run more than $100Bn annually according to the IMF.

But let’s look more closely at the authentication feature. What Nok Nok has announced is the ability to share a FIDO-based digital key to serve as an additional authentication factor for multiple logins. Before FIDO, if I wanted to use multi-factor authentication, I had to carry around a set of hardware or software keys, one for each login. What if I could use my smartphone, working in conjunction with my smart credit card, to accomplish a truly passwordless login? That is the vision with the CompoSecure announcement. Consumers can authorize transactions via a variety of methods: a finger swipe, keying in a six-digit PIN, or tapping the card to their phone to enable an NFC-encrypted transaction.

What happens if your card is lost or stolen, along with your phone? Many of us, myself included, have forgone carrying a wallet and just have a couple of pockets on the backs of our phones for cards. The card – and for that matter, your phone is still protected by the PIN. And if you have set up facial or finger recognition on your phone, that will further protect any access if your phone is found. The idea is appealing: one less dedicated piece of hardware to carry around. As Nok Nok’s CEO Phil Dunkelberger said in this interview, “when you ask a customer to carry a separate device or a separate token, very few customers will be willing to go through that process.”

The cold crypto wallet feature is also interesting. What this means is that your crypto assets are not stored online, but on the device itself. These wallets have been available for several years, but again they are yet another thing to carry around and potentially lose. Having a wallet integrated into a smart credit card itself makes a lot of sense. CompoSecure is building this new card/wallet combination with its Arculus project, which should be out in beta later this year. If your card is lost or stolen, you will need to recover it with a series of passphrases (which hopefully you will not store in any online form). If you use a crypto exchange for your transactions, you can use your cold wallet to send or receive funds. Nok Nok said they will be supporting authentication on Arculus as well.

Using a metal credit card to serve as an authentication credential to secure transactions could be a way to move us further away from using insecure passwords, and marrying convenience and better security. I look forward to trying them out.

13 Aug

3 Min read

The First Internet ID and Payment Card is Here

August 13, 2021 Nok Nok News 0 comments

The First Internet ID and Payment Card is Here

In 2003, the first metal card transaction created an entirely new product for the high net worth and affluent audiences that set a new standard for quality and security in payment. Now, metal cards have become the default for any high-end credit card option, and wallets across the world suddenly got heavier as these sleek and elegant cards quickly replaced their plastic counterparts. At Nok Nok, we admire the innovation and vision behind reinventing what our wallets look like, which is why we’re pushing the envelope even further.

This week we announced a strategic alliance with the company behind the metal card, CompoSecure, to introduce the first internet ID and payment card. This new offering, which will roll out early next year, will act as a virtual ignition key to authenticate a user into any digital service on any device and create a new level of safety for both consumers and merchants. If recent months have taught us anything, it’s that criminals will never stop looking for new ways to target and exploit weaknesses in consumer transactions.

Our partnership with CompoSecure will create a platform for secure login and one-step authentication that removes any risk or expense associated with “Card Not Present” transactions, chargebacks, or BNPL (Buy Now, Pay Later). Currently, there are substantial downsides for these types of transactions, whether it’s the risk associated with giving your credit card information over the phone for pizza delivery or making payments online. With 2.8 billion credit cards currently in use worldwide combined with a $25 billion Card Not Present fraud industry, the need for securing these types of transactions is immediate.

The buck doesn’t stop there. While securing payments is a primary focus, both Nok Nok and CompoSecure want to completely change how business is conducted over the internet. This new offering will also allow us to combat identity fraud in evolving areas such as eGaming, cryptocurrency exchanges, e-passports, and more. We want to extend the security CompoSecure has already deployed to its credit cards to any verifiable claim, which could include anything from COVID vaccination status to proof of driver’s license. We have big plans!

When we started working on solving the authentication problem nine years ago with a standards-based approach, we knew the journey wouldn’t be a quick one. We’re nearing a tipping point toward mass adoption of strong authentication and assurance signals, as security teams are dealing with the challenges and costs of data breaches. Our work with CompoSecure is just beginning and the benefits will help bring Nok Nok’s vision of greater security and a better user experience to life.

WATCH THE VIDEO

11 Aug

13 Min read

CompoSecure and Nok Nok Partner to deliver advanced security and authentication

August 11, 2021 Nok Nok News 0 comments

CompoSecure and Nok Nok partner to deliver advanced security and authentication across platforms with a best-in-class user experience. Category leaders create an innovative solution to protect consumers and enable merchants to fight online fraud with a breakthrough “internet ID and payment card”

WATCH VIDEO

Somerset, NJ – August 11, 2021 – CompoSecure Holdings, L.L.C. (“CompoSecure”), a leading provider of premium financial payment cards and emergent provider of cryptocurrency storage and security solutions, and Nok Nok Labs, Inc. (Nok Nok™), a pioneer and leader in passwordless authentication, announced a strategic collaboration to develop a FIDO ^®-extended solution, expanding the protections for consumers of CompoSecure’s Arculus^TM platform. The innovative, combined technology platform is expected to enable banks, fintechs, and financial services companies to put in the hands of every user a simple-to-use, personalized, and universal “digital identity”.

Currently, in beta testing, Arculus was created with the vision to promote cryptocurrency adoption by making it safe, simple, and secure for the average person to buy, sell and swap cryptocurrency. The Nok Nok solution leverages global industry standards that promote strong and easy-to-use authentication. Members of this industry alliance that support these authentication standards include Amazon.com, Apple, American Express, BBVA, Facebook, Google, Intel, Intuit, MasterCard, PayPal, Verizon, T-Mobile, Visa, and many more.

Nok Nok will collaborate with CompoSecure to increase the security, privacy, and cardholder experience associated with both companies’ current financial market and cryptocurrency customers. These additional platform capabilities will set the stage for CompoSecure to offer a breakthrough “Internet ID and payment card” that can be used as a virtual ignition key for the authentication of a user into any digital service on any device. A practical use case for a consumer is turning the payment or credit card in your wallet into a digitally transformed eCard and eWallet for digital transactions. The benefits are better usability and security for the consumer, and better fraud protection and cost control for the merchant.

“More and more people are transacting online because they are convenience-focused and their adoption of digital banking highlights their comfort with digital tools,” said Adam Lowe, Chief Innovation Officer of CompoSecure. “This new technology platform will ensure that you, and only you, are authorized to make a transaction with CompoSecure’s metal cards, with a simple and secure action, such as swiping a finger, entering a PIN, and tapping your card to your phone for an NFC-encrypted transaction.”

“We see this collaboration with CompoSecure as a game-changer for Nok Nok, bringing our vision of greater security and a better user experience to every consumer around the world,” said Phillip Dunkelberger, CEO of Nok Nok. “While securing payments will be a key focus, we will work with CompoSecure in other key areas such as eGaming, cryptocurrency exchanges, e-passports, and more. From daily use as a credit card to connecting securely to a variety of e-commerce transactions, consumers will have a trusted method for online and offline activities.”

Other common use cases include:

Payments – Strong authentication provides added security to touchless payments and online “card-not-present” transactions. This reduces chargebacks and fraudulent use for merchants, and provides better security and ease of use for consumers. Added capabilities include making it significantly easier to onboard new customers and providing a better method to use websites for current customers.
Online Banking – More and more consumers are transacting digitally and need both convenience and protection. The “internet ID and payment card” serves as a strong credential for secure transactions that can be embedded into other identity verification systems.
Cryptocurrency – The Nok Nok solution will integrate with CompoSecure’s Arculus Key^TM card, an air-gapped storage solution that connects to the Arculus Wallet^TM mobile app via an encrypted NFC connection. This provides intuitive controls, advanced security protection and the ability to manage multiple cryptocurrency wallets in one device.
eGaming – This solution enables eGaming companies to enhance security and usability to their payment ecosystems and add cryptocurrencies as a payment alternative.
Online Gambling – Internet gambling providers will have the ability to add multi-factor authentication for streamlined security without compromising ease of use for higher value bets and transactions while greatly reducing fraud.
Identity – The ability to provide identity is central to the next generation of capabilities on the internet. This card can be used to provide personalized and customizable “verifiable claims” where user identity is critical to validate entitlements.

“The ability to have a single card to transact as a credit card and a universal authenticator, all contained in a well-designed secure metal container, takes universal ID to the next level,” said Ignacio Bernal, former Global CTO at BBVA, a multinational financial services company. “The ability to link these dynamically provides a global identity, which fuels a whole new set of applications and capabilities in the market. CompoSecure and Nok Nok Labs have the right solution at the right time to transform how we conduct our business securely over the internet. It’s clear that the time has come for consumers to have access to a master digital identity that not only rids their lives of passwords but also opens their world to an easier approach to digital transactions.”

For more information on this new security technology platform, please visit www.composecure.com.

On April 19, 2021, CompoSecure announced that it had signed a merger agreement with Roman DBDR Tech Acquisition Corp. (NASDAQ: DBDR) (“Roman DBDR”), a special purpose acquisition company. Upon closing of the proposed merger, the combined company will operate as CompoSecure, Inc. and plans to trade on the Nasdaq stock market. The transaction reflects a pro forma enterprise value for the combined company of approximately $1.2 billion. The transaction is expected to close in the third quarter of 2021 and remains subject to approval by Roman DBDR stockholders and other customary closing conditions.

About Nok Nok Labs, Inc.:
Nok Nok is a trusted leader in passwordless consumer authentication to the world’s largest organizations. Delivering the most innovative authentication solutions in the market today, Nok Nok empowers global organizations to improve the user experience to access digital services while meeting the most advanced privacy and regulatory requirements. The Nok Nok™ S3 Authentication Suite integrates into existing security environments to deliver a proven, cost-effective, future-proof, and standards-based passwordless consumer authentication solution. Headquartered in Silicon Valley, California, the company has delivered unique inventions and innovations that are protected by a robust global patent portfolio. As a founder of the FIDO Alliance and an inventor of FIDO specifications, Nok Nok is the expert in deploying standards-based authentication, and its industry-leading customers and partners include BBVA, DDS, Inc., Ericsson, Fujitsu Limited, Hitachi, Intuit, Lenovo, MTRIX GmbH, NTT DATA, NTT DOCOMO, OneSpan, SoftBank, T-Mobile, and Verizon. For more information, visit www.noknok.com.

About CompoSecure
Founded in 2000, CompoSecure is a pioneer and category leader in premium payment cards and an emergent provider of cryptocurrency and digital asset storage and security solutions. The company focuses on serving the affluent customers of payment card issuers worldwide using proprietary production methods that meet the highest standards of quality and security. The company offers secure, innovative, and durable proprietary products that implement leading-edge engineering capabilities and security. CompoSecure’s mission is to increase clients’ brand equity in the marketplace by offering products and solutions which differentiate the brands they represent, thus elevating the cardholder experience. For more information, please visit www.composecure.com. ArculusTM was created with the mission to promote cryptocurrency adoption by making it safe, simple, and secure for the average person to buy, sell and store cryptocurrency. With a strong background in security hardware and financial payments, the Arculus^TM solution was developed to allow people to use a familiar payment card form factor to manage their cryptocurrency. For more information, please visit GetArculus.com.

About Roman DBDR Tech Acquisition Corp.

Roman DBDR is a special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. While the Company may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, it intends to focus its search on companies in the technology, media, and telecom (“TMT”) industries. The Company is led by its Co-Chief Executive Officers, Dr. Donald G. Basile and Dixon Doll, Jr. The Company’s experienced board of directors includes former NVCA Chairman and longtime venture capitalist Dixon Doll, Global Net Lease (NYSE: GNL) CEO James L. Nelson, former fund manager Paul Misir, investment banker and investor Arun Abraham, and entrepreneur Alan Clingman. For more information, please visit www.romandbdr.com. Roman DBDR raised $236 million in its initial public offering (inclusive of underwriter’s exercise of over-allotment option) in November 2020 and is listed on Nasdaq under the symbol “DBDR”.

Forward-Looking Statements

Certain statements included in this Press Release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to statements regarding Roman DBDR’s or CompoSecure’s expectations, hopes, beliefs, intentions, or strategies regarding the future, including, without limitation, statements regarding: (i) the ability of Roman DBDR and CompoSecure to complete the proposed merger described in the Press Release, (ii) the size, demand and growth potential of the markets for CompoSecure’s products and CompoSecure’s ability to serve those markets, (iii) the degree of market acceptance and adoption of CompoSecure’s products, (iv) CompoSecure’s ability to develop innovative products and compete with other companies engaged in the financial services and technology industry and the timing of the ArculusTM launch and (v) CompoSecure’s ability to attract and retain clients. In addition, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this Press Release, and on the current expectations of CompoSecure’s and Roman DBDR’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, a prediction, or a definitive statement of fact or probability. Neither Roman DBDR nor CompoSecure gives any assurance that either Roman DBDR or CompoSecure will achieve its expectations. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of CompoSecure and Roman DBDR. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond Roman DBDR’s and CompoSecure’s control), or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These factors include, among others: the inability to complete the proposed merger; the inability to recognize the anticipated benefits of the proposed merger, including due to the failure to receive required security holder approvals, or the failure of other closing conditions; and costs related to the proposed merger. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the preliminary proxy statement on Schedule 14A (the “Proxy Statement”) relating to the proposed merger filed by Roman DBDR with the U.S. Securities and Exchange Commission (the “SEC”) and the definitive proxy statement and other documents filed by Roman DBDR from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that none of Roman DBDR or CompoSecure presently know or that Roman DBDR or CompoSecure currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Roman DBDR’s and CompoSecure’s expectations, plans or forecasts of future events and views as of the date of this Press Release. Roman DBDR and CompoSecure anticipate that subsequent events and developments will cause Roman DBDR’s and CompoSecure’s assessments to change. However, while Roman DBDR and CompoSecure may elect to update these forward-looking statements at some point in the future, Roman DBDR and CompoSecure specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Roman DBDR’s and CompoSecure’s assessments as of any date subsequent to the date of this Press Release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Certain market data information in this Press Release is based on the estimates of CompoSecure and Roman DBDR management.

Additional Information about the Proposed Merger and Where to Find It

In connection with the proposed merger, Roman DBDR has filed a preliminary proxy statement with the SEC. A definitive proxy statement will be sent to stockholders of Roman DBDR seeking approval of the proposed merger. The documents relating to the proposed merger (when they are available) can be obtained free of charge from the SEC’s website at www.sec.gov. These documents (when they are available) can also be obtained free of charge by contacting CompoSecure at: William Maina, ICR for CompoSecure, (646) 277-1236, [email protected].

Participants in the Solicitation

This communication is not a solicitation of a proxy from any security holder of Roman DBDR. CompoSecure, Roman DBDR and our respective directors, executive officers, other members of management, and employees may be deemed to be participants in the solicitation of proxies from Roman DBDR’s stockholders in connection with the proposed merger. Information regarding the names and interests in the proposed merger of Roman DBDR’s directors and officers is contained Roman DBDR’s filings with the SEC. Additional information regarding the interests of potential participants in the solicitation process has also been included in the preliminary, and will be included in the definitive, proxy statement relating to the proposed merger and other relevant documents filed with the SEC. These documents can be obtained free of charge from the sources indicated above.

####

28 Jul

4 Min read

Nok Nok and ForgeRock Extend Relationship

July 28, 2020 Nok Nok News 0 comments

Nok Nok’s expanded, tight integration with ForgeRock provides customers with powerful FIDO-based capabilities across all channels, mobile, web, and smart devices

Nok Nok and ForgeRock have extended their relationship to provide passwordless authentication to access management platform. Nok Nok’s expanded, tight integration with ForgeRock provides customers with powerful FIDO-based capabilities across all channels, mobile, web, and smart devices. Nok Nok announced the expanded integration of the Nok Nok™ S3 Authentication Suite with the ForgeRock™ Identity Platform. The combination of Nok Nok and ForgeRock brings leading, scalable FIDO-based passwordless authentication to the ForgeRock™ Identity Platform. Customers can now access and authenticate seamlessly without sacrificing security.

Causes of breaches are primarily attributed to weak access or authentication practices. A review of some of the biggest data breaches in the 21st century shows how weak access can expose the records of millions of consumers. Similarly, global regulations such as GDPR and PSD2 are driving the demand for frictionless, secure and easy-to-use authentication solutions. Having secure authentication solutions will help organizations not only comply with regulations but also deliver their services in new and innovative ways. As more end-users rely on their mobile devices and the cloud to access vital home, work and banking applications, username-password authentication methodologies become cumbersome because they are not secure, scalable or convenient.

Nok Nok has been a member of the ForgeRock Trust Network since 2018. Since then, Nok Nok has expanded its technology footprint within the ForgeRock Identity Platform to offer a simplified integration to both companies’ mutual customers to achieve passwordless authentication. With the combination of ForgeRock access management solutions and Nok Nok passwordless authentication, organizations don’t have to sacrifice security while providing ease-of-use solutions to consumers. The Nok Nok S3 Suite offers customers the most mature, proven, scalable passwordless authentication solution, that works across all platforms, and is the most widely deployed FIDO-based solution.

“Lost, weak, often forgotten passwords can lead to cart abandonment, lost revenue and eventually lost customers,” commented Ben Goodman, Vice President, Global Strategy and Innovation at ForgeRock. “Integration with standards-based technology like Nok Nok allows our customers to authenticate their new users quickly and securely, which minimizes abandonment and provides a seamless experience from the very beginning.”

“Integration with ForgeRock provides a logical extension for organizations looking to leverage standards-based authentication in their access management solutions,” said Dr. Rolf Lindemann, Vice President, Products, Nok Nok Labs. “Organizations looking to increase security due to regulatory or other market drivers now have a strong combination with Nok Nok’s standards-based authentication and the ForgeRock Access Management solution.”

Link to Nok Nok listing on ForgeRock’s Partner page

About ForgeRock
ForgeRock^®, the leader in digital identity, delivers modern and comprehensive Identity and Access Management solutions for consumers, employees and things to simply and safely access the connected world. Using ForgeRock, more than a thousand global customer organizations orchestrate, manage, and secure the complete lifecycle of identities from dynamic access controls, governance, APIs, and storing authoritative data – consumable in any cloud or hybrid environment. The company is privately held, and headquartered in San Francisco, California, with offices around the world. For more information and free downloads, visit www.forgerock.com or follow ForgeRock on social media: Facebook ForgeRock |Twitter @ForgeRock | LinkedIn ForgeRock |

About Nok Nok Labs (Nok Nok)
Nok Nok is the trusted leader in passwordless consumer authentication to the world’s largest organizations. Delivering the most innovative authentication solutions in the market today, Nok Nok empowers global organizations to improve the user experience to access digital services, while meeting the most advanced privacy and regulatory requirements. The Nok Nok™ S3 Authentication Suite integrates into existing security environments to deliver a proven, cost-effective, future-proof and standards-based passwordless consumer authentication solution. Headquartered in Silicon Valley, California, the company has delivered unique inventions and innovations that are protected by a robust global patent portfolio. As a founder of the FIDO Alliance and an inventor of FIDO specifications, Nok Nok is the expert in deploying standards-based authentication, and its industry leading customers and partners include BBVA, DDS, Inc., Ericsson, Fujitsu Limited, Hitachi, Intuit, Lenovo, MTRIX GmbH, NTT DATA, NTT DOCOMO, OneSpan, SoftBank, and T-Mobile. For more information, visit www.noknok.com.

Read Official Press Release

12 Feb

5 Min read

Nok Nok Welcomes Apple to FIDO

February 12, 2020 Nok Nok News 0 comments

Nok Nok welcomes Apple to the FIDO Alliance and reports record growth.

Nok Nok, the leader in passwordless authentication, today announced a record year following broad industry acceptance of FIDO standards – and evidenced by the news that Apple, Inc. is now a member of the FIDO Alliance and has taken a leadership role as a board member. The FIDO Alliance, co-founded by Nok Nok and publicly launched in 2013, addresses industry needs for strong authentication without sacrificing ease of use, while reducing friction and vulnerabilities that often result from the use of passwords for authentication.

As broad industry acceptance of the FIDO standards continued in 2019, Nok Nok’s new customer deployments increased, existing customer renewals expanded, and Nok Nok released innovative technology with support for additional use cases. Also contributing to Nok Nok’s success were new global strategic partnerships, recognition and a prized GLOMO award from the GSMA, as well as increased market demand driven by global regulations that mandate strong authentication for online services.

“Nok Nok Labs and FIDO have both reached significant milestones today. When we first invented FIDO-enabled technology, it was clear that privacy and security would need to be hand-in-hand and at the heart of any authentication solution. To have Apple join the FIDO journey is a testament to our original vision of enabling strong authentication across all platforms,” said Phillip Dunkelberger CEO Nok Nok Labs. “It’s incredibly rewarding to have the world’s largest and most successful browser manufacturers, banks, telcos, eCommerce and healthcare providers join the movement we started in 2013 to solve global user authentication challenges.”

Nok Nok Solutions for the Apple Ecosystem

Since 2014, Nok Nok has supported Apple native applications on iOS devices – iPad and iPhone, and in November 2019 Nok Nok introduced the Nok Nok App SDK for Smart Watch. Now with Apple a part of the FIDO Alliance, it signals the opportunity for users of any Apple device to employ strong authentication. The Nok Nok™ S3 Authentication Suite supports strong and convenient user authentication on Apple devices – through native Mobile Apps and through the recently added FIDO support in Safari. Apple’s membership in the FIDO Alliance fuels the speculation of now being able to use FaceID/TouchID for FIDO authentication through the Safari Browser.

“Apple joining this alliance is an important signal,” said Richard Clarke, former Special Advisor to the President on Cybersecurity, and Advisory Board member to Nok Nok Labs. “Password-related breaches are far more prevalent than they should be given the alternatives we have available. Apple and other Alliance members are transforming digital identity by committing to secure, standards-based authentication. It’s a step in the responsible direction for corporations and the customers whose data they are responsible for protecting.”

“The FIDO Alliance gained a valuable member today,” said John N. Stewart, Security Expert and former Advisory Board Member to Nok Nok Labs. “By joining industry counterparts like Google and Microsoft, Apple has become the final puzzle piece with FIDO now adopted by all major browser manufacturers.”

Accelerating Market and Nok Nok Momentum

Apple is the most recent industry player to join the wave of FIDO adoption over the past year. The convergence of industry support, global regulations and market demand for Nok Nok’s passwordless authentication solutions has driven global deployments and adoption. Leading financial institutions, such as BBVA have deployed Nok Nok’s solutions to provide passwordless authentication while enabling them to comply with GDPR and PSD2 requirements. Nok Nok customers Intuit and T-Mobile shared the results of their deployments at Identiverse including the unique benefit that Nok Nok’s technology increased Intuit’s login success rate by 6% and decreased T-Mobile’s “Forgot Password” user requests from 65% to 7%. And, Nok Nok’s strategic partners saw successful new deployments such as Fujitsu – whose client Aflac Japan deployed passwordless authentication and Hitachi with their client MUFG Bank.

2019 was a momentum filled year for Nok Nok and the FIDO Alliance. And now recognizing Apple joining the FIDO Alliance in early 2020 signals even more industry adoption to follow.

About Nok Nok
Nok Nok is the trusted leader in passwordless consumer authentication. Delivering the most innovative authentication solutions in the market today, Nok Nok empowers global organizations to improve the user experience to access digital services, while meeting the most advanced privacy and regulatory requirements. The Nok Nok™ S3 Authentication Suite integrates into existing security environments to deliver a cost-effective, future-proof and standards-based authentication solution. Headquartered in Silicon Valley, California, the company has delivered unique inventions and innovations that are protected by a robust global patent portfolio. As a founder of the FIDO Alliance and inventor of FIDO specifications, Nok Nok is the expert in deploying standards-based authentication, and its industry leading customers and partners include BBVA, DDS, Inc., Ericsson, Fujitsu Limited, Hitachi, Intuit, Lenovo, MTRIX GmbH, NTT DATA, NTT DOCOMO, OneSpan, SoftBank, Standard Bank, and T-Mobile.

View the Official Press Release

14 Jan

4 Min read

Nok Nok Partners with BBVA

January 14, 2020 Nok Nok News 0 comments

Nok Nok partners with BBVA to Boost the Use of Authentication on Mobile Banking Services.

Nok Nok, one of the driving forces behind the new FIDO (Fast Identity Online) standard aimed at strengthening the security of biometric systems on mobile devices, today has partnered with banking leader, BBVA. The agreement is part of BBVA’s strategy to improve the security and user experience of its mobile banking services through state-of-the-art biometric capabilities.

Through this agreement, Nok Nok — a leading developer of authentication solutions—will provide BBVA with a series of technological capabilities. This will allow the bank to continue offering secure and scalable authentication solutions that put user privacy at the center of its mobile banking services, which are already being used by more than half of its customers worldwide.

In addition, the agreement with Nok Nok will allow BBVA to implement the new FIDO (Fast Identity Online) standard in its mobile banking services, which reinforces the security of biometric authentication systems in web and mobile applications. This standard, promoted by the FIDO Alliance, allows alternative identification systems, such as fingerprint or facial recognition, to be used instead of passwords in a comfortable and secure manner. In 2013 Nok Nok was one of the founding companies of the FIDO Alliance and, along with other industry members, it has contributed to developing the key technical specifications and features of this new standard, which is already being used by other leading digital companies.

Nok Nok provides BBVA with an interoperable solution that has the support necessary to adapt to industry standards and global regulations, such as for the European Market, Payment Services Directive 2 (PSD2) which defines minimum requirements for strong customer authentication. Thanks to the partnership with Nok Nok, BBVA will be able to continue offering its customers innovative and agile mobile banking solutions that offer a perfect balance between user experience and security.

“Traditionally, one of the biggest challenges of authentication systems has been to balance security with user experience. Due to the FIDO standard, we are confident that both elements work together seamlessly to provide customers with the highest security standards, along with a transparent and agile user experience. In this way, we can improve the ability of our clients to interact with us in a more natural way,” says Juan Francisco Losa, BBVA’s Global Technology & Information Security Officer.

“Having a simple and robust authentication process on mobile devices is integral for protecting customer privacy,” says Phillip Dunkelberger, CEO of Nok Nok Labs. “We are very proud to partner with BBVA and this is a fantastic collaboration for Nok Nok because it will allow us to introduce the latest innovations in authentication for customers, through a simple, transparent and secure experience. This agreement will allow us to continue expanding our international presence.”

About Nok Nok
Nok Nok is the trusted leader in next-generation consumer authentication providing passwordless solutions to the world’s largest organizations. Delivering the most innovative authentication solutions in the market today, Nok Nok empowers global organizations to improve the user experience to access digital services, while meeting the most advanced privacy and regulatory requirements. The Nok Nok™ S3 Authentication Suite integrates into existing security environments to deliver a cost-effective, future-proof and standards-based authentication solution. Headquartered in the Silicon Valley, California, the company has delivered unique inventions and innovations that are protected by a robust global patent portfolio. As a founder of the FIDO Alliance and inventor of FIDO specifications, Nok Nok is the expert in deploying standards-based authentication, and its industry leading customers and partners include DDS, Inc., Ericsson, Fujitsu Limited, Hitachi, Intuit, Lenovo, MTRIX GmbH, NTT DATA, NTT DOCOMO, OneSpan, SoftBank, Standard Bank, and T-Mobile.

About BBVA
BBVA is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico, it has leading franchises in South America and the Sunbelt Region of the United States. It is also the leading shareholder in Turkey’s BBVA Garanti. Its purpose is to bring the age of opportunities to everyone, based on our customers’ real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests in solid values: Customer comes first, we think big and we are one team. Its responsible banking model aspires to achieve a more inclusive and sustainable society.

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