Quantcast

Wave Rolls Out Password-Free Authentication

MAY 17, 2013 10:59am ET
Print
Email
Reprints

Wave Systems (WAVX) has developed a system for online authentication that relies on verifying a user's device ID.

The Wave Knowd service, now available for preview, allows websites to establish relationships with the devices its customers use most often for logins, Wave said Thursday. Knowd, meaning "known devices," is based on the idea that only previously authenticated devices should be allowed to access a protected network.

Once a device's identity is established, any website can use Knowd to create a relationship with the device and establish the user's identity. As a user accesses a site more often through the same device, the relationship between the site and Wave Knowd becomes stronger.

"The maturation of the web mandates a change in how we, and our computing devices, connect to the web," Steven Sprague, Wave chief executive, said in the news release. "The web needs the security and simplicity of this same model, where our computing devices themselves play an added role in authentication."

Wave is currently testing the system with several partners.

JOIN THE DISCUSSION

SEE MORE IN

RELATED TAGS

 

 
Top 10 Tech Articles of 2012

A look back at the most-read technology stories in American Banker and Bank Technology News.

(Image: Fotolia)

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
You must be registered to post a comment.
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.
DAILY ENEWSLETTER UPDATE

A Newsletter featuring Bank Technology News' top stories plus special reports and data

This feature displays payments industry news and analysis from American Banker sibling brand PaymentsSource. Registration is required; for more information contact customer service.

TWITTER
FACEBOOK
LINKEDIN
Already a subscriber? Log in here
Please note you must now log in with your email address and password.