EAST BRUNSWICK, N.J.--(BUSINESS WIRE)--1Kosmos, the only company that unifies identity proofing and passwordless authentication, today announced it has been named a finalist as a Tech of the Future in the Identification, Authentication & Verification category of the 2023 Banking Tech Awards USA. Presented by FinTech Futures, the definitive source of intelligence for the global fintech sector, the awards recognize the most innovative and impactful technology solutions in the banking and financial services industry. Winners will be announced on June 1 during a gala event at 583 Park Avenue in New York City.
In the past 12 months, 1Kosmos has been named a 2022 SINET16 Innovator, Best Consumer Digital Banking Solutions Provider for Unified Identity Proofing and Passwordless Authentication in the Fintech Futures 2022 Banking Tech Awards, recognized by Gartner in several reports including the 2022 Gartner® Hype Cycle™ for Digital Identity, and named an Overall Leader for Passwordless Authentication, Verified Identity, and Reusable Verified Identity by KuppingerCole.
“Being recognized as a Tech of the Future finalist by the Banking Tech Awards for identification, authentication and verification demonstrates 1Kosmos’ unique ability to deliver a frictionless experience and secure online banking,” said Hemen Vimadalal , CEO of 1Kosmos. “The BlockID platform enables remote onboarding and identity enrollment to detect and block stolen or synthetic identities. Using the enrolled identity, financial institutions can then provide customers and employees non-phishable passwordless authentication to prevent account compromise and fraud.”
1Kosmos BlockID is a distributed digital identity platform that provides multi-factor passwordless authentication to help organizations establish with certainty the identity of individuals who are accessing their systems, applications, data and digital services. BlockID also provides organizations with secure, automated worker onboarding via self service identity proofing for convenient access to corporate applications, data and resources.
1Kosmos enables passwordless access for workers, customers and citizens to securely transact with digital services. By unifying identity proofing and strong authentication, the BlockID platform creates a distributed digital identity that prevents identity impersonation, account takeover and fraud while delivering frictionless user experiences. BlockID is the only NIST, FIDO2, and iBeta biometrics certified platform that performs millions of authentications daily for some of the largest banks, telecommunications and healthcare organizations in the world. The company is funded by Forgepoint Capital and Gula Tech Adventures with headquarters in East Brunswick, New Jersey. For more information, visit www.1kosmos.com and follow us on Twitter and LinkedIn.