Published Date : 26/11/2024Â
Keyless is a leading passwordless authentication company and the world leader in privacy-preserving biometrics for consumers and workforce.
It protects financial institutions, governments, and enterprises globally, combating fraud, identity theft, and ensuring regulatory compliance.
Keyless's flagship Zero-Knowledge Biometrics technology does not store biometric data anywhere, delivering built-in multi-factor security with just one look at the camera.
Keyless is ISO27001 certified and holds both FIDO Biometrics and FIDO2 certifications, making it the only company to achieve this distinction.
Privately owned, Keyless holds multiple patents and has 50 employees across three offices worldwide.
WithLess, a UK-based technology company, has recently integrated Keyless biometrics into its platform.
This integration aims to enhance compliance and security for both SaaS (Software as a Service) and BaaS (Biometrics as a Service) offerings.
The move is aimed at providing advanced, privacy-preserving biometric solutions to a wide range of clients, including financial institutions and enterprises.
Keyless's Zero-Knowledge Biometrics technology is at the core of this integration.
It ensures that biometric data is never stored, reducing the risk of data breaches and enhancing user privacy.
This technology leverages sophisticated encryption methods to provide multi-factor authentication, making it highly secure and user-friendly.
Enhancing Compliance and Security
The integration of Keyless biometrics by WithLess is a strategic move to address the growing need for robust compliance and security measures in the digital landscape.
Financial institutions, in particular, are under increasing pressure to adopt advanced authentication methods to combat fraud and identity theft.
Keyless's technology provides a solution that not only meets these requirements but also complies with stringent regulatory standards.
Keyless's Impact on the Industry
Keyless has been making significant strides in the biometric authentication market.
In October 2024, the company's zero-knowledge proofs with biometrics gained traction for secure privacy, finding a niche in decentralized identity management and fraud prevention.
Microsoft selected Keyless to participate in its Startups Pegasus Program, providing valuable resources and expert guidance.
This partnership underscores Keyless's commitment to innovation and excellence in the field.
In August 2024, Keyless launched the IDV Bridge feature, which automatically enrolls users into its system during the identity verification (IDV) process.
This feature simplifies the authentication process and enhances user convenience.
Additionally, Keyless has partnered with multiple companies, including fidentity, to extend the identity lifecycle and provide more secure and seamless authentication solutions.
Future Outlook
WithLess's integration of Keyless biometrics is expected to set a new standard in the industry.
The combination of Keyless's advanced technology and WithLess's robust platform will offer clients a highly secure and compliant solution.
As the demand for biometric authentication continues to grow, this partnership is poised to play a significant role in shaping the future of SaaS and BaaS.
Keyless Technologies Limited
Keyless is a passwordless authentication company and the world leader in privacy-preserving biometrics for consumers and workforce.
It protects financial institutions, governments, and enterprises globally, combating fraud, identity theft, and ensuring regulatory compliance.
Its flagship Zero-Knowledge Biometrics technology does not store biometric data anywhere and delivers built-in multi-factor security with just one look at the camera.
Keyless is ISO27001 certified and also holds both FIDO Biometrics and FIDO2 certifications, the only company to do so.
Privately owned, Keyless holds multiple patents and has 50 employees across three offices worldwide.
WithLess
WithLess is a UK-based technology company specializing in SaaS and BaaS solutions.
With a focus on innovation and security, WithLess partners with leading technology providers to offer advanced, privacy-preserving solutions to its clients.
The company's recent integration of Keyless biometrics is a testament to its commitment to excellence and compliance in the digital landscape.Â
Q: What is Keyless biometrics?
A: Keyless biometrics is a passwordless authentication technology that uses zero-knowledge proofs to ensure user privacy and security. It does not store biometric data, providing multi-factor authentication with just one look at the camera.
Q: Why did WithLess integrate Keyless biometrics?
A: WithLess integrated Keyless biometrics to enhance compliance and security for its SaaS and BaaS offerings. This integration provides advanced, privacy-preserving biometric solutions to a wide range of clients, including financial institutions and enterprises.
Q: What is the IDV Bridge feature?
A: The IDV Bridge feature, launched by Keyless, automatically enrolls users into the authentication system during the identity verification process. This feature simplifies the authentication process and enhances user convenience.
Q: What certifications does Keyless hold?
A: Keyless holds ISO27001 certification and both FIDO Biometrics and FIDO2 certifications, making it the only company to achieve this distinction.
Q: How does Keyless ensure user privacy?
A: Keyless ensures user privacy by using zero-knowledge proofs, which do not store biometric data. This technology leverages sophisticated encryption methods to provide multi-factor authentication, making it highly secure and user-friendly.Â