Averon & tyntec Join Forces to Launch Direct Autonomous Authentication®

(Available in Spanish on Real Wire)

Strategic Partnership Provides Seamless, Automated and Real-Time Security Controls for Enterprises in Europe, Asia Pacific, Latin America and Beyond

MUNICH and SAN FRANCISCO, Feb. 25, 2019 /PRNewswire/ — tyntec, a global cloud communications provider, and Averon, developer of the world’s first fully automated security solution, today announced their strategic technology partnership. Leveraging tyntec’s extensive wireless carrier connectivity, the partnership will drive a global rollout for Averon’s Direct Autonomous Authentication^® (DAA^®). Averon’s technology provides instant, frictionless authentication, making it the easiest, fastest and most secure identity verification solution on the market. tyntec, which provides many of the world’s leading internet companies and global enterprises with multifactor authentication services, will enable direct, international, wireless carrier connections for the DAA launch.

The average cost of data breaches is continually rising, and experts maintain that threat actors behind these breaches are increasingly aggressive. In 2018, data breaches compromised more than 2.5 billion records in the United Statesalone. According to the Ponemon Institute, this equates to US$370 billion in business losses. This landscape prompted a growing need for multifactor authentication controls. However, implementing tighter security is often complicated and frequently leads to a negative customer experience. Together, tyntec and Averon are changing this dynamic, introducing DAA to provide tighter security through a back-end, two-factor authentication cycle that occurs without the need for SMS or user actions.

“While myriad authentication solutions have come and gone, user impact and experience have remained stagnant in recent years,” said Thorsten Trapp, CTO at tyntec. “Today’s security threats are moving too quickly for reactive measures, making seamless, real-time authentication an absolute necessity. Through our partnership with Averon, we look forward to delivering secure, effective, multifactor authentication solutions that also enable enterprises to offer a positive and streamlined user experience.”

Today, Averon provides the only fully automated mobile authentication solution designed to replace complicated legacy methods, including SMS, app downloads and email codes. Using the mobile SIM as the source of trust, it eliminates password hacks and provides a completely frictionless cycle, requiring no user action. The solution can authenticate mobile phones, PC and tablet devices, manage role-based cloud access, secure mobile payments and instantly detect fraud at checkout.