FFIEC News

Biopassword User Authentication Based on Typing Rhythm Protects Consumers and Ensures FFIEC Compliance

(Jan 04, 2007)--BioPassword, a software company providing secure authentication and anti-fraud solutions based on the behavioral biometric of keystroke dynamics, partnered with NAFCU Services Corporation, a subsidiary of the National Association of Federal Credit Unions (NAFCU), to offer and promote BioPassword's unique two-factor authentication solution that ensures strong authentication and compliance with federal regulations.

"With increased guidelines for online banking, credit unions are searching for a solution that provides an added layer of security and is non-intrusive to members," said David C. Frankil, president of NAFCU Services. "BioPassword provides the best of both worlds with a cost-effective solution that can be rolled out easily, with the only equipment required being the keyboard that comes standard with every laptop and computer. BioPassword's solutions enable us to offer the best in authentication software to credit unions."

BioPassword is already providing secure authentication for more than 400,000 online users. Its solutions are easily deployable and transparent to users, as it authenticates individuals based on their typing rhythm, and does not disrupt their usual login process. Using BioPassword to monitor and authenticate users, organizations can quickly and cost-effectively implement secure access, comply with regulatory requirements, and reduce the risks of fraud. BioPassword's products include BioPassword Internet Edition for multi-factor authentication in web-based environments and BioPassword Enterprise Edition for multi-factor authentication in Active Directory networks and Citrix Presentation Server environments.

"NAFCU Services is a trusted source for credit unions across the nation and BioPassword is thrilled to partner with them to expand the availability of our solutions," said Mark Upson, CEO of BioPassword. "By providing its members with BioPassword's multi-factor authentication solution, NAFCU Services can ensure more local credit unions are FFIEC compliant while maintaining an added layer of security for users."

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