Austin, TX (PRWEB) September 10, 2014
Toopher, Inc., the leader in contextual multifactor authentication, today announces new platform features, which it will debut at the FinovateFall Conference in New York on September 23rd. Toopher, which uses the location-awareness of a user’s mobile device to deliver an invisible user experience, will demonstrate its new stepped-up biometric capabilities and its location-based de-authentication functionality (code name: Halo), especially relevant for the financial services industry.
If history is any indication, Toopher will debut these new features in a style completely its own. Prepare for Phones, Zones and Drones on the Finovate stage. Finovate is an executive conference and launchpad for the world's top financial and banking technology innovations. Toopher is one of 60 companies invited to present New York City later this month. This is Toopher’s second year in a row to be selected by Finovate.
“There have always been three ways to authenticate yourself online—something you know, something you are, and something you have—but no solution has ever been able to combine all three in a way that doesn’t destroy the user experience……until now,” said Josh Alexander, CEO of Toopher. “We are thrilled to leverage the bones of the existing technological ecosystem to create the most secure and most usable platform, even if it’s a little late for Jennifer Lawrence’s selfies.”
Toopher’s new biometric capabilities take advantage of the TouchID hardware already embedded in the iPhone, allowing users to further verify their identity when they receive an authentication request. The simplicity of TouchID technology integrated with Toopher will create an even more secure and more convenient security experience.
“Toopher’s biometric integration clearly demonstrates to the market our commitment to lead in both security and usability,” touts Toopher Founder and CTO, Evan Grim. “The trend is increasingly mobile, and we are at the forefront to ensure that all Toopher-protected actions - from logins to payment transfers to file access - are literally at a user’s fingertips.”
Toopher will also demonstrate its in intriguing location-based de-authentication feature, Halo.
“It’s very simple – if you walk away from your computer, Toopher can sense this zone change and automatically end the session, collapsing any window for potential threat,” says Alexander.
For Toopher’s FinovateFall stage demonstration, sources report that extra insurance was purchased and that special clearances from the venue and pertinent personnel were granted to accommodate the use of a live drone during the Toopher presentation.
“We too believe [Jeff] Bezos is a visionary who is absolutely right about the use of drones. They definitely add value if used correctly, and given the time constraints of the Finovate conference, we’ll need to harness both incredible speed and precision to make our point,” added Alexander.
Toopher just completed a prolific deployment at the University of Texas at Austin, where its 24,000 faculty and staff rely on Toopher to secure sensitive payroll data. Toopher also recently closed an additional round of financing.
For the Finovate audience, Toopher’s strong security combined with break-through simplicity and ease of user experience is particularly attractive. This industry is prone to online fraud through repeated targeting while also historically desirous of online convenience and simplicity. Businesses may contact Toopher to quickly integrate and deploy Toopher’s contextual multifactor authentication platform today at toopher.com.
“It’s great to see Toopher back again at Finovate, and we are anxious to see what they have up their sleeve – or up in the air! – this year,” said Eric Mattson, CEO, The Finovate Group. “At Finovate, we see many amazing innovations around financial transactions, online banking, mobile retail. It’s great to learn about an innovation that can easily and simply protect them all.”
About Toopher
Toopher is an invisible, location-based multifactor authentication solution designed around user behavior and powered by the geolocation capabilities of a smartphone. With Toopher’s patented automation feature, users can go about business as usual with little to no change in their online access procedures. No more passwords hacks, no more online fraud. Toopher is the security solution people actually want to use. It's simple, secure, and the phone stays in your pocket. Founded in 2011 by a University of Texas PhD student and an adjunct professor, Toopher is funded by Alsop Louie and is a graduate of the Austin Technology Incubator. To learn more and try it for yourself, visit http://toopher.com and follow us @toopher.
About FinovateFall
FinovateFall is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in New York, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate, and unique format. FinovateFall is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit finovate.com
