LAS VEGAS (PRWEB) April 20, 2018
Authomate today announced that it has been selected to participate in Next Gen Park at TRANSACT -- the world’s largest payments technology event, which will be held April 17-19 in Las Vegas. Authomate will serve as part of a startup delegation representing ATDC which was one of only four accelerators from around the country chosen for this year’s event.
Next Gen Park is a new component of TRANSACT that serves as a showcase for leading payments accelerators/incubators and the innovative startups in their portfolio. As a startup delegate, Authomate will be among 16 select financial/payments technology startups from around the country to participate in Next Gen Park. Selection criteria included factors such as high growth, past proof of concept, current industry traction, and products with the potential to be disruptive.
“We are pleased to have been selected to participate in the first Next Gen Park during TRANSACT 2018 and want to thank both the ATDC and the ETA for the opportunity to showcase our platform to the payment processing community,” said Jeff Schmidt, President and Chief Executive Officer of Authomate. “Authomate enables seamless authentication and access for a consumer across an omni-channel environment, with a user-friendly platform that also yields the most secure credentialing for financial institutions. By removing frustrating processes that interfere with user engagement, we provide better authentication that customers are willing to adopt and ultimately reduce fraud and enhance the banking experience.”
"ETA TRANSACT is a great opportunity for young startups to showcase their innovative and disruptive technology in front of the leaders in Payments space” added Authomate’s Founder and Chief Visionary Officer, Piyush Bhatnagar. "It gives us a chance to collaborate with established companies and bring our innovative authentication and mobile identity platform to payments and banking verticals."
Next Gen Park offers space for startups to host meetings, showcase their products, and network with the more than 4000 payments technology decision-makers that are expected to attend the show.
TRANSACT is an annual event presented by the Electronic Transactions Association (ETA) that brings together all parts of the payments ecosystem – from ISOs/VARs to ISVs and large financial institutions to technology companies, to meet, see what’s new, and learn what it takes to grow. Through extensive networking events, education and a robust exhibit hall filled with more than 200 companies, attendees will learn about groundbreaking technology, security trends and policies affecting the industry.
Authomate, recently named the Americas winner of the UBS Future of Finance Challenge 2017, is focused on changing the way users authenticate, leading the charge of increasing the security controls while at the same time enabling greater convenience. Built by a team of security professionals and underpinned by former Bell Labs Engineers. Our patented, cloud-based technology, which is accessed via smartphone application, ensures effortless access to secure applications for intended users, while simultaneously making secure applications exponentially more difficult to hack. Contrary to prevailing sentiments in the IAM industry, at Authomate, we believe you shouldn’t have to choose between security and convenience. Our passion is based in the belief that security can be made stronger, while also making it easier.
For more information, visit: http://authomate.com/