Okay is a comprehensive Strong Customer Authentication (SCA) solution designed for issuers, BaaS, and eWallet providers. It offers PSD2-compliant security, ensuring that digital transactions are securely verified through a combination of advanced security mechanisms, such as biometrics, 2FA, and secured dynamic linking. With seamless integration into existing systems, Okay aims to reduce fraud while protecting sensitive customer data.

What are the main features of Okay?

Advanced PSD2-Compliant Authentication

Okay provides a robust authentication system that adheres to PSD2 regulations. Its solution is designed to offer both security and a frictionless experience for end users, making it an ideal choice for organizations seeking compliance with evolving financial regulations.

• Biometric authentication ensures high-level security through fingerprints, facial recognition, or other biometrics.
• 2-Factor Authentication (2FA) adds an extra layer of security for transactions.
• Secured dynamic linking ensures that users can confirm and sign the exact transaction they see.

Seamless Device Integration for Secure Authentication

Okay simplifies the process of implementing secure transaction verification on both web and mobile platforms, providing single-device SCA and ensuring protection from advanced threats, such as malware.

• OTP by SDK allows generation of One-Time Passwords directly in your app.
• Separate and secure execution environments isolate sensitive processes from potential external threats.
• Easy integration with your existing access management systems without extensive development effort.

Comprehensive Security Mechanisms

Okay's approach is built on six layers of security, protecting transactions and related information from various types of attacks. These mechanisms safeguard the end-to-end process, ensuring both compliance and security.

• Robot detection: Detects and prevents automated attempts at breaching security.
• Continuous encryption: Encrypts transaction data throughout the process.
• Honeypots: A unique mechanism that traps malicious actors attempting to exploit vulnerabilities.

Specialized Use Cases

Okay offers versatile use cases to secure different types of transactions and services.

• 3DS Out-of-Band Challenge: Secures the verification process when a 3DS 2.x challenge is required by your ACS.
• Money Transfers: Protects financial transactions within banking apps, ensuring secure money transfers.
• Multiple Devices 2FA: Implements two-factor authentication across multiple devices for comprehensive security.

Okay stands as a reliable and forward-thinking SCA solution, ensuring secure, compliant, and seamless customer authentication across platforms.