Press release
Verity Technologies Empanelled at National Informatics Center for Mobile Computing and Technology based Applications
Bangalore: Verity Technologies, a mobile applications company with focus on Authentication and Identity Management Services, announced its empanelment with the National Informatics Center for Mobile Computing and Technology based Applications. NIC is the nodal agency for the technology initiatives for Government of India.The alliance paves way for Government Initiatives to integrate Verity’s highly acclaimed Blue ID service, a new generation technology – that secures financial transactions, managea access and provides biometric identity to masses on a pan India basis.
The Blue ID Portfolio (5 variants with varying levels of security) is set to unveil a new era in the telecom and financial transactions space. Card transaction verification, online banking, session control, biometric access, rural financial inclusion and identity management are the key areas that would be revolutionized through the adoption of this technology. Blue IDs cutting edge technology has the advantage of interoperability with legacy platforms, existing technologies and standards in the financial sector including Scosta, EMV and 8353 among others. Blue ID solutions, which are fast, safe & easy to use, is controlled by users own mobile.
Highlighting customer value of the technology, Anuradha Bansal, Managing Director, Verity Technologies, said, “At the lowest level of security Blue ID allows a person secure his access to an online session via username on the web coupled with a PINCODE on a mobile device. With the risk of online fraud, phishing and identity theft removed, online banking or e-commerce is made safe, easy and a mass market phenomenon. At the highest level of security Blue ID allows the person to gain Biometric Access, presence based password and total session control.”
Further, she pointed out, Blue IDs ultra pervasive technologies (mobile and Bluetooth) are highly versatile and cost effective. In remote villages with low internet penetration it provides a portable biometric reader with server access through mobile internet connectivity. This is expected to provide large scale implementation of social projects which are expected to operate at a staggering scale.
Verity Technologies is a mobile applications company which provides authentication services for financial and other transactions. Incorporated in 2000 as a telecom solutions company, Verity has built innovative communication products/applications that enable flow of data across platforms and devices. It aims to create disruptive changes in areas like financial transactions through an anonymous authentication and identity management service that for the first time uses the cell phone as the medium of connectivity rather than a consuming node. Verity is a India Co portfolio company, India Co is a publicly traded company, listed on the Bombay Stock exchange. For more details on Verity log on to www.veritytech.com
# 791, 1st Cross 12th Main,
HAL 2nd Stage, Indiranagar,
Bangalore – 560008
Karnataka, INDIA
Tel: +91-80-25251500/01
Fax: +91-80-25251502
No:080-25251500/01
Fax: +91-80-25251502
info@veritytech.com
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