PowerAuth

PowerAuth by Wultra is a certified, PSD2 compliant solution that offers strong customer authentication (SCA) for mobile and internet banking applications. According to the vendor, PowerAuth ensures compliance with the Revised Payment Services Directive (PSD2) legislation and provides a robust authentication system based on at least two independent authentication elements. This solution is designed for leading banks worldwide and is commonly used in the banking, financial services, fintech, payment service providers, and mobile app development industries.

Key Features

Bulletproof Authentication: PowerAuth provides a strong customer authentication (SCA) solution for mobile and internet banking apps. According to the vendor, it generates a one-time authentication code based on at least two independent authentication elements, ensuring compliance with the Revised Payment Services Directive (PSD2) legislation.

PSD2 Compliance: PowerAuth helps banks achieve PSD2 compliant strong customer authentication (SCA) with multi-factor signatures and dynamic linking. According to the vendor, it ensures that mobile apps by payment service providers (PSPs) implement the required authentication and authorization procedures.

Improved User Experience: PowerAuth enhances user experience by supporting biometric authentication methods like Face ID or Touch ID. According to the vendor, it enables passwordless authentication, replacing legacy methods like SMS authorization and providing a more secure and user-friendly experience.

Easy Deployment and Fast Time to Market: PowerAuth offers easy deployment and transparent solutions, with a typical project timeline of weeks instead of months. According to the vendor, it allows banks and financial institutions to implement the solution quickly and efficiently, ensuring a seamless integration process.

Trusted Cryptography: PowerAuth's cryptography meets the requirements of Strong Customer Authentication (SCA) under PSD2. According to the vendor, it is trusted by leading banks worldwide, providing a secure and reliable foundation for authentication processes and ensuring the confidentiality, integrity, and authenticity of user data.