OnlyID, a digital authentication solution that helps protect consumers’ identities and allows them to make transactions across multiple online accounts securely, has won the Gold American Business Awards for best New Product or Service of the Year - Software - FinTech Solution.
“The product is a joint development effort between FIS and Global Kinetic, and we are incredibly proud to be involved with such a hugely successful project and to be working with the incredible individuals at FIS across the United States.”, Sergio Barbosa, CIO, Global Kinetic.
What is OnlyID
FIS and Equifax jointly created OnlyID™ in conjunction with Global Kinetic developers. OnlyID is a digital authentication solution that helps protect consumers’ identities and allows them to make transactions across multiple online accounts securely.
Without the need of passwords, consumers can access OnlyID with a single registered identity through their preferred financial institutions and e-retailers that have joined the OnlyID Network.
Thus providing an easier way to access online accounts and protect your personal information. OnlyID is a powerful network comprised of financial institutions, businesses, and retailers. Once your identity is established in the network, use OnlyID to sign in to participating accounts and conduct transactions.
Using a chosen digital device you can create your personal identity in an easy step-by-step process.
Once your OnlyID account is established, that’s it. A simple, one-step authentication performed in real time allows you to access your accounts in the OnlyID network, creating a more convenient, more secure experience. The OnlyID Network consists of authenticated consumers who use a universal digital representation of their identity to interact with businesses in the network.
Award winning Digital Authentication Solution:
OnlyID has proved to be a success thus far and has won awards from the American Business Awards 2018. The product had been awarded with two gold wins in different categories. One being the best Fintech Solution and the second being the best marketing kit.
The two winning categories are listed below :
Congratulations to all involved in the project! This includes FIS and Equifax. The creation of this innovative product could not have been possible without the contributions from the different parties working on the project. The combined skills and knowledge allowed for this successful project to grab the attention and awards from the American Business Awards 2018. The product is also a possible solution to the modern pressing issue of securing digital identities.
FIS is a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, consulting, and outsourcing solutions. Through the depth and breadth of our solutions portfolio, global capabilities and domain expertise, FIS serves more than 20,000 clients in over 130 countries. Headquartered in Jacksonville, Fla., FIS employs more than 53,000 people worldwide and holds leadership positions in payment processing, financial software and banking solutions. Providing software, services and outsourcing of the technology that empowers the financial world, FIS is a Fortune 500 company and is a member of Standard & Poor’s 500® Index. For more information about FIS, visit www.fisglobal.com.
Equifax is a global information solutions company that uses trusted unique data, innovative analytics, technology and industry expertise to power organizations and individuals around the world by transforming knowledge into insights that help make more informed business and personal decisions. The company organizes, assimilates and analyzes data on more than 820 million consumers and more than 91 million businesses worldwide, and its database includes employee data contributed from more than 7,100 employers.
Headquartered in Atlanta, Ga., Equifax operates or has investments in 24 countries in North America, Central and South America, Europe and the Asia Pacific region. It is a member of Standard & Poor’s (S&P) 500® Index, and its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. Equifax employs approximately 9,900 employees worldwide.
About Global Kinetic
Global Kinetic is a leading software engineering company with a team of over 100 tech-savvy and inspired developers, engineers, designers and creatives. This group of highly fuelled people work together at Global Kinetic to spearhead and develop brilliant products, including some that seriously disrupt the market. One of the coolest places to work, this company has the nicest people creating amazing apps and products, which they do with flair and sheer professionalism, mixed with a dash of fun. Steeped in expertise*, they designed and created the world’s first fully immersive gamified children’s mobile banking app in Unity for Standard Bank as one example; in another they designed and developed PayToday, the Venmo for Southern Africa. They’ve built slick and powerful mobile banking experiences for Old Mutual, Bidvest Bank and many more. They have great offices in Century City, as well as in Palo Alto in the US. For more information, visit www.globalkinetic.com
*Global Kinetic (GK) provides enterprise solution engineering services and have capability across the application stack, predominantly .NET Core, Java or Scala deployed to Azure, AWS or physical infrastructure on the enterprise side, and native or hybrid technologies on the mobile side for Apple, Android and Windows Phone. Global Kinetic are evangelists of agile development methodologies, implementing SCRUM on customer projects and provides professional services around the delivery, quality assurance, test automation, requirements gathering, analysis, UX/UI design and architecture