15.05.2018
FinLab AG DE0001218063
FinLab AG: AUTHADA's innovative eID solution goes live with German/British FinTech ayondo
DGAP-Media / 15.05.2018 / 09:00
FinLab AG: AUTHADA's innovative eID solution goes live with German/British
FinTech ayondo
Frankfurt am Main/Darmstadt, May 15, 2018 - The digital identification
solution from AUTHADA, a portfolio company of FinLab AG (ISIN: DE0001218063;
Ticker: A7A.GR), has been used for the very first time by German/British
FinTech ayondo. On ayondo's Social Trading platform, users can follow the
investment portfolios of successful traders and copy their strategies. In
order to do so, the platform user must first register and authenticate
himself as a real person.
While identification procedures in Germany were previously very complex,
AUTHADA's identification solution takes just a few seconds. With AUTHADA
ident, there are no queues and the procedure is available around the clock.
Users can be identified anywhere with an NFC-enabled smartphone or tablet
that validates their identity using the eID of their ID card and the
accompanying eID PIN. Data is transmitted directly and ayondo's service is
immediately available.
The main benefit is that the AUTHADA app is data-minimising and only
transfers personal data that is required by law for legally compliant
identification. The "eID-Core" solution from AUTHADA guarantees the highest
level of security and is the first and only identification procedure
throughout the whole of Germany to be certified by the Federal Office for
Information Security (BSI).
"This collaboration with ayondo is an important milestone for AUTHADA. Along
the way, we are setting a new standard for a safer, digital Germany and for
the EU," said Jörg Jessen, the co-founder and CEO of AUTHADA. Raza Perez,
CPO of ayondo, added: "We are delighted to offer our customers, together
with our partner AUTHADA, a rapid customer onboarding process that is
compliant with money laundering regulations and available 24/7."
About FinLab AG:
Stock market listed company FinLab AG (WKN 121806 / ISIN DE0001218063 /
ticker symbol: A7A) is one of the first and largest company builders and
investors focused on the Financial Services Technologies ("FinTech") sector
in Europe. FinLab focuses on developing German FinTech start-ups and
providing venture capital for their financial needs, whereas in each case
the aim is a long-term participation and ongoing support of the investment.
FinLab also invests globally, as part of venture rounds, in FinTech
companies, primarily in the USA and Asia.
Press contact:
FinLab AG:
[email protected]
http://www.finlab.de
Phone: +49 69 719 12 80 0
About AUTHADA GmbH:
AUTHADA GmbH is a cybersecurity start-up founded in May 2015 as a spinoff of
the Darmstadt University of Applied Sciences. The eID-Core solutions use the
electronic identity of personal ID cards via a mobile or stationary device
in order to verify existing or target customers within seconds. Since the
product is based on national and international safety standards and legal
requirements it is certified by the German Federal Office for Information
Security (BSI) and can therefore be considered safe to use and reliable.
Press contact:
AUTHADA GmbH
[email protected]
https://authada.de
https://twitter.com/AUTHADA_GmbH
Phone: +49 6151 2752 500
Contact:
FinLab AG
Tel: +49 69 719 12 80 0
E-Mail: [email protected]
End of Media Release
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Issuer: FinLab AG
Key word(s): Finance
15.05.2018 Dissemination of a Press Release, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
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Archive at www.dgap.de
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Language: English
Company: FinLab AG
Grüneburgweg 18
60322 Frankfurt/Main
Germany
Phone: +49 (0)69 719 12 80 - 0
Fax: +49 (0)69 719 12 80 - 011
E-mail: [email protected]
Internet: www.finlab.de
ISIN: DE0001218063
WKN: 121806
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Frankfurt (Scale), Stuttgart, Tradegate Exchange
End of News DGAP Media
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Beteiligungen , 121806 , A7A , XETR:A7A