Priva Technologies : Advanced Authentication - Financial

A Platform Approach To Eliminating Transaction Fraud And Improving The Consumer Experience.

Cleared® Securinty Platform™
Protection from phishing and pharming attacks by eliminating the use of vulnerable user credentials

Stops man-in-the-middle attacks by providing a secure session key for each transaction

Superior authentication and transaction security for internet-based financial services

Positive customer experience creating increased customer loyalty

Increases end-user adoption rates for online financial services

Transaction audit trail with non-repudiation

Seamless integration with existing and new applications

ClearedHost™ Authentication Server
Highly secure access

Enables mobile authentication from anywhere in the world

Centralized security and credentialing

Hosted or on-premise implementation.

Components
Cleared® Security Platform™
     ClearedHost™
     ClearedChip™
     ClearedKey™
ClearedPay™

Internet on-line security and retail purchases...

atmStolen data, identity theft, and other attempts to capture personal and confidential information, both online and off-line, are growing concerns. The Priva Technologies’ Cleared® Security Platform™ provides a proactive strategy for this growing problem. Through the use of Priva’s ClearedKey™ biometrically-enabled authentication device clearedkeyand security platform, customers have secure access to online retail sites for purchases without revealing their identity or financial information to criminals intent on stealing personal information.

Secure ATM transactions...

Priva Technologies’ Secure ATM solution will allow customers to be totally protected from skimming, thereby effectively eliminating fraudulent use of their ATM accounts. Initially, account details contained on the ClearedKey will be provided to the existing ATM machine software. Ultimately, a wireless protocol will be used to enable customers to present the ClearedKey in close proximity to the ATM machine and securely access their accounts and transact business in an active, protected mode.

Cleared security platform...

Priva Technologies, Inc.’s, Cleared Security Platform goes beyond traditional three-factor authentication, (what you have, what you know, and who you are) to provide the highest level of transaction security in an easy-to-use solution. Financial institutions can be certain that only authorized users can perform transactions and have access to sensitive data. For the first time, transactions are fully auditable and non-repudiable.

The platform is comprised of a secure authentication server (ClearedHost™) and the only FIPS 140-2 Level 3 validated biometric security processor (ClearedChip™). The ClearedChip is incorporated into a personal biometric security device, the ClearedKey. The platform provides a robust solution for authentication and transaction security while integrating seamlessly with new and legacy applications. The Cleared Security Platform results in unsurpassed transaction security with lower maintenance, flexible security policy settings, and a high return on investment.

Within the Cleared Security Platform, network sessions are created in a tightly-bound authentication flow. The platform authenticates systems, networks, and users through an end-to-end solution that redefines transaction security. The Cleared Security Platform minimizes time to deployment and represents an extraordinary value proposition for financial institutions and their customers.

This system’s usability for online payments was tested nationally by a third-party research firm. The analysis found broad acceptance—from all ages, incomes and across both sexes. There was no skewing of demographics. The research showed that over 61% of people wanted to immediately start using our solution. After their first use of the ClearedKey, 78% felt more comfortable using it than credit cards. 83% said they would carry it with them at all times if they had one. These results were from a sample of over 600 actual users making a payment online with our system.