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The Future of SMS OTP Replacement Authentication Solution

Written by VIDA | Jul 28, 2023 3:48:00 AM

In today's digital age, cybercriminals have become more sophisticated as technology evolves, exploiting vulnerabilities in traditional SMS OTPs. These one-time passwords sent via text messages are susceptible to hacking attempts, putting user accounts and sensitive information at risk. Moreover, the authentication process can be time-consuming, leading to user frustration and decreased productivity. Additionally, the costs associated with SMS OTPs can become significant for businesses with high transaction volumes.

Introducing VIDA Auth

VIDA Auth is a cutting-edge authentication system that uses face biometrics to verify users, making it much more difficult for criminals to hack into accounts. It also provides a quicker and more reliable authentication solution, ensuring secure and swift authentication with minimal hassle.

Advanced Security

VIDA Auth uses cutting-edge technologies like biometric authentication and FIDO2/Webauthn to ensure secure and swift authentication. This makes it much more difficult for criminals to hack into accounts.

Quick Authentication

VIDA Auth's unique method for authentication cuts login time by a lot. Where standard SMS OTP solutions can take between 15 and 30 seconds, VIDA Auth gets the same result in under 3 seconds. This makes sure that the user experience is smooth and easy.

Cost-Effective

Switching from regular SMS OTPs to VIDA Auth's SMS OTP Replacement can save businesses a lot of money. VIDA Auth's service saves businesses $3,000 per million OTPs compared to SMS.

Use Cases

VIDA Auth can be used in various industries, including banking, fintech, and e-commerce. It can be used to secure high-value transactions, passwordless authentication, QR code-based authentication, and account takeover prevention.

VIDA Auth is a revolutionary authentication solution that can replace traditional SMS OTPs, providing a more secure, efficient, and cost-effective alternative. It is a great choice for businesses that are looking to improve their cybersecurity posture and reduce the risk of cyberattacks.

Conclusion

By providing a secure, efficient, and cost-effective alternative to traditional SMS OTPs, VIDA Auth paves the way for a more seamless and reliable user experience. Embrace the future of authentication with VIDA Auth, and let it propel your business to new heights of cybersecurity excellence. Stay one step ahead of cyber threats and build a safer digital world with VIDA Auth's revolutionary leap in authentication technology.

About VIDA

VIDA operates as a Certificate Authority (CA), licensed, certified, and rooted in Indonesia by the Ministry of ICT (Kominfo) to issue legally binding Digital IDs and digital signatures to individuals and institutions. VIDA verifies and authenticates millions of identities every day in real-time web and mobile transactions to help the business ecosystem ensure compliance with Know Your Customer (KYC) and Anti Money Laundering (AML) regulations.

Our products have been used by millions of users in Indonesia, including digital native technology companies from a range of industries such as financial services, e-commerce, transportation, telecommunications, and healthcare. We leverage our expertise in information security to enable these companies to reduce fraud, increase trust in online transactions, and, ultimately, provide them with a safe and secure digital environment to conduct business.

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