Enable consent-based authorization for important transactions to reduce digital fraud.
Online digital fraud is growing at an alarming rate.
is the total fraud losses reported by respondents based on a survey conduced by PwC
increase in account takeover attacks between Q2 2019 to Q2 2020
increase in new credit card fraud account according to US Federal Trade Commission
Next Generation Authorization
BlokSec’s consent-based authorization allows organizations to provide step-up authentication and authorization for important transactions to curb online fraud leading to data and identity theft.
BlokSec provides a mechanism to request context-specific consent before executing a transaction to ensure that users agree and intend to perform a specific action. This consent-driven model offers organizations irrefutable proof of identity and authorization, making the transaction undeniable.
Consent-based authorization can be used to protect credit history checks, online credit card purchases, money transfers, and many other sensitive actions that users may wish to perform.
To support regulatory requirements and privacy we need stronger authentication for our customers and partners; this is where BlokSec is helping us close this gap.
Integrating passwordless login to our customer admin portal using OIDC was simple and straightforward. It took less than 15 minutes to configure our platform to leverage BlokSec for login.