IPification is building the backbone of mobile authentication of today and tomorrow. By verifying the device, SIM & phone number via IP address. IPification patented technology is enabling secure, passwordless, zero-tap compatible mobile user authentication, registration, transaction approval, and fraud prevention solutions for any mobile application. Advantages over other 2FA / MFA providers and “Possession Factor” authenticators:1. Better security / usage of private data- There is no private data exposed (like in Header Enrichment or SMS OTP technology)- There is NO NEED for personal data to be used (like phone number or biometrics)2. Better UX- Does not require any user action- Not exiting the app at allReadily available across numerous countries and regions, IPification is trusted by some of the leading telco, technology, payment, and OTT companies including Microsoft, GBG, DataZoo, 3HongKong, Axiata Digital.IPification has been implemented in 25 mobile operators on 4 continents; 45+ mobile operators currently in the implementation phase.Bootstrapped with over $7 million investment, in 2020 commercial rollout started with Merchants App developers and IPification started receiving healthy revenues from Q3.Strategic plans for 2021-22:2021Extending connectivity to additional 55+ Telecoms across APAC, NA, MENA and EUROPEOffering IPification for Cellular IoT based solutions2022Extending connectivity to additional 63+ Telecoms across APAC, NA, AFRICA, LATAM and EUROPEIncrease our Merchant base to over 500 top Digital players both directly and through AggregatorsOur team:- Harry Cheung, Founder President- Stefan Kostic, Chief Executive Officer- Aleksandar Brankovic, Chief Technology Officer- Maja Perovic Baines, Chief Marketing Officer- Paul Tse, Chief Strategy Officer (HK based)IPification is WSA 2020 Winner (The best and most innovative digital solution in Business & Commerce)
https://www.ipification.com/
Ongoing
October 2018
Not set
POTENTIAL MARKET SIZE - Mobile Identity and AuthenticationUS$34B to be reached by 2022. (Source: One World Identity)COMMERCIAL MODEL - HOW DO WE GENERATE REVENUEIPification is putting in place TWO commercial models with every MNO based on the responsibilities of each party in the ecosystem:Business Model #1:Serve as the full solution provider for both Telecoms and Merchants / Service Providers (IPification AAS). IPification provides the fully managed service (responsible for both GMID™ Box deployment and maintenance & service providers signing). In this case, IPification is signing the agreement and receiving the revenue per transaction from the Service Provider and forwards MNO’s revenue part.Two pricing model available for Merchants:- per authentication request- per Mobile ID / daily & monthlyBusiness Model #2IPification as a technical enabler for GMID™ BOX. In this case, MNO is signing the agreements directly with the Service Providers (or Authentication providers) and collects the full revenue per successful authentication. In this case, IPification receives just the standard fee per each transaction going through GMID™ BOXWith IPification integrated, mobile operators will be able to address the existing challenges of today’s ever-growing digital user identity and authentication market. They can become a major authentication player in a new digital ecosystem by offering a highly secure and seamless user authentication service.We aim to empower mobile operators to re-establish themselves in the digital value chain and help them to bring back their power through new revenue streams, strong partnerships with top technology companies and innovative services offered to their subscribers.
Social Impacts: Seal Security Gap | Accelerate Digital Transformation • Secure employee authentication, serve as the enabler of long-term remote working trends: Remote working has become increasingly popular amid the COVID-19 pandemic. Our bullet-proof verification solution can make the cloud-based working environment more secure. • The effective mobile ID can help service providers stay operational in a global health crisis: Consumers are likely to avoid physical contact as much as possible. So they will rely on convenient online services during and even after the pandemic. • Businesses will have to effectively sustain the ever-increasing adoption of digital services to survive the sudden increase in digital transformation during the pandemic. Being able to offer customers with a safe, easy-to-use mobile authentication for digital services can earn long term trust. • Our seamless, user-friendly and secure UX facilitate the digital transformation of business and government services. • IPification securely verify device and users via IP address, help the further development of IOTs in the 5G era.
IPification (IP)
China — Private Sector
https://ipification.com/
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