FinovateEurope 2024 / ShareID
Presenter Profile:
How they describe themselves: ShareID is a French start-up specializing in strong customer authentication through official identity. The solution guarantees compliance with regulations such as GDPR, eIDas, and DSP2. Beyond regulatory compliance, the technology allows businesses to have the assurance that the user presenting themselves for authentication is who they claim to be, without ever storing their PII or biometrics. ShareID is acknowledged as a Deep Tech company by Bpi France and is in the process of being certified ISO 27001.
How they describe their product/innovation: MFA 3.0 is an Authentication-as-a-Service solution tied to government-issued IDs. An initial video capture of the user’s ID document and face will allow ShareID to issue a validated, reusable digital identity without storing any personal data or biometrics. During future interactions, a simple smile will enable the user to prove their identity in real time. This technology was developed in partnership with the French Military Police and has a precision rate of 99.9% on document authenticity.
Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms
Credit Union/Community Bank Fit: Credit Unions, Community Banks
Contacts:
Bus. Dev.: Sara Sebti (CEO & Co-Founder), [email protected], +33 6 32 98 71 32
Press: Eliana Daboul (VP Marketing & Partnerships), [email protected], +33753652105