Heliad AG
FinLab AG: AUTHADA comes first at Symbioticon
AUTHADA comes first at Symbioticon Frankfurt am Main/Darmstadt, 19.09.2017. The Darmstadt technology company AUTHADA GmbH, a portfolio company of FinLab AG (WKN 121806, ISIN DE0001218063, Ticker A7A.GR) came first last week at the Sparkassen Innovation Hub’s Symbioticon in Hamburg with its answer to the Yomo app by the Sparkassen Finance Group. The 16 largest savings banks in Germany and a select jury of customers voted online and chose AUTHADA with its customer onboarding solution which includes the eID card as the new identification method via the multi-banking API AHOI in accordance with PSD2 as the winner among the total of 17 participants. Symbioticon is a limited time competition in which start-ups can develop new, digital and mobile solutions via APIs provided, usually banking applications, for end customers within 48 hours and present them to the jury as prototypes. The success shows that the technology developed by AUTHADA for customer onboarding using eID is one of the most innovative and future-looking technologies for the markets of banking, insurance, e-government, e-health and e-commerce in connection with know your customer (KYC) under the anti-money laundering act. AUTHADA is revolutionizing existing identification methods and verifies the customer identity via the electronic identity (eID) from the ID card. Using the smartphone NFC interface, the transfer of sovereign-tested master data takes place within 5 seconds. About FinLab AG: Press contact: About AUTHADA GmbH: Press contact: End of Media Release Issuer: FinLab AG Key word(s): Finance 19.09.2017 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG.
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