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InAuth, Early Warning partner to enhance security of mobile payments

InAuth, a device authentication company, and Early Warning, a real-time payments, authentication and risk mitigation provider, have announced a strategic alliance intended to enhance the security of real-time payment services within the mobile channel by leveraging the advanced device intelligence capabilities of InAuth’s InMobile product, according to a press release.

Some of the largest payments, banking, mobile wallet, online and mobile companies are using InAuth's InMobile product, according to the announcement. The technology examines thousands of unique identifying attributes on mobile devices to create a permanent device ID  that cannot be spoofed. Device interrogation enables InAuth to understand the health and riskiness of the device, which allows the mobile device to act as a trusted second factor of authentication in a manner that is easy for customers, according to the announcement.

By working with InAuth, Early Warning said it will be able to support a combined mobile network and mobile device intelligence product that is unprecedented in the market.

"As an organization firmly committed to providing next-generation technology to advance and protect the financial system and ensure all transactions are trusted, forming a strategic alliance with InAuth is a core component of delivering safety and soundness to real-time digital payments," said Eric Woodward, group president of risk solutions for Early Warning. "Combining the Early Warning Mobile Authentifier with InAuth’s InMobile solution will enable us to more effectively identify billions of dollars in high-risk transactions each year. We look forward to working with InAuth in the months ahead."