FEDERATION — Presidio

Presidio is a network, device and channel independent solution that scales to create transaction fee revenue opportunities for

Whether PIN Generated one-time-passcodes (PASS) for online authentication, Reciprocal Authentication (ECHO) or Transaction Signing (SIGN) for higher value remote payments including telephone, or use of PASS as an alternative and economical means of point-of-sale payment authentication, Presidio delivers the federated capabilities needed to mitigate today’s and tomorrow’s threats in an ever changing world of risk across multiple entities using the same single device.

The solution negates the concerns associated with third party credential sharing usually associated with federated models as the FED modes of operation associated with Presidio are derived from separate unique credentials to those credentials used for the purposes of the primary device issuer.

Therefore, there is no risk to the device issuer of credentials used for third party authentication, identity protection and payment authorization being fraudulently leveraged for the purposes of trying to compromise the device issuer’s services.