|Angel, 1/2008 ||$1M|
|Venture Round, 11/2008 |
GlobalCrypto? has developed innovative technology that makes online transactions more secure and prevents fraudulent attempts to steal a userâ€™s financial information and/or personal identity.
We provide strong, easy to use authentication software to protect businesses on the web. Our software provides a much more secure method of authenticating a user than the common â€œPIN or passwordâ€ approach. Password protected web applications and their users are extremely vulnerable to fraud, which is a multi-billion dollar problem.
GlobalCrypto? is the only company to embed cryptographic information in digital images and exchange pieces of those images between a user and a web application to accomplish a strong, bi-directional multi-factor authentication. All encrypted information between a web application and an end user must â€œmatchâ€ before a transaction can proceed.
This strong yet low-cost software solution appeals to e-commerce businesses, financial institutions, credit card companies and web sites that exchange confidential information with their users or members who are frequent fraud targets.