We're dropping something big this Friday.... stay tuned 👀
Portabl
Financial Services
Philadelphia, PA 1,866 followers
Financial identity at the speed of payments
About us
Crafted with open banking in mind, Portabl powers sign-up, sign-in, continuous identity assurance, and new identity-powered user experiences all on a single API. This means you can verify and authenticate new and existing users in seconds while providing them with more control of their own data. Based on next-generation decentralized identity standards, Portabl fills a gap in open banking by allowing consumers to control and share pre-verified data about their identities, accounts, and payment methods in just a few clicks without having to use passwords.
- Website
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https://www.getportabl.com
External link for Portabl
- Industry
- Financial Services
- Company size
- 2-10 employees
- Headquarters
- Philadelphia, PA
- Type
- Privately Held
- Founded
- 2021
Locations
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Primary
Philadelphia, PA, US
Employees at Portabl
Updates
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It's an exciting day for us! And congrats to rest of our cohort! Stay tuned for more on where things are headed this week 👀 #openbanking #ssi #reusableidentity #payments
We're embracing opportunities to support and collaborate with startups around the world to build the future of #openbanking and #smallbusiness innovation. Through Mastercard Start Path, the following companies are refining their technologies, scaling their solutions and working to drive an inclusive digital economy. Akahu, Atomic, fena, Portabl, SensePass, WeMoney will join the Open Banking program. And, Duplo, EedenBull, Fiskl, Freely, Omnevue, Pallo, Pemo, Quartix, Uplinq Financial Technologies will join the Small Business program. Read more about the #fintechs joining Mastercard Start Path here: https://lnkd.in/e4rYe3Bx #startup #technology #inclusion #digital
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🎉 Happy New Year! We're starting the new year with a bang, introducing #Passkeys and several other exciting features! Let's jump in 🔑 Passkeys—We’re thrilled to announce that Passkey-first verification is out in the wild, making document- and bank-based ID verification and onboarding as simple as FaceID or TouchID. By marrying Passkeys as a preferred authentication factor with the data portability inherent to Verifiable Credentiaks, business now have 1-click biometric-based access to verified identity attributes, documents, and bank-validated data all via API and SDK without * forcing cumbersome redirects * making expensive API calls to underlying sources * "phoning home" to the source of prior verifications * frustrating and churning high-intent applicants In fact, we've managed to reduce even complex user registration to about 10 seconds: * 1-step biometric auth * 1-step user-permissioned ID What's more, our Passkeys for iOS and Android are multi-device by default, making access simpler and safer across all platforms. Users can set up passkeys anytime through their Portabl Passport or through an embedded verification event in our network. Passkeys create smarter binding and promote flexibility With this rollout, Portabl now cross-links (or “binds”) the device, ID documents, and bank-based information (and cryptographic keys) to the same real person, all without oversharing or overexposing data to relying parties on the other end. We do the heavy lifting of connecting the dots on the user-end, so only what’s strictly necessary is shared at the time it’s needed. The practical effect is that behind each identity wallet there’s a high-fidelity, high-assurance identity attached to a real person, but businesses performing verification can dial up or down the scope of verification to handle anything from proof of personhood or residence through KYC based on docs, bank-verified ID, or a mix. 🌐 2. Whitelisting & build-your-own-consortium Businesses in our network can now whitelist partners or affiliates, refining the types of allowable credentials based on the underlying signer. This means approved "known" end users can set up accounts between partners and affiliates in seconds! For new-to-network users, businesses can guide them through predefined KYC steps instead of verifying an existing credential. 🔬3. User track changes and detailed logs We built a brand-new set of interfaces around our system and audit logs in order to provide additional transparency and usability around system events, verifications, and data updates. * Timeline view: track changes and view key status updates in real time * Log view: raw output for both credential and authentication events, as well as granular process status updates and debugging information. For more feature details check out the linked post, and to get started building with the future of user verification getportabl.com https://lnkd.in/euEvthih