Ping Identity Enhances Secure Authentication with Keyless Acquisition
Keyless' acquisition will equip customers, employees, and citizens globally with biometric multi-factor authentication that never stores their biometric data
In a significant move to redefine digital security, Ping Identity, renowned for its leadership in securing digital identities across global enterprises, has reached a definitive agreement to acquire Keyless, a London-based pioneer in privacy-preserving biometric authentication. This transaction, set to bolster Ping Identity's portfolio, remains subject to customary closing conditions and regulatory approvals.
Keyless is at the forefront of enabling seamless user experiences through its innovative Zero-Knowledge Biometrics™ technology, which authenticates users with a mere glance. Each authentication process verifies the user's face and device against enrollment data using cryptographic methods, ensuring that biometric information is never stored in a manner that makes it retrievable or potentially reconstructions, either on devices or in cloud storage. Unlike traditional biometric methods, Keyless doesn't require specialized hardware, making it versatile and deployable in various environments and among different user groups. This technology delivers a smooth, privacy-centric experience that empowers organizations to enhance identity assurance while protecting against fraud and AI-assisted impersonation.
"In today's landscape, where digital trust is increasingly under scrutiny, organizations must provide digital experiences that marry security, privacy, and ease of use," stated Andre Durand, CEO and Founder of Ping Identity. "Teaming up with Keyless allows us to democratize privacy-preserving authentication, simplifying it to a glance while enhancing confidence in digital engagements."
Keyless' CEO and Co-Founder, Andrea Carmignani, remarked, "Trust is foundational to every digital interaction. This acquisition will seamlessly weave reliability into the identity journey, from verification straight through to authentication and authorization, aligning perfectly with our mutual goal for a more secure and private digital ecosystem."
Privacy-Preserving Authentication for the Next Generation of Digital Trust
Upon the closure of the acquisition, Ping Identity plans to seamlessly incorporate Keyless' biometric authentication into its existing Ping Identity Platform. This integration is founded on the intention of helping enterprises fortify fraud prevention measures and user assurances, all while maintaining frictionless digital experiences. The merger of these two innovators is expected to reinforce Ping's commitment to a One Platform vision, which aims at ensuring verified trust across all identities, encompassing customer identity and access management (CIAM), workforce solutions, and B2B scenarios—all while enabling secure, password-free access for front-line, shared terminal, and manufacturing settings.
Keyless technology offers a multitude of advantages:
- It helps secure customers against account takeover fraud, allowing them to benefit from fast, self-service options.
- It provides employees with a simple, passwordless multi-factor authentication and seamless single sign-on for easier and stronger access.
- It facilitates immediate biometric authentication and deepfake detection for frontline and mobile staff, boasting performance benchmarks of under 300 milliseconds.
- It safeguards critical user interactions—from account setup to recovery—with dynamic and secure passwordless authentication methods.
- It increases compliance readiness for global privacy standards, including GDPR, CCPA, and PSD3.
Together, Ping Identity and Keyless envision establishing privacy-preserving authentication as a pivotal aspect of modern identity security—melding speed, security, and trust into every digital interaction. This strategic collaboration emphasizes Ping's mission to promote frictionless, privacy-first authentication across a spectrum of identities and use cases without sacrificing control or user experience.
Commitment to Global Privacy Standards
Europe is leading the way in privacy-conscious authentication frameworks such as eIDAS 2.0, while other regions are advancing through national digital identity initiatives and KYC programs. Ping Identity is steadfast in its commitment to not only meet global privacy standards but also empower enterprises to harmonize security, privacy, and user experience effectively.
About Ping Identity
At Ping, we strive to enable trust in every digital moment—whether it’s with customers, employees, partners, or even non-human identities. From securing millions of users to mitigating sophisticated fraud, streamlining third-party access, or adopting passwordless methods and verifiable credentials, establishing trust should not hinder progress. Our enterprise-grade identity platform is designed for scalability, speed, and adaptability, seamlessly integrating with existing tech architectures across cloud, hybrid, and on-premise environments. We assist innovators in accelerating growth and confidently leveraging AI technologies—making life easier for developers, users, IT teams, and partners. Indeed, every digital experience with Ping starts with trust.
About Keyless
As the leader in privacy-preserving biometric authentication, Keyless earns the trust of banks, fintech companies, enterprises, and governmental bodies by effectively mitigating account takeovers and securing high-risk actions while optimizing operational efficiency. Accessible via both app and web platforms, its unique Zero-Knowledge Biometrics™ technology provides multi-factor authentication in one glance, all within 300 milliseconds, without storing biometric data. Keyless holds prestigious certifications, including ISO 27001, ISO 9001, and ISO 30107-3, along with being the sole company to possess both FIDO Biometrics and FIDO2 certifications. Moreover, it adheres to ETSI TS 119 461 and 319 401 standards for digital identity and trust services within Europe and operates with global reach through its offices located in the UK, Italy, Singapore, and the US.
Frequently Asked Questions
What is the significance of the Ping Identity and Keyless acquisition?
The acquisition is aimed at enhancing security through privacy-preserving biometric authentication, improving user trust in digital interactions.
How does Keyless technology ensure biometric data privacy?
Keyless employs Zero-Knowledge Biometrics™, verifying identity without storing biometric data in a retrievable form.
What benefits does Keyless offer to organizations?
Keyless helps protect against fraud, simplifies access with passwordless MFA, and enhances compliance with global privacy regulations.
What is Ping Identity's vision for authentication?
Ping Identity envisions a frictionless and privacy-first approach to authentication that enhances trust and security across all identities.
How does Keyless support compliance with privacy regulations?
Keyless technology is designed to meet global privacy standards, ensuring organizations can comply with regulations like GDPR and CCPA.
