MADISON, Wis. (3/19/15)--The CUNA Technology Council awarded the Best in Show Award to Daon for its IdentityX mobile authentication platform during CUNA's Governmental Affairs Conference (GAC), held March 8-12 in Washington.
"IdentityX is a phenomenal asset to the credit union industry," said Belinda Caillouet, chief operations and information officer at Spokane Teachers CU, Liberty Lake, Wash., and chair of the CUNA Technology Council. "Using this technology, credit unions can make huge leaps forward in their member protection initiatives."
IdentityX uses fingerprinting, facial recognition, speech biometrics, global-positioning system location and device recognition to confirm a user's identity. The platform can accommodate older mobile phones as well as the newest models.
"Every credit union CEO is worried about two things: their member's online user experience and security," said Daon CEO Tom Grissen. "Daon is proud to have been recognized by CUNA for bringing a solution to their members that addresses these concerns in an elegant and simple way."
Since 2001, the CUNA Technology Council has presented the Best of Show award to the exhibitor that best demonstrates the commitment to delivering technology that furthers product and service growth in the credit union industry. Vendors' products are evaluated according to affordability, potential benefit to credit unions and their members, commitment to open standards, usage by credit unions and company health.