“Scammers are targeting banking customers in India with a new type of phishing attack by impersonating internet banking portals, the country’s cybersecurity agency has warned. Indian Computer Emergency Response Team, or CERT-In, issued an advisory…” – August 2021

“CERT-IN has reported that a total number of 3.94 lakh, 11.58 lakh, and 6.07 lakh cyber-security incidents were reported during the years 2019, 2020, and 2021 (up to June)”


The solution

Precision’s InnaITKey Phone-as-a-Token. A unique, secure solution that combines native biometric authentication on smartphones and soft tokens to provide robust Passwordless Identity Authentication, Transaction Authorization and Signing, while enhancing user experience and reducing costs incurred by banks.

Highly Secure

Highly Secure

Uses smartphone’s native
biometric sensors – fingerprint or
face, for user authentication

Generates & exchange soft-token
to protect communication between
the user device and bank servers

Highly Secure

Enhanced User Experience

Enables password-less
authentication by eliminating the
need for password, captcha, OTP

Frictionless & convenient user

Highly Secure

Eliminates Recurring Costs

Eliminates recurring OTP – SMS costs for the bank

Enables significant savings