Your Palm is Your New Password
Katsh wants to do away with online passwords.
To be clear, this company still wants your personal and financial information to be safe and secure. At its core, Katsh is a financial-technology and security company.
But this startup has come up with what it believes is a better alternative to passwords and two-factor authentication apps. Taking its cue from the recent increase in the use of biometric authentication — when you use your body to identify yourself — Katsh has created technology that enables you to access apps and programs using only your palm.
The company was chosen by VISA as a top fintech startup in the U.S., and the Federal Deposit Insurance Corporation (FDIC) chose Katsh’s team to participate in its digital identity proofing sprint, a program to help companies develop solutions for financial institutions.
Additionally, Katsh was accepted by the University of California, Riverside into its I-Corps program to conduct customer and market discovery tasks with more than forty organizations.