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.