Cut fraud
$24.26 billion lost to card and identity fraud worldwide in 2018
We can add value in several areas; access, payment (product and service purchases, one-off and recurring), verified two-way communications, and delivering products.
With the rise of SMS verification and 2FA, telecoms networks have taken on an identity management role they never expected. And these methods have now been revealed as inadequate: breaches lead to unauthorised access of communication channels, and abuse of the system.
At the same time, telcos have to manage daily consumer access, communication with customer services, secure delivery of high-value phones, and monthly charges to a globally growing audience. Things can’t go on as they are.
Nuggets can transform the business of telcos, with a form of verified identity that enables access, control, payment and a new standard of verified communication.
Nuggets verified identity enables access, control, payment and a new standard of verified communication.
$24.26 billion lost to card and identity fraud worldwide in 2018
$331 billion lost or passed up through false positives worldwide in 2018
These make up 42% of retail fraud losses
One biometric verification. No more usernames or passwords at any level
Customers can use various methods, including credit and debit cards or cryptocurrency. Without handing over personal data
Customers earn rewards and value when they choose to share data with you
Trusted and verified transactions mean more payments go through, with more peace of mind for you
Customers can be assured you’re genuine, and can confirm their identity to you
Available on Android and iOS, and across mobile, desktop and multiplatform
Nuggets users build up a trusted profile as they complete transactions. This proves they’re good actors in the network, and their payment methods are good
General Data Protection Regulation (GDPR), Second Payment Services Directive (PSD2), Federal Trade Commission Act (FTC Act) and California Consumer Privacy Act (CCPA)
Easy and secure API and Container integration
You no longer have to question or prove transactions
Do away with weak password, SMS and email verifications
All participants are verified, and a reputation network
Integrate easily with existing products and systems
A courier can deliver a package contact-free, by pinging the customer’s Nuggets app. The customer just verifies their ID biometrically, and confirms the delivery
Nuggets is simply safer. And because there are no usernames or passwords, there’s no chance of anyone accidentally compromising them
As a merchant or PSP, you’re saved the risk and cost of storing customer data
Verified login, payment or ID
Works with businesses' choice of KYC
No possibility of a man-in-the-middle attack
Through the use of open standards W3C Verifiable Credentials (VCs), Decentralised Identifiers (DIDs), DIDComm Messaging (DIDComm), Key Event Receipt Infrastructure (KERI). Nuggets truly enables global interoperability as a Self-Sovereign ID (SSI).
2019 European payment authentication rules (PSD 2)
Nuggets is a white-label identity solution. Deploy it the way that makes sense for you and your customers. It integrates with compliance processes, payments and your customer experience.
Consumer-grade and enterprise-ready.
Nuggets is available on Android and iOS, desktop and multiplatform.
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