Cut fraud
$24.26 billion lost to card and identity fraud worldwide in 2018
Telco security
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.
The benefits
Nuggets verified identity enables access, control, payment and a new standard of verified communication.
Cut false positives
$331 billion lost or passed up through false positives worldwide in 2018
Cut fraudulent chargebacks
These make up 42% of retail fraud losses
Single sign-on with biometrics
One biometric verification. No more usernames or passwords at any level
Simple, secure payments
Customers can use various methods, including credit and debit cards or cryptocurrency. Without handing over personal data
Loyalty rewards & value
Customers earn rewards and value when they choose to share data with you
More transactions
Trusted and verified transactions mean more payments go through, with more peace of mind for you
Verified two-way communication
Customers can be assured you’re genuine, and can confirm their identity to you
Cross-platform
Available on Android and iOS, and across mobile, desktop and multiplatform
No more risk assessments and credit checks
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
Minimise regulatory and compliance exposure
General Data Protection Regulation (GDPR), Second Payment Services Directive (PSD2), Federal Trade Commission Act (FTC Act) and California Consumer Privacy Act (CCPA)
Simple integration
Easy and secure API and Container integration
Immutable record of transactions, while protecting security and privacy
You no longer have to question or prove transactions
No more insecure 2FA
Do away with weak password, SMS and email verifications
Secure trustless network
All participants are verified, and a reputation network
White label apps and services
Integrate easily with existing products and systems
Contactless delivery, biometrically verified
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
Digital safety without training
Nuggets is simply safer. And because there are no usernames or passwords, there’s no chance of anyone accidentally compromising them
No databases, no data breaches
As a merchant or PSP, you’re saved the risk and cost of storing customer data
Modular integration
Verified login, payment or ID
KYC Agnostic
Works with businesses' choice of KYC
End-to-end Encryption
No possibility of a man-in-the-middle attack
Open Standards
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).
Identity and Payment
2019 European payment authentication rules (PSD 2)
Fully customisable. Easy to integrate. Cross-platform.
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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