Brings UbID to connects apps

Step into future with Your Own Secure ID

Protect Your Users, Enhance Privacy, and Own Your Data with Unbreakable ID Decentralized Web Node's Cryptographic Solutions.

Add a Unbreakable ID Web Node to your application
Banking Sector
- Identity Fraud Rate: transactions rate from 1.27% in 2022 to 2.1% in 2024.

- Financial Impact: The average cost of fraud for institutions (assets > $5 billion) rose by 65%, from $2.3 million in 2022 to $3.8 million in 2023.

-Types of Fraud: synthetic identity fraud, account takeover, and unauthorized transactions.

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Fintech Sector
- Fraudulent Activities: vulnerable due to their reliance on digital onboarding and virtual transactions.

- Financial Losses: significant losses due to unauthorized transactions and social engineering scams.

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Neobank Sector
- Fraud Rate: higher fraud rate compared to traditional banks, with a reported 0.30% fraud rate compared to the historical average of 0.15% seen in credit card companies.

- Financial Impact: substantial financial losses, with one major neobank in Europe losing over €10 million due to account takeover and new account fraud in the past year.

- Vulnerabilities: particularly susceptible to identity theft and account takeover due to their virtual onboarding processes and lack of physical branch networks.

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Emerging Threats
- AI-Powered Fraud: The rise deepfake-related fraud and synthetic identity fraud.

- Geographical Impact: Certain regions, such as Pennsylvania in the US, have reported higher fraud rates, with Pennsylvania recording a 16.62% fraud rate.

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The Rising Threat of Identity Fraud

The Problem

Digital applications relying on outdated 1990's authentication technologies are increasingly susceptible to identity fraud. Fintech companies, neobanks, and traditional banks are experiencing significant financial impacts. Data is controlled by these antiquated applications, leading to vulnerabilities and inefficiencies.

Innovate with Unbreakable ID

Our Solution

Our state-of-the-art cryptographic technology allows customers to own and manage their personal data securely. Easily integrates with existing applications to enhance security and privacy. Aggregating our product drastically reduces identity fraud risks.

  • User Data Ownership: Empower your customers to control their personal information.

  • Increased Security: Advanced cryptographic methods ensure data integrity and protection.

  • Privacy Enhancement: Upgrade your application’s privacy features with our cutting-edge technology.

  • Financial Impact: Minimize potential fraud costs and safeguard your business.

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Now
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Unbreakable ID

Real-World Applications

Use Cases

Showcase success stories where our product has significantly reduced fraud.

Example of Miamicity Fintech
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UbID Interoperable with Applications

Ready to Revolutionize Your Authentication?

Be the next success story—request a demo now. Reach out to join the revolution in digital security.

Start Integrating UbID to your App

Whether you are evaluating to apply it individually or for an application or institution, start integrating UbID

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