Futurae Technologies wins 130’000 Swiss francs at the Venture Kick final

Passwords are often weak and usually reused. Even though several websites provide double stage confirmation of passwords, users do not like such cumbersome processes. Futurae Technologies‘ patented product, named „#Sound-Proof“, is a quick and safe password process.

The future of authentication now available
Futurae Technologies allows users and companies to use the latest IT security. While the user logs himself in, “#Sound-Proof” records the surrounding sounds of two devices (i.e. mobile phone and computer) during three seconds, and compares these data. In comparison with other solutions, this password process does not need any interaction of the user with his mobile device; the phone can stay in one’s pocket. This solution, which allows cost cuttings of 60% for the companies and brings an improved user experience, is attractive for the financial sector, e-commerce, e-health as well as the insurance sector. Futurae already successfully works together with financial market leaders and conducts pilot projects with Swiss banks. After the Swiss market, their goal is to push their expansion in Europe and in the United States, in the coming years. Sandra Tobler, co-founder of Futurae Technologies, is very happy about the success: “Venture Kick is a fantastic program that helps startups at their early stage of development, financially as well as in execution support. The program helped us to concentrate on our product release and market entry.”