Press

Udynamix Joins The NayaOne Marketplace

April 12, 2023

Amrit Satpathy

Ecosystem Manager

Udynamix has joined the NayaOne Marketplace. Udynamix’s Dynamic User Authentication (DUA) solution has been tested with several hundred users, proving more effective at preventing data breaches and ransomware attacks than MFAs is now accessible to a diverse range of financial institutions through NayaOne’s Digital Transformation Platform.

Udynamix offers a unique user authentication solution. Unlike the traditional static passwords, its patented DUA solution provides an unparalleled level of security that is highly effective at preventing data breaches.

The DUA solution is based on a Variable Password Phrase or Cipher that is a unique combination of multiple variables and operators. This creates a constantly changing passphrase that is virtually impossible to crack. The best part is that this system never stores any passwords, only the algorithm. Therefore, there is no risk of password theft or hacking.

With its DUA solution, new variables and combinations can easily be created to match organisation’s industry or internal processes. With specific rules in place to limit multiple attempts, thus eliminating brute force attacks from external cyberattacks.

The company’s time-tested DUA solution is more effective in preventing data breaches and ransomware attacks than Multi-Factor Authentication (MFA) and other industry benchmarks. With Udynamix, financial institutions, SME or SMBs are rest assured that their data is highly secure.

With access to Udynamix’s solution, banks can automate authentication processing, such as:

➢ User-defined passcode settings, as opposed to website dictated

➢ Dynamic variables, as opposed to static passwords

➢ Unpredictable factors that are not reusable

➢ Device independence, not requiring MFA

➢ Immunity against MITM attacks

We recently onboarded our Dynamic User Authentication (DUA) solution to the NayaOne marketplace, and the experience was seamless. With NayaOne, we have been able to reach a wider audience and expand our customer base. Nayaone & Udynamix now brings Dynamic User Authentication to your World through NayaOne’s Digital Transformation Platform.

Ram Mohan

Board Member, Udynamix

We're excited to welcome Udynamix to the marketplace. They provide companies with a streamlined authentication solution that is a game-changer in the industry solution. With Udynamix’s solution, financial institutions can avoid financial liability which occur from hacks, often followed by public relations nightmares and lowered consumer trust.

Oli Platt

Product and Marketplace Manager, NayaOne

About Udynamix

Udynamix offers user authentication solution called Dynamic User Authentication (DUA). Unlike traditional static passwords, their patented DUA solution provides an unparalleled level of security that is highly effective at preventing data breaches. Their DUA solution is based on a Variable Password Phrase or Cipher that is a unique combination of multiple variables and operators. This creates a constantly changing passphrase that is virtually impossible to crack. The Udynamix system never stores any passwords, only the algorithm. Therefore, there is no risk of password theft or hacking.

Join our marketplace now

Our marketplace is the launching pad your fintech needs to connect with leading financial institutions and amplify your reach. Sign up now and start showcasing your solutions to those who need them most.