PingOne Neo gives individuals control of their
digital identities to improve security and privacy
DENVER, March 20,
2023 /PRNewswire/ -- Ping Identity, the intelligent
identity solution for the enterprise, announced early access to
PingOne Neo™, a multi-standards decentralized identity management
solution. Neo improves data security, privacy, and control for
individuals while reducing resource and compliance burdens for
enterprises.
Many digital services require verified information about people
to do business. Neo simplifies getting verified information from a
trusted source via verifiable credentials, whether that source is
inside or outside of the organization. Organizations can now verify
without complex, expensive back-end integrations that increase each
organization's attack surface. Neo reduces the possibility of
identity theft for individuals and improves security for
organizations by instantly establishing trust with individuals
based on their digital credentials.
"Organizations spend significant time and money obtaining and
verifying information from customers and employees, then attempt to
determine access, entitlements, and authorizations to remain secure
and compliant," said Andre Durand,
CEO and founder of Ping Identity. "Neo eliminates the manual
resource burden from businesses while empowering individuals with
their own data, reducing threats of fraud or identity theft while
increasing privacy."
Decentralized identity reduces the possibility of transaction
fraud and account takeovers by helping ensure the person behind the
credential is who they claim. With Neo, a person requests a
verifiable credential from an organization that is
cryptographically signed and verifiable. The verifiable credential
is then added to the person's digital wallet and can be shared with
the business that requires it. The individual is in complete
control of what information gets shared.
PingOne Neo is a component of an open and interoperable platform
that supports popular decentralized and other identity standards
from the World Wide Web Consortium (W3C), the OpenID Foundation,
and the International Organization for Standardization (ISO). Ping
Identity is also a key contributor to the Open Wallet Foundation
Initiative (OWF) which supports interoperability between digital
wallets through open-source software.
Get Early Access to PingOne Neo and explore more benefits
in the solutions brief or datasheet.
About Ping Identity
At Ping Identity, we believe in
making digital experiences both secure and seamless for all users,
without compromise. That's digital freedom. We let enterprises
combine our best-in-class identity solutions with third-party
services they already use to remove passwords, prevent fraud,
support Zero Trust, or anything in between. This can be
accomplished through a simple drag-and-drop canvas. That's why more
than half of the Fortune 100 choose Ping Identity to protect
digital interactions from their users while making experiences
frictionless. Learn more at www.pingidentity.com.
Ping Identity Media Relations
Megan Johnson
press@pingidentity.com
757.635.2807
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SOURCE Ping Identity Corp.