Aton Launches 'TrustIn', Cloud-Based SaaS Authentication Service

[Asia Economy Reporter Jang Hyowon] Fintech security company Aton (CEO Kim Jongseo) announced on the 20th that it has launched ‘trustin,’ a cloud-based Software as a Service (SaaS) authentication service. This expands the service delivery method by utilizing cloud servers from the previously provided on-premise solutions for the financial sector.

Following the government’s recent announcement of the ‘Digital New Deal’ and the financial authorities’ recognition of the importance and ripple effects of cloud technology, along with continued policy support, Aton developed a SaaS-type authentication service leveraging the cloud. Now, not only financial institutions and fintech companies but also general organizations can strengthen user authentication and security in developing innovative services and providing customized customer services.

Aton trustin is a solution that offers security and authentication services such as OTP on the cloud in the form of an open Software Development Kit (SDK). In addition to user authentication services, it is equipped with fraud detection features that compare values such as device validity, location, and network in real time to enhance security. It also features white-box encryption technology, providing the same level of security as that offered by Korea’s top-tier financial institutions. Aton plans to further advance and expand authentication services such as in-app or app-to-app push, email OTP, and QR codes.

Moreover, it can be applied to various platforms and operating environments requiring non-face-to-face user authentication, and since the servers are hosted on Amazon Web Services (AWS), no separate system construction or installation is necessary.

Adopting organizations can download the trustin SDK and apply it immediately without changes to their system environment, resulting in low initial adoption costs and easy maintenance and management, making it suitable for small and medium-sized enterprises or institutions struggling with security system construction.

Additionally, as a subscription model where companies pay according to usage, it reduces cost burdens and allows efficient establishment of authentication systems, which is expected to provide cost-saving effects for companies planning open banking services or MyData projects in the future.

Kim Jongseo, CEO of Aton, stated, “We are recognized for our competitiveness in Korea through a wide range of authentication services, including on-premise authentication solutions provided to financial companies, service-type authentication like PASS certificates, and SaaS-based authentication.” He added, “We will continue to develop more innovative authentication services and expand our industrial customer base to maintain our market leadership.”

Meanwhile, Aton has contributed to the digital transformation of the financial sector by providing user authentication services necessary for non-face-to-face transactions for several years. It has secured the private authentication market in the financial sector by supplying ‘on-premise authentication solutions’ to major domestic commercial banks, secondary financial institutions, and securities companies.

Furthermore, together with the three major mobile carriers, it launched the PASS certificate and entered the platform-based ‘service-type private authentication’ market. With the official abolition of the public certificate system, it has attracted attention as the next-generation certificate, surpassing 17 million cumulative issuances within 1 year and 4 months since its launch as of August.