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NK-52-2016

Next generation authentication for the digital age

Total Cost €

EC-Contrib. €

Partnership

Views

Outcomes and
results

NK-52-2016 project word cloud

Explore the words cloud of the NK-52-2016 project. It provides you a very rough idea of what is the project "NK-52-2016" about.

psd2 eidas scalable economist banks notakey 2018 meet services expensive slow 500 payment protecting ec easily libraries made billion data cybercrime directive suboptimal crypto sensitive market modern solutions 2015 mfa authentication payments revised industries rocketing

Project "NK-52-2016" data sheet

The following table provides information about the project.

Coordinator	SIA NOTAKEY Organization address address: GANU IELA 3-12 city: RIGA postcode: 1010 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Latvia [LV]
Project website	http://www.notakey.com
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.3.7. (Secure societies - Protecting freedom and security of Europe and its citizens) 2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
Code Call	H2020-SMEINST-1-2016-2017
Funding Scheme	SME-1
Starting year	2017
Duration (year-month-day)	from 2017-04-01 to 2017-09-30

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	SIA NOTAKEY SIA NOTAKEY Organization address address: GANU IELA 3-12 city: RIGA postcode: 1010 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	LV (RIGA)	coordinator	50˙000.00

Map

Project objective

The cost of cybercrime is rocketing—to $500 billion in 2015 according to The Economist. This is why European Commission introduced the Revised Directive on Payment Services (PSD2) to implement strong two-factor authentication for payments before 2018.

There are already several MFA solutions on the market, however they are suboptimal - expensive to implement, slow to use and do not meet requirements for PSD2, eIDAS and modern EC-funded approaches to crypto libraries.

Notakey allows banks to implement a strong and scalable multi-factor authentication. The technology is made in a way that it can easily be implemented also in other industries, where there is need for protecting sensitive data.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "NK-52-2016" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

The information about "NK-52-2016" are provided by the European Opendata Portal: CORDIS opendata.