AT&T, Sprint, T-Mobile and Verizon announced in March their plans for a new authentication platform for the iPhone and other mobile devices. The Big Four have now announced a name for it, “Project Verify.”
The Mobile Authentication Taskforce, consisting of wireless carriers Verizon, AT&T, Sprint and T-Mobile, announced that its effort to prevent fraud and data breaches has a name, Project Verify.
“It’s time for a comprehensive solution that reduces friction, combats fraud, and builds trust. The Mobile Authentication Taskforce is building that solution now,” the website says.
“The Project Verify solution will change identity management and security, replacing passwords with more secure, device-based, multi-factor authentication,” the task force said. “Consumers will be in the driver’s seat, choosing what information they share. They simply log in with their mobile device — Project Verify does the rest.”
No specific date has been announced as to when the new authentication technology will be available, or how exactly it will work. A new video discusses the program, but only in broad strokes.