Transaction Secure LLC accuses wearable fitness device company
Transaction Secure holds a patent for a “System and Method for Authenticating a Person’s Identity Using a Trusted Entity.” This represents an advancement over two-factor authentication, the predominant form of digital authentication of sensitive information today, according to the complaint.
The patented system provides “flexibility and a higher degree of certainty as to authenticating that a person is who he/she claims to be” and helps protect against identity theft, ...