{"id":27336,"date":"2015-05-20T00:56:59","date_gmt":"2015-05-20T00:56:59","guid":{"rendered":"http:\/\/ci027cfe79e0082697"},"modified":"2015-05-20T00:56:59","modified_gmt":"2015-05-20T00:56:59","slug":"alphapoint-integrates-2fa-service-clef-for-secure-logins-to-bitcoin-exchanges-1432083419","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/alphapoint-integrates-2fa-service-clef-for-secure-logins-to-bitcoin-exchanges-1432083419","title":{"rendered":"AlphaPoint Integrates 2FA Service Clef for Secure Logins to Bitcoin Exchanges"},"content":{"rendered":"
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AlphaPoint<\/a> has just announced that it is integrating two-factor authentication service Clef into its platform, making it convenient to login securely to more than 20 exchanges that depend on its digital currency exchange technology.<\/p>\n

According to the company, AlphaPoint \u201coffers a white label solution that allows clients to launch their own digital currency exchange in under 20 days.\u201d AlphaPoint has also recently partnered with IdentityMind<\/a> to solve know-your-customer and anti-money laundering compliance issues.<\/p>\n

No more passwords, no more tokens<\/strong><\/p>\n

Security has always been an important focus in the digital currency world, but high-profile hacks of several exchanges have only heightened these concerns. Clef, which has already integrated its authentication service into more than 64,500 websites, also works with Apple\u2019s Touch ID technology on iOS devices. This allows users to sign in using biometric authentication, increasing the difficulty to compromise an account secured this way.<\/p>\n

Typically, two-factor authentication (2FA) requires users to remember a number shown to them through an app or device and enter it into a login page. Clef automates this process by using the phone\u2019s camera and an animation called the Clef Wave; the phone seamlessly syncs with the computer and logs the user in. The service is readily available for iOS and Android, and can be downloaded for free on the App Store or Google Play.<\/p>\n

\u201cWe take security extremely seriously and are always looking to leverage the latest solutions for our exchanges and their users,\u201d said AlphaPoint CTO Joe Ventura. \u201cWe\u2019re very excited to offer Clef\u2019s robust, intuitive solution and believe it will help ensure more traders use 2FA to protect their accounts.\u201d<\/p>\n

2FA from the future<\/strong><\/p>\n

While relatively new in the digital currency ecosystem, Clef has already announced deals with major players such as Koinify, a marketplace for decentralized applications, and Ziftr, a service that allows shoppers to use credit cards and bitcoin seamlessly. When asked about AlphaPoint, Clef CEO Brennen Byrne said, \u201cThey also have huge reach into bitcoin so it\u2019s exciting to work with them and help make 2FA on their client exchanges more accessible and user-friendly.\u201d<\/p>\n

It is this ease of use that is Clef\u2019s major advantage over other 2FA solutions such as receiving a second code via SMS. Traditional forms of 2FA see fewer than 1 percent of users opt in to protect their accounts, but Clef claims that sites using its service have seen more than 50 percent of their users opt in to safer login.<\/p>\n

The company offers five packages for security, ranging from a free service without premium features for unlimited logins and users to an enterprise solution with fraud and usage metrics and dedicated support.<\/p>\n

MeXBT, a Mexican-based exchange, will be the first AlphaPoint exchange to use the new integration, followed by Brazilian FlowBTC<\/a> and Barbados-based Bitt<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

AlphaPoint has just announced that it is integrating two-factor authentication service Clef into its platform, making it convenient to login securely to more than 20 exchanges that depend on its digital currency exchange technology. According to the company, AlphaPoint \u201coffers a white label solution that allows clients to launch their own digital currency exchange in […]<\/p>\n","protected":false},"author":3599,"featured_media":27335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2499,357],"class_list":{"0":"post-27336","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-alphapoint","9":"tag-exchanges"},"author_data":{"id":3599,"name":"Walid Dib","nicename":"walid-dib","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/walid-dib-promo-image-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/alphapoint-integrates-2fa-service-clef-for-secure-logins-to-bitcoin-exchanges.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/27336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3599"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=27336"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/27336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/27335"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=27336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=27336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=27336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}