Open Banking
Avoco provide the tools to assure transactions and create verified and trusted IDs for 38+ million people in the UK using Open Banking
Avoco Open Loop Identity Network Layer
Avoco’s API and scripting rules engine work in harmony to provide the framework for a dynamic identity ecosystem
Technology
Avoco are changing the way that assured digital identity can be used in online transactions.
G-Cloud 12
Avoco is now avalible on G-Cloud 12
Provides hub/identity network services for federation of identities to access online services, protocol translation across SAML, OpenID Connect, and OAuth. Included is an attribute brokers and uplift ID accounts to higher assurance or supply user consented data sharing.
WHAT WE DO
We provide
creative technology to help you build identity ecosystems
Digital identity is no longer a single, static, object. Modern digital identity systems must be fluid, cross domain, expandable, and instantly modifiable. Identity is about conectivity; Avoco’s collection of discrete APIs, can be orchestrated into applications through configuration. Avoco connects the identity ecosystem components using an OPen Loop Identity Network Layer. This connects customers and business associates.
Avoco provides the framework and tools to deliver this identity ecosystem; assured, verified, privacy-enhanced identity services are Avoco’s domain.
Avoco Open Loop Identity Network Layer
Avoco is a leading provider of identity management and data orchestration solutions. Our Open Loop identity technology enables businesses and organizations to connect, secure, and manage identity and data ecosystems; using an open loop approach to building identity ecosystems, a business can enable seamless, assured, and privacy-enhanced transactions.
Our open loop toolkit allows for the translation, mapping, bridging, and extending of identity protocols and solutions, supporting SAML, OpenID Connect, OAuth, DIDs, and more. We offer support for event-driven transactions, user consent, and can support both centralized and decentralized eWallets.
Our solutions are scalable, secure, and low cost, and can be hosted in the cloud or on-premises. We are recognized as “Outstanding in Identity Attribute Collection” by Kuppinger Cole, and are now available on G-Cloud 12.
Leverage the power of Open Banking and trusted third-party identities to drive innovation and transform your business with Avoco.
Open Banking – The answer to reducing fraud and streamlining access to government services
Government services have been on a roller coaster ride for years now as technologies come and go. This situation is not unique to the UK. Government bodies across the world are actively trying to tackle the issues of customer engagement using identity tools. In the UK, even with the efforts of Verify, we still have…
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Avoco Open Loop technology
The open loop approach ensures that the transaction is based on the following:
• What data is chosen and from where? Or,
• If these data require augmentation using verification services or,
• If additional sources of data are needed to build up a comprehensive
Our framework system porvides all of the tools needed to spin up an ecosystem.
Contact us about Open Banking identity orchestration.
KEEPING YOU UP-TO-DATE
Latest news from Avoco
How an Open Loop Identity Network Can Harden VRPs Against Fraud
When a new technology or process appears, you need something distinct, uncomplicated, and beneficial to prove the point. Open banking is an example of a disruptive force that looks set[…]
Read moreThe case for an open loop identity system
Lessons for identity from real-time payments and mobile wallets Ask anyone in the digital identity world, and invariably they will say that identifying someone to do a transaction is complicated.[…]
Read more
Avoco advises on the Scottish Government’s digital identity programme
Avoco Secure began work on the initial one-year project in February 2022 with an option for further extensions. A key commitment within Scotland’s Digital Strategy is the introduction of a[…]
Read moreContact us
Get in touch to find out how the Avoco Open Loop Identity Network Layer can build your own connected ecosystem
Get in touch
Address:
Avoco Secure limited
7th Floor
16 St. Martin’s-le-grand
London EC1A 4EE
Registered Office, Company No: 04778206
Phone:
+1 415 839 9433
+44 207 078 7454