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Digital fraud has evolved rapidly in recent years. As organisations continue to digitalise services and operations, cybercriminals have increasingly focused their efforts on compromising identities and stealing credentials.
Today, credential theft and user manipulation have become some of the most common methods used to gain access to systems, data and critical operations.
At the same time, the volume of attacks continues to increase. According to the Check Point Threat Intelligence Report 2025, organisations experience an average of 8,818 cyberattack attempts per week, significantly above the global average.
This environment highlights a growing reality: password-based authentication models have become one of the most vulnerable points in digital security.
To address this challenge, B-FY and Techcore Solutions have announced a strategic partnership aimed at advancing a passwordless authentication model based on decentralised biometric identity.
B-FY’s technology links a user’s real physical identity to each digital or in-person transaction through decentralised biometrics, ensuring that biometric data always remains on the user’s device.
This approach eliminates the risks associated with centralised repositories of credentials or sensitive information.
In addition, B-FY’s three-layer authentication model protects against today’s most common attack vectors, including:
A partnership focused on strengthening identity security
Techcore Solutions specialises in digital infrastructure, cybersecurity and technology transformation for organisations across multiple industries.
According to Fernando Ramos, Regional Commercial Director at Techcore Solutions:
“Digital identity is now one of the most critical assets for organisations. Through this partnership, we aim to bring the market a technology capable of protecting both people and businesses against increasingly sophisticated threats.”
Through this collaboration, both companies are promoting an Authentication as a Service (AaaS) model that enables organisations to securely verify identities, eliminate passwords and deliver safer, frictionless digital experiences.
Want to learn more? Request a free demonstration here