B-FY stops online ID fraud/cybercrime, without needing passwords, passkeys, online biometrics, or multifactor identities.
Online ID fraud/cybercrime can never be stopped when continued access is given to identified identities (tools instead of humans). It is impossible for these identified tools that are given access to identify online operators who always remain anonymous and therefore can be any cybercriminal on the planet at any online transaction.
Just like the cybercriminals that empty your account with your credit card credentials are never identified either. This is why we always find out too late, when damage is already done, money is already gone, or the unmanned security gates trespassed.
Also, this is the reason behind the ever-increasing loss of 10.5 trillion dollars per annum —and why cybersecurity firms, IT giants, and governments are still being hacked on a regular basis.
B-FY changes the access protocol by giving access to identified individuals only, whereby impersonation or hacking by ID fraudsters/cybercriminals becomes impossible. The user-friendly B-FY transactions can be completed in less than three seconds.
Founder and Chief Innovation Officer at B-FY