Vality’s solution helps stop CNP Fraud, False Declines & ATOs

New York, February 21, 2023 – Vality Corporation, the unique software provider of authentication and verification technology for securing payments and digital data elements, today announced its Vality Keyless AuthenticationTM service to stop fraudulent transactions.

After significant R&D work that leveraged two US patents and a sizeable number of industry/customer interviews, Vality is launching a high impact CNP fraud reduction merchant service. Now merchants can protect against the growing Fraud Threat and the near-term Quantum Computer threat. This is Vality’s initial service offering, but other services are already in the R&D stage of production.

This Vality Keyless AuthenticationTM service is a breakthrough and is additive to existing fraud reduction approaches that only stop about 50% of today’s fraud. Pilot discussions are underway with top merchants and top payment processors to employ this exciting new payment industry service.

“Payment industry is facing two immediate problems, uncontrolled increase in fraud, and the looming threat of Quantum Computing attacks,” said Mansour A Karimzadeh, Vality co-founder and President: “Our Vality Keyless Authentication brings to market a new level of technology to stop fraudulent payments”.

The technology is based on quantum randomness that cannot be reverse engineered or broken by brute force. The implementation of the Vality Keyless AuthenticationTM service offers a dynamic platform that can continuously change the credentials and keep the system one step ahead of hackers. In addition, Vality can reduce false declines, thus potentially retaining valuable existing customers.


Vality Corporation, merging value and identity, was founded in 2020 and is headquartered in New York ( Vality is the unique software provider of device identity and user authentication software based on new technologies patented by Professor Gideon Samid, a former NASA engineer and distinguished faculty member of the Computer Science Department at Case Western Reserve University.

The Vality Keyless AuthenticationTM service is designed for use by E-commerce merchants, card issuers and processors to detect and block fraudulent payment transactions before they are approved. The Vality software does not use digital keys or encryption, but instead quantum randomness that makes the software Quantum Computing resistant.

Contact Vality for a demo:

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