Beyond Identity, HYPR, Oloid and OneSpan

About HYPR

HYPR is the Identity Assurance Company, providing passwordless authentication, adaptive risk mitigation and automated identity verification as an end-to-end identity security platform. HYPR founders founded the company in 2014 as the Passwordless Company. HYPR secured $30M in funding from Silver Lake Waterman, indicating it is a privately held, venture-backed company. The platform combines HYPR Authenticate, HYPR Adapt and HYPR Affirm to cover authentication, risk policy and identity verification across the identity lifecycle.^[2]

About Oloid

Oloid sells identity and access tools for deskless workers and shared devices. Oloid says its passwordless authentication is built for deskless workers across manufacturing, healthcare, pharmaceutical, and retail industries. Oloid says it tailors its approach to scenarios where mobile devices aren't permitted, company emails or phones aren't provided, and shared devices are the norm.^[1][2][4]

Oloid's passwordless product provides fast and secure access to shared devices such as PCs, kiosks, tablets, scanners and HMI. Oloid also implements passwordless authentication for operational technology (OT) environments. Oloid can transform existing RFID employee badges and physical access control systems into FIDO2 security keys. For workers who need to reset credentials, Oloid lets them reset passwords with face recognition or RFID/NFC badges, with no need for external devices or IT intervention.^[2][4][5][6]

Oloid Workflows is the company's automation layer for identity processes. Oloid Workflows uses a no-code, visual drag-and-drop editor that allows teams to build automation logic using triggers, rules, and actions. Oloid Workflows integrates with physical access control systems (PACS), HR information systems (HRIS), SSO platforms, IT service systems, and custom applications using connectors and APIs.^[7]

Oloid Aura is an AI agent for help desks. Oloid Aura is a purpose-built AI agent designed to establish employee identity in real time when help desk requests require higher assurance, from password resets to MFA resets, access changes, and sensitive HR updates. When the request risk is higher, Aura can invoke document based ID verification through the customer's preferred vendor, optimized for mobile-first worker experiences.^[2][9]

Oloid describes the industries it serves. Oloid says frontline workers in industries like manufacturing, retail, healthcare, contact centers, pharmaceuticals, pharmacies, and hospitality need fast, secure access to critical applications without the burden of passwords. For contact centers, Oloid provides a passwordless, multi-factor authentication solution based on facial recognition and RFID, removing the need for mobile phones or physical security keys. For pharmaceutical settings, Oloid says it supports regulatory requirements like FDA, GMP, and HIPAA and is 21 CFR Part 11 compliant. For retail, Oloid enables passwordless authentication and MFA using employee ID badges, proximity cards or facial biometrics.^{[10][11][12][13]}

Oloid also states company and customer facts. Oloid says it adheres to SOC 2 and GDPR standards. Oloid describes Tyson Foods, a food manufacturer with over 100,000 frontline workers, as seeing gains in productivity and a reduction in support costs. Oloid says its multi-user device access supports hundreds of users on a single device, for shift workers in high-turnover environments.^{[2][8][14][15]}

About OneSpan

OneSpan sells advanced authentication, fraud prevention and mobile application security products, including the DigipassONE platform, hardware and software authenticators, and app shielding, alongside its OneSpan Sign eSignature and digital agreement offerings. It is publicly traded on NASDAQ under the ticker OSPN.^[1]