HID Global, a global provider of trusted identity solutions, is at the Temenos Community Forum 2018 Conference this week showcasing the company’s work with its growing ecosystem of fintech partners. This includes collaborating with fellow Temenos partner Fiorano Software to enable a variety of new data-driven and more customer-centric financial services that deliver a seamless user authentication experience.
“The fintech revolution is accelerating innovation and creating exciting new services that require customer data to be more accessible, yet better protected than ever before,” said Olivier Thirion de Briel, Global Solution Marketing Director - Financial Institutions, IAM Solutions, HID Global. “These services will be under unprecedented regulatory scrutiny, and HID Global is working with some of the industry’s top banking solution providers to add the critical authentication and compliance capabilities that bring trust to transactions while improving the customer experience.”
HID Trusted Transactions Solution made of the addition of HID Risk Management Solution and HID Global’s Multi-Factor Authentication portfolio, allows customers to strengthen security
HID Trusted Transactions Solution
As financial institutions comply with ‘open banking’ requirements to make their customer account information and payments available to fintech firms via their APIs, offerings like HID Global’s award-winning HID Risk Management Solution enable them to confidently embrace new service innovation opportunities.
HID Trusted Transactions Solution made of the addition of HID Risk Management Solution and HID Global’s Multi-Factor Authentication portfolio, allows customers to strengthen security ‘silently’, without inconveniencing users. With this and other solutions, HID Global is collaborating on a wide variety of new fintech products with partners like Fiorano Software.
Using Data Intelligence For Protecting Data
Fiorano Software, a Silicon Valley corporation, is a trusted provider of Digital Business Backplane, Enterprise Integration Middleware, API Management and a PSD2 solution. Fiorano’s API management solution, coupled with HID Global’s Trusted Transactions Solution, offers a turnkey solution for banks and third-party providers to ensure PSD2 compliance. HID Global brings to the solution frictionless and adaptive authentication that uses data intelligence to protect consumer data used by third parties.
HID Global has also created a rapid-response support organization for banks and financial service providers that leverages its experience combatting digital banking threats and streamlining regulatory compliance across evolving use cases. This team helps customers build sustainable success strategies for an open banking era in which financial institutions now have the opportunity to become the central point of trusted identification and authentication in today’s digitally connected world.
HID Global’s offering includes multi-factor authentication products that protect users’ IDs, transactions, devices and accounts
Multi-factor Authentication Products
HID Global’s offering includes multi-factor authentication products that protect users’ IDs, transactions, devices and accounts, as well as solutions for secure credential management and digital signing and encryption. Deployment is simplified with a Software Development Kit (SDK) and by leveraging cloud deployment that enables customers to integrate new capabilities into their existing bank apps. All solutions are designed to provide flexible policy customization, robust security and data analytics while creating an audit trail for PSD2, General Data Protection Regulation (GDPR) and other compliance.
HID will demonstrate HID Approve from May 22-24, 2018, in Booth #13 at The Convention Center Dublin (CCD) in Dublin, Ireland.