HID Global, global provider of trusted identity solutions, has announced that it has collaborated with Temenos, the banking software company, to integrate HID’s risk-based authentication solution with Temenos Infinity, a breakthrough digital front office product, and Temenos T24 Transact, the next generation in core banking.

The joint offering, available on-premise or in the cloud, provides an agile, simplified path to secure digital banking, reducing the time and cost of delivering risk-based adaptive authentication, threat detection, and transaction signing on the Temenos platform. As part of the integration, HID Global’s authentication solution can now offer self-service functions to over 3,000 Temenos customers through Temenos MarketPlace.

Temenos MarketPlace

Temenos MarketPlace serves as an online store, where Temenos curates the most innovative fintechs

Temenos MarketPlace serves as an online store, where Temenos curates the most innovative fintechs and connects them with financial institutions from around the world. HID Global’s authentication solution for Temenos customers combines its ActivID Authentication Platform with the HID Risk Management Solution featuring real-time risk profiling technology.

It also includes HID Approve, a next-generation multi-factor authentication solution for online and mobile banking customers. HID Approve combines the security of public key-based cryptography and mobile-based out-of-band transaction signatures with the convenience of mobile push notification.

HID Approve public key-based cryptography solution

HID has partnered with Temenos for more than a decade to provide solutions for nearly 100 banks worldwide,” said Brad Jarvis, Vice President and Managing Director of Identity & Access Management Solutions (IAMS) with HID Global.

Brad adds, “This latest collaboration streamlines banks’ ability to implement advanced user authentication services with Temenos Infinity and Temenos T24 Transact. The pre-configured integration makes it easier than ever for Temenos customers to deploy out authentication tools without any customized development.

Risk-based authentication

HID Global’s three plug-and-play components for risk-based authentication are tightly integrated with Temenos Infinity and Temenos T24 Transact. They provide several key capabilities that enable existing financial institutions and new digital startups to better facilitate secure digital banking:

  • User profiles are automatically synchronized to the multi-tenant HID Authentication service when new accounts are created in Temenos T24 Transact.
  • Administrators manage user authentication in Temenos Infinity. The solution handles all authentication administration tasks including management of the user device and credentials, in addition to displaying user authentication events and audit logs directly within Temenos Infinity.
  • The HID Risk Management solution enables customers to protect their financial transaction systems and banking applications using a combination of evidence-based threat detection capabilities with behavioral biometrics supported by machine learning.

 Countering rapid increase in cases of financial fraud

Banks need to protect their customers as well as retain them and improve trust"As more and more customers bank through digital channels, incidents of fraud naturally increase and the ramifications to both bank and consumer can be massive,” said Adam Gable, Product Director – Financial Crime Mitigation, Treasury and Risk, Temenos, adding “Banks need to protect their customers as well as retain them and improve trust. Using a combination of innovative technologies and techniques, HID’s risk-based authentication solution means customers benefit from improved security at the source of the financial transaction – the device.

Adam further stated, “The solution is a great addition to the Temenos MarketPlace, pre-built to work with the cloud-native and cloud-agnostic Temenos Infinity and Temenos T24 Transact. With this integration, Temenos customers will benefit from reduced cost and complexity of integration, while gaining access to a greater variety in security options.

Multi-Tenant HID Authentication Service

We are very excited to see our long-standing relationship with HID further strengthened with the introduction of this risk-based user authentication solution,” said Paul Roberts, Director – Temenos MarketPlace. “In today’s digital banking world, this solution brings essential protection and additional peace of mind for both banks and their customers.

The multi-tenant HID Authentication Service includes interoperable Application Programming Interfaces (APIs) to allow for standard integrations with third-party software and supports easy scalability, testing and deployment.

Share with LinkedIn Share with Twitter Share with Facebook Share with Facebook
Download PDF version Download PDF version

HID Global news

ISC West 2019 Day Two: Explaining The New And The Tried-And-True

There are many new technologies at ISC West this year. There are also some tried-and-true solutions on display. More mature products have the benefit of being fully vetted and battle-tested, which may make them a more comfortable choice for security customers. I had a couple of discussions on Day 2 of the show about the advantages, and possible drawbacks, of new products. “To a security director, when you say ‘new,’ he translates that into ‘risk,’” says Bill...

Mail.Ru Selects HID Global For Enabling Secure Access Control Using Smartphones

HID Global, a trusted identity Solutions Company announced that Mail.Ru has chosen its HID Mobile Access solution for secure and convenient access control using smartphones and other cellphone devices. Need for access control Mail.Ru reaches over 91% of all Russian internet users via its mail platform and social networks. The company has more than 7,000 employees and a high volume of visitors to its Moscow offices, necessitating an access control solution that provides best-in-class secur...

Genea Officially Joins HID Global’s Advantage Partner Program

Genea Energy Partners, Inc. (Genea), a Software-as-a-Service (SaaS) company specializing in cloud-based building technology systems, announced its partnership with HID Global through its participation in the HID Global Advantage Partner Program. The program provides Genea optimal integration of its non-proprietary Access Control system with HID Global’s physical access control cloud platform, HID Origo. “HID Global has been and continues to be a trusted partner in the identity...

HID Global case studies

HID Global Civil Registry Solution Advances Antigua And Barbuda’s Transformation To A Digital Society

HID Global, an identity solutions company announces that Antigua and Barbuda have deployed HID® Integrale™ for CRVS to modernize the country’s civil registry system. The solution helps the country embark on a digital transformation by enabling the secure registration and reporting of life events of residents and visitors, and offers a single, true source of verifiable identity information. The Government of Antigua and Barbuda (GOAB), the Ministry of Information, Broa...

HID Global Deploys Its Secure HID Integrale End-To-End Solution For Libya’s First Diplomatic And Special ePassport Program

HID Global, the globally renowned company in trusted identity solutions, has announced that it has deployed the government of Libya’s first diplomatic and special ePassport program. HID Integrale HID Global provided Libya’s Ministry of Foreign Affairs (MOFA) with HID Integrale, a secure end-to-end solution that expedites the application and issuance processes and manages the entire ePassport lifecycle. For improved security, the redesigned and modernized booklets include a durable...

Access IS Delivers Contactless Transit Payment Solutions For Storstockholms Lokaltrafik To Secure Stockholm’s Public Transport

Access IS, part of HID Global, is delighted to celebrate the successful launch of contactless payments across the Stockholm region by SL (Storstockholms Lokaltrafik). Building on the successful mass deployment of Access-IS ticket readers and validators back in 2019, the latest upgrade to the system sees Access-IS devices in train gates and ticket offices as well as bus mounted validators being upgraded to permit full cEMV contactless payment capability. Contactless ticketing Ticket reading is...