HID's authentication solution and behavioural biometrics integrated with Temenos

Thursday 14 November 2019 12:28 CET | News

HID Global has collaborated with banking software company Temenos to supply it with its risk-based user authentication solution and behavioural biometrics.

The aim of this initiative is to secure digital banking by lowering costs, as well as by speeding up risk-based adaptive authentication, threat detection, and transaction signing on the Temenos platform. The company is incorporating HID’s risk-based authentication solution with Temenos Infinity, its digital front office product, and Temenos Y24 Transact, its core banking product.

Moreover, HID Global’s ActivID Authentication Platform is combined with the HID Risk Management Solution, while the real-time risk profiling tech is included in HID Approve – a multi-factor authentication solution for online and mobile banking. This solution offers security via public key-based cryptography and mobile-based out-of-band transaction signatures. The features of HIG Global’s risk-based authentication products include:

  • Automatically synchronising user profiles when new accounts are created;
  • Handling all authentication administration tasks with Temenos Infinity;
  • Evidence-based threat detection capabilities with behavioural biometrics supported by ML to protect financial transactions.

More: Link

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Keywords: Temenos, integration, HID, risks, authentication, behavioural biometrics, banking, ML, financial transactions, digital banking
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime