News

Oxbury Bank to deploy HYPR's solution for biometric onboarding

Tuesday 1 December 2020 12:59 CET | News

Mobile ID World has reported that Oxbury Bank is the first bank in the UK to turn to HYPR for passwordless security. 

Via this, the financial institution will deploy HYPR’s Passwordless Customer Authentication solution for customers using its OxP banking platform on iOS and Android devices.

Oxbury provides services that are tailored to the unique needs of farmers and other people in UK’s rural economy. It offers specialised products like Farm Credit and Farm Loans. HYPR’s platform offers passwordless multi-factor authentication and verifies people’s identities with smartphone biometrics and public-key encryption.

The bank will leverage HYPR to speed up customer onboarding and authentication, and it hopes that the HYPR solution will allow it to spend less time worrying about security and more time focusing on its customers.


More: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Oxbury Bank, HYPR, biometrics, onboarding, partnership, banking, security
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime