HID Global, the identity security product company, says that it has worked with Temenos, the banking software company, on the features of HID’s multi-factor authentication product that are available to Temenos Infinity users through the Temenos MarketPlace. HID says that its authentication product comes with Temenos Infinity, the digital front office product.
Temenos as used in financial institutions supports digital customers who want mobile and online transactions.
Brad Jarvis, Vice President and Managing Director of the Identity & Access Management Solutions at HID, said: “HID is committed to helping Temenos customers meet today’s extraordinary demand for safe and secure access to mobile and online banking services as a result of the current global health crisis. We are ensuring that Temenos Infinity users can benefit from the broadest range of capabilities in our risk-based authentication solution, from onboarding and transaction signing through self-service and management.”
HID’s ActivID Authentication Platform features the HID Risk Management Solution with real-time risk profiling. Temenos Infinity users now have a range of options for authentication and onboarding, including static passwords, multiple types of One Time Passwords (OTPs) and FIDO hardware authenticators, and mobile push notification using public key cryptography. The HID Identity Verification Service allows digital identity self-service and management.
The need for modern digital banking in this ‘New Normal’ will be greater than ever, said James Holland, Director of Product Security with Temenos. He added: “Temenos is helping banks support today’s surge in digital banking volumes while also ensuring that these interactions are secure at every point, including the consumer’s device where they are initiated. We welcome these new capabilities from HID Global.”
Watch the HID demo and read about integration on the Temenos MarketPlace website.
