Transforming Financial Services IAM with Biometric Authentication

Presented by

John Spencer, Chief Product Officer, Veridium | Ross Penny, Global Head of Sales Engineering, Veridium

About this talk

Financial services have always done identity management. It began as the teller or manager knowing each customer. Next came signature matching, passbooks, and – if you had a lock box in a vault – a key. These systems were inflexible and inconvenient on purpose. With the advent of the computer age, these organizations simply adopted the digital analogs of these physical systems: PINs and passwords. These increased flexibility – a customer or employee could access an account at any time from practically anywhere – but sacrificed security for the sake of convenience. To be secure, PINs and passwords need to be long, complex, and changed regularly: Three things customers have no interest in. Today, identity management is undergoing a revolutionary change as biometrics allow companies to combine the convenience people want with the security that both people and organizations need. Learn how three financial services companies from across the world, a private investment firm, a prominent Swiss bank, and a major trading organization, have deployed a biometric authentication platform as part of their identity and access management strategy. Veridium’s Chief Product Officer, John Spencer, will explore the key factors that make up a secure biometric authentication platform, and Global Head of Sales Engineering, Ross Penny, will discuss the details of deploying within different environments. In this webinar we’ll discuss: • Using enterprise-ready solutions to replace passwords with multi-factor biometric authentication – including 4 Fingers TouchlessID, face recognition, and touch recognition – for employee and customer access. • Maintaining a highly secure-yet-convenient user experience across any channel: ATM, app, and personal computer. • Providing users with fast, easy, and seamless enrollment and verification.

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Veridium is a leader in single-step multi-factor biometric authentication, designed to safeguard enterprises’ most critical assets: Their employees and data. The most common attack method that hackers exploit remains weak credentials. Passwords and tokens are flawed. That’s why Veridium has assembled an all-star team of developers and computer scientists with a singular mission: Eliminate passwords and tokens completely. Instead – your face, your fingerprints, and your voice are your credentials. Isn't it time you made the switch?