Strengthening the Security of Private Banking Clients through 2FA
Customer
Leading European Private Bank
Industry
Financial Services
Size
 100,000 employees
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Challenge
Internet banking channel to serve private banking clients in Asia Pacific region while complying with the security guidelines outlined by central banks, including:
1) Two Factor Authentication
2) End to End Token Management
Solution
• AccessMatrix Universal Authentication Server (UAS) VASCO Token Management Module as the standard authentication and management platform
• Provides full life cycle token management and administration
Results
• Complies with a local regulatory mandate
• Promotes confidence and integrity of high net-worth clients’ access
• Convenient yet secure authentication risk-based approach for internal and external users
• Permits cross-business unit usage for authentication devices, enhancing users’ experience and reduces cost of management