HID Global Works with Temenos to Help Banks Meet Heightened Demand for Trusted Mobile and Online Transactions

HID Global has announced that it has collaborated with Temenos, the banking software company, to expand the features of HID’s multi-factor authentication solution that are seamlessly available to Temenos Infinity users through the Temenos MarketPlace. HID’s risk-based authentication solution is pre-integrated with Temenos Infinity, the digital front office product.

Temenos is used in more than 3,000 financial institutions and supports the digital transformation of banks worldwide, serving customers who increasingly want a mobile and online transaction experience.

“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,” said Brad Jarvis, vice president and managing director of the Identity & Access Management Solutions with HID Global. “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.”

Additional Capabilities

HID’s offering supports the latest Temenos Infinity capabilities through its HID ActivID® Authentication Platform featuring the HID Risk Management Solution with real-time risk profiling technology. Temenos Infinity users now benefit from the following HID multi-factor authentication features as they serve their customers through digital channels:

  • Wide 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 leveraging public key cryptography.
  • Pre-integrated HID Identity Verification Service capabilities that simplify and enhance digital identity self-service and management while increasing administrative visibility.

“As the leader in banking software, we know that the need for modern digital banking in this ‘New Normal’ will be greater than ever,” said James Holland, director of product security with Temenos. “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.”

Featured

  • From Surveillance to Intelligence

    Years ago, it would have been significantly more expensive to run an analytic like that — requiring a custom-built solution with burdensome infrastructure demands — but modern edge devices have made it accessible to everyone. It also saves time, which is a critical factor if a missing child is involved. Video compression technology has played a critical role as well. Over the years, significant advancements have been made in video coding standards — including H.263, MPEG formats, and H.264—alongside compression optimization technologies developed by IP video manufacturers to improve efficiency without sacrificing quality. The open-source AV1 codec developed by the Alliance for Open Media—a consortium including Google, Netflix, Microsoft, Amazon and others — is already the preferred decoder for cloud-based applications, and is quickly becoming the standard for video compression of all types. Read Now

  • Cost: Reactive vs. Proactive Security

    Security breaches often happen despite the availability of tools to prevent them. To combat this problem, the industry is shifting from reactive correction to proactive protection. This article will examine why so many security leaders have realized they must “lead before the breach” – not after. Read Now

  • Achieving Clear Audio

    In today’s ever-changing world of security and risk management, effective communication via an intercom and door entry communication system is a critical communication tool to keep a facility’s staff, visitors and vendors safe. Read Now

  • Beyond Apps: Access Control for Today’s Residents

    The modern resident lives in an app-saturated world. From banking to grocery delivery, fitness tracking to ridesharing, nearly every service demands another download. But when it comes to accessing the place you live, most people do not want to clutter their phone with yet another app, especially if its only purpose is to open a door. Read Now

  • Survey: 48 Percent of Worshippers Feel Less Safe Attending In-Person Services

    Almost half (48%) of those who attend religious services say they feel less safe attending in-person due to rising acts of violence at places of worship. In fact, 39% report these safety concerns have led them to change how often they attend in-person services, according to new research from Verkada conducted online by The Harris Poll among 1,123 U.S. adults who attend a religious service or event at least once a month. Read Now

New Products

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction.

  • Luma x20

    Luma x20

    Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.”