Strong Authentication for Banking with IBM

IBM banking customers seeking to bolster customer adoption of low-cost service channels and ease the management of authentication can look to the ActivIdentity Strong Authentication for Banking solution combining the ActivIdentity 4TRESS multi-channel authentication framework with IBM Tivoli Access Manager via the External Authentication Interface. Combining IBM and ActivIdentity products enables an integrated and easy way to manage authentication and access control. This solution helps financial institutions significantly lower the risk of online fraud, comply with industry and government regulations and protect customer data.

IBM Global Technology Services have the skills and experience to lead the program management and integration services, related to the implementation of a Strong Authentication for Banking solution.

Features and benefits

Strong Authentication – Replacing traditional username and password provides the bank and its customers with increased protection against a security or privacy breach, and the roll out of additional, higher-value online products and services that may not otherwise be possible with lower security methods. Banks benefit when customers respond to better offerings with increased loyalty and higher-value transactions. This solution also enables a strong proof of identity which helps banks comply with increasingly stringent regulatory requirements.

Unified authentication experience – With the ActivIdentity 4TRESS solution banks can deploy a consistent method of authentication across multiple service channels (such as internet banking and phone banking) alleviating the burden on customers of remembering complex passwords while lowering associated helpdesk costs.

Broad support of authentication methods - ActivIdentity banking solutions support a wide range of authentication methods including: ActivIdentity and all OATH compliant hardware tokens, including keyfob tokens, USB tokens, DisplayCards and all EMV™ CAP/DPA compliant smart cards (for one-time passwords and transaction signing). Also supported are static secrets, in full or partial mode including passwords, PINs and secret questions.

Reduce Risks

A security or privacy breach can result in high remediation costs and permanent damage to a bank’s image. ActivIdentity banking solutions reduce the risks of such events and help banks comply by enabling strong proof of identity, secure transactions and auditing.

Products used in this solution

ActivIdentity Products:

• ActivIdentity 4TRESS™ AAA Server
• ActivIdentity Tokens
• ActivIdentity DisplayCard (optional)
• Solo Reader (optional)

IBM Products and Services:

• IBM Tivoli® Access Manager
• IBM Websphere®
• IBM AIX Servers
• IBM Consulting and Professional Services
• IBM Implementation Services

Related Solutions

• Smart Banking ID
• Signed Transactions
• Secure Audit

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• Strong Authentication for Banking with IBM