Identity in Payment, Banking, Transit, Loyalty, Parking

ActivIdentity upgrades authentication capabilities for financial services market

Monday, May 24, 2010

ActivIdentity launched a new version of its 4TRESS Authentication Server featuring an appliance-based system that will provide a wide-range authentication service available across multiple channels.

By combining the hardware security module that is FIPS 140-2 Level 3 and Evaluation Assurance Level (EAL) 4+ compliant with ActivIdentity authentication solution, the 4TRESS can serve a more cost effective and secure product within the financial sector. The product aims to help small to mid-level size banks develop a comprehensive a secure e-banking Web site.


In addition to featuring traditional authentication methods such as one-time password, out-of-band transaction codes and public key infrastructure certificates, the solution diversifies its service channels making it available to conduct transactions from many financial service organizations around the world. Additionally a feature of the new version will come pre-configured for TEMENOS T24 ARC Internet Banking [end] 

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ActivIdentity Corp. has expanded its commitment to providing strong authentication services by enlisting Managed Security Service Providers (MSSPs) to build up its subscription-based business. The MSSPs serve as a cloud-based strong authentication and credential management service that will help the company obtain long term customers and profits.

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Ceelox has announced that it has finished development of a prototype application that would use Ceelox’s fingerprint biometrics to enable biometric authentication in online environments such as corporate intranets, cloud computing networks and commercial applications like online banking and other personal account-based access.

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PhoneFactor Inc. has added authentication for online banking to its list of service features. The company has introduced the Universal Banking Gateway and added another secure layer to online banking functions.

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