Daon and Tradelink Deploy Password Replacement for Dah Sing Bank

“Our partnership with Tradelink continues to make a significant impact in the financial and banking industry throughout Hong Kong.” – Tom Grissen, CEO, Daon

Daon and Tradelink Deploy Password Replacement for Dah Sing Bank

Daon is celebrating another successful deployment of its biometric authentication solution in collaboration with its Hong Kong partner, Tradelink.

The companies have developed a password replacement solution for customers of Dah Sing Bank, who can now use a face or fingerprint scan via a mobile device to access DSB services. The solution is, of course, based on Daon’s pioneering IdentityX platform, which has been used in a wide range of other deployments in the financial services sector as banks and international financial services organizations like Mastercard seek to leverage mobile biometrics for easy and secure user authentication.

In a statement announcing the deployment, the companies emphasized their ongoing teamwork in the Hong Kong financial services market, having announced a deployment with another, unnamed Hong Kong bank at the end of February. “Our partnership with Tradelink continues to make a significant impact in the financial and banking industry throughout Hong Kong,” said Daon CEO Tom Grissen, adding, “We look forward to continuing our collaboration with Tradelink as the demand for more secure and convenient authentication increases among mobile banking customers.”

Elaborating further, Tradelink CTO Andrew Cheng suggested said that his company is still “working closely” with DSB to bring the biometric authentication system to other areas of the bank’s business, including “high risk transaction and securities trading.”

(Originally posted on FindBiometrics)