HID Global has increased the number of features that are available to customers through the Temenos Infinity platform. Temenos originally integrated the company’s HID ActivID and HID Risk Management solutions into Temenos Infinity in November of 2019, and HID Global is now supplementing that with improved multi-factor authentication capabilities.
The update will give Temenos customers access to a wider array of authentication options, and give them better management tools through the integration of the HID Identity Verification Service. HID’s solution supports FIDO hardware authenticators in addition to standard passwords and One Time Passwords (OTPs), while the Identity Verification Service will give organizations more administrative control and make identities easier to manage.
Temenos Infinity is designed primarily for financial institutions, and is available through the Temenos Marketplace. HID Global is hoping that the new features will help meet the rising demand for digital banking services in the midst of the COVID-19 pandemic.
“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,” said HID Global VP Brad Jarvis.
“The need for modern digital banking will be greater than ever,” added Temenos Product Security Director James Holland. “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.”