Financial Services

As a bank or financial institution, you face rapidly growing cyber threats, the constant introduction of new technology, and evolving compliance requirements – so it’s critical that you have the confidence to keep your institution, employees, and customers protected.

Customer Success Stories

G2 Awards - Best ROI
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G2 Awards - Best Support

Overcoming Your Challenges with Our Expertise

Customer-first, Personalized Experiences

As a financial institution, providing an optimized customer experience is crucial in order to reduce churn, increase retention and roll out new products and services. To keep customer relationships paramount, you must deliver a unique human cybersecurity solution. 

Our unified IAM platform, PortalGuard, supports the unique requirements of banks’ daily operations with the easiest to use and hardest to hack security solutions that provide a seamless, frictionless experience for customers while also ensuring the highest level of security and protection. 

Scalable Solutions to Gain Competitive Edge

Tools to Navigate the Cyber Risk Landscape

Our Solutions in Action

We understand that the security needs for financial institutions are unlike those of any other industry, and we design our solutions for those specific use cases.

Customer Identity & Access Management (CIAM)

Unfortunately, traditional Identity and Access Management (IAM) often leaves behind a group of people that plays a vital role in the success of banks and financial institutions: customers. Not only can deployments like online banking be extremely expensive, but they also make or break the user experience for customers. Identity-Bound Biometrics (IBB) provides customers with a secure, frictionless, passwordless experience while keeping the cost down for you.

Shared Workstations & Kiosks

It’s critical that your employees can smoothly, efficiently, and securely carry out their daily operations when they’re working on shared workstations. While authentication using physical tokens and mobile devices can be options, they’re often not viable choices due to your security policies, high cost, and inconvenience. With IBB, you can quickly implement station-based fingerprint scanners and a one–time enrollment for all users to enjoy a passwordless login experience at any device across any branch location – without needing to use phones or tokens.

Zero-Trust Environments

The Zero Trust approach trusts no one and treats every person and every device as a potential threat. Implementing multi-factor authentication (MFA) is one of the core steps to implementing Zero Trust – and PortalGuard offers the widest range of authentication methods across the three main categories: something you know (passwords), something you have (tokens), and something you are (biometric identity). Because Identity-Bound Biometrics authenticates the actual identity of the user, there is no stronger way than IBB to establish trust where you need it most.

Customer Success Story

Why One Bank Adopted Biometrics to Move Away from Passwords

As cyber threats continue to present a significant risk to commercial banks, many are rethinking and improving their authentication strategy. Even the FFIEC and OCC have updated their guidance on how Multi-factor Authentication (MFA) or controls of equivalent strength can effectively mitigate inherent risks and prevent unauthorized access.

Because of this, along with recommendations from their IT Security Officer and auditors, the Orange Bank & Trust company successfully moved away from passwords, confronted cyber risks head-on with MFA and Identity-Bound Biometrics (IBB)

“Our team at Orange Bank is partnering with BIO-key to provide our financial institution with a cloud IDaaS solution that delivers advanced biometric authentication. BIO-key provides both biometric authentication and a proven suite of IAM solutions that provide security flexibility and value over approaches offered by other vendors.”

Orange Bank and Trust Company

Product Recommendations

Identity-Bound Biometrics

See how IBB offers the highest levels of accountability and versatility by establishing trust that is rooted in a person’s biometric identity.

Identity-Bound Biometrics

Multi-factor Authentication Approaches

Implement authentication approaches such as adaptive, step-up, passwordless authentication.

Multi-factor Authentication

Single Sign-on

Secure and access all of your applications through a single point of strong authentication with a single IdP.

Single Sign-on

Find out what BIO-key can do for your business.