Establishing and confirming identity for both customers and employees is fundamental in the financial sector. A single cyber attack and resulting data breach has the potential to cost millions to remediate, let alone the damage to a trusted reputation. Mandated employee background checks, as well as Know-Your-Customer (KYC) and Anti-Money Laundering (AML) regulations are additional identity challenges financial institutions face. Multi-factor authentication enables assured user identity for secure access to computers, networks, applications and proprietary information.
“Solution offers a complete package of software and hardware.”
“Implementing biometrics has increased our security and enhanced our productivity.”
“Widened our business scope to include customers without reliable identification.”
“We have more time to serve our members rather than remembering lengthy passwords.”
From mandated background checks to secure network and application access, Crossmatch solutions improve enterprise security, empowering financial institutions to: