Leading European Private Bank implements 2FA to strengthen the security of its private banking clients’ authentication process
PROJECT NAME: Two Factor Authentication for Internet Banking Portal for Private Banking Clients
THE BUSINESS ISSUE:
The Bank needed a web-based Internet Banking channel to serve its private banking clients in the Asia Pacific region. It must comply or exceed security guidelines outlined by all the central banks in the Asia Pacific region including the Monetary Authority of Singapore (MAS), Hong Kong Monetary Authority (HKMA). etc.