White Paper

Advanced Risk-Based Authentication Accelerates the Move to Secure Cloud Banking

HID Global

With the spread of open banking and the API usage, cloud is being accepted by the banks. To be more flexible and embrace the economy of data, banks are interested by cloud deployment. Ensuring them a high level of security increases their trust in it and therefore speed up the adoption, for the benefit of everyone: banks save costs and customers benefit from the innovation the cloud is bringing.

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In this paper we discuss:

  • Why Cloud matters to financial institutions
  • How risk-based authentication can help banks to securely move to cloud
  • Why fraud & threat detection is key to combat cybercrime