HID announced its partnership with Baiduri Bank to implement HID Approve, powered by the HID Authentication Platform, across its consumer and corporate banking platforms, providing a single trusted authentication source for customer identity.
Lena Abdelahad, VP of the Authentication Business Unit at HID, said, "We are committed to providing solutions that help protect banking customers' identities while reducing complexity. This is part of our dedication to delivering innovative solutions that meet the evolving needs of the industry."
"Banking is about people and meeting their needs, and at Baiduri Bank, we believe in striking a balance between the use of technology and customer experience," said Simon Hansman, chief information officer of Baiduri Bank. "Baiduri Bank is proud to be the first bank in Brunei to leverage cloud technology to enhance our customers' experience."
HID Approve
Baiduri Bank has integrated HID Approve powered by the Authentication Platform across its consumer and corporate banking platforms, which offers a single trusted authentication source for customer identity.
The solution also provides mobile authentication and transaction signing secured with standards-based cryptography, third-party security testing, and independent audits.
"Given its experience with such projects and because HID Approve was already integrated with our core banking platform of interest, we felt HID was the best vendor for us," said Henry Voon, head of IT Systems at Baiduri Bank.
HID Authentication Platform
HID Authentication Platform currently secures Baiduri Bank's corporate and consumer channels. Baiduri Bank's customers are also authenticated via HID Approve powered by the HID Authentication Platform.
