New report examines banking authentication, the FFIEC and biometrics
30 October, 2012
category: Biometrics, Digital ID, Financial
Research and Markets has added a new Javelin Strategy & Research report to its catalog entitled “Banking Authentication And The FFIEC: Business Customers Crave Biometrics.”
The report gives financial institutions insight into different types of authentication technology and how to find the balance between security and customer satisfaction. It looks at the regulatory expectations around the 2011 FFIEC supplement guidance, as applied to authentication.
The report also discusses the strengths and vulnerabilities of various types of authentication and which types lend themselves well to specific consumer interactions. Finally, the report shows financial institutions how to implement secure authentication that’s consumer-friendly, yet meets regulatory approval.
The report is targeted to the marketing and security departments at financial institutions, as well as online- and mobile-banking platform providers, vendors and marketing companies, and third party authentication vendors.