Logging into your bank account is now a $3 billion business

Digital Identity is a keystone foundation for Open Banking services.

Published in OpenBanking.services

January 15, 2019

As Bloomberg writes: Logging into your bank account is now a $3 billion business.

They were writing about the super heated segment of the tech sector that forms a keystone component part of Open Banking: Identity authentication.

. . .

Trusona enables rapid delivery of Open Banking compliant authentication services via your existing mobile apps enabling Third Party Providers to seamlessly authenticate your customers and capture consent.

Their PSD2 solution offers:

Trusona For Your Organization

Trusona’s passwordless multi-factor authentication (MFA) offers a PSD2 compliant blend of dynamic authentication and patent-pending anti-replay technology embedded in your existing mobile apps, making it the most secure and seamless way to enable strong authentication of your customers across any channel.

Trusona For Your Customers

Designed with the user experience in mind, Trusona’s industry-leading, passwordless MFA is preferred by 7 out of 10 people to legacy usernames and passwords. Trusona means your banking customers never need to remember or type anything to authenticate. Bulletproof security and happy users.

Karen Dayan