Secure Mobile, Web, Call Center, Branch & ATM Channels
Financial institutions have added biometrics to the customer experience in an effort to combat fraud. Yet with all of the advances around 2-factor security, many banks are still using centralized passwords which lead to credential reuse and phishing – costing billions of dollars in fraud-related costs.
Unlike legacy authentication that relies on centralized passwords, HYPR decentralizes your customers’ credentials to enable a true password-less experience. Getting rid of centralized passwords has enabled banks to eliminate credential reuse and customer fraud at a global scale. By deploying decentralized authentication with HYPR, industry leaders have taken secure digital banking to a whole new level.