Case Study: Hamilton Reserve Bank achieves secure global digital banking with authID biometric authentication

Hamilton Reserve Bank achieves 1 in 1 billion false match rate with authID

Hamilton Reserve Bank, a global digital banking platform, needed a secure and frictionless solution for digital account opening and high-value wire transfers. Their global, high-net-worth clientele demanded the highest levels of security and trust, requiring the ability to verify a vast array of international ID documents and biometrically confirm a customer's identity. To protect accounts post-onboarding, they also sought a multi-factor authentication solution to secure logins and transactions.

authID implemented its biometric authentication solution to verify over 13,000 ID types from 246 countries with greater than 99% accuracy in detecting document spoofing. For transaction security, authID provided a 1 in 1 billion false match rate accuracy to ensure only the account owner could authorize wires. As a result, Hamilton Reserve Bank achieved regulatory compliance, eliminated wire transfer fraud, and enabled a frictionless customer experience for an expanding global client base.

Hamilton Reserve Bank