Case Study: Temenos Transact Wealth Bank achieves PSD2-compliant strong authentication with HID Global

HID Global Brings PSD2-Compliant Strong Authentication to UK Wealth Management Bank’s Temenos Transact Core Banking Solution

Temenos helped a growing UK wealth management bank upgrade its Temenos Transact core banking platform to support PSD2-compliant strong authentication for 60,000 deposit account clients. The bank needed a solution that improved digital security while keeping full control of its data and environment, without the capital expense of an on-premise deployment.

HID Global implemented its ActivID Authentication Appliance, delivered as a subscription-based service, along with the HID Approve mobile app and SMS OTP support. HID Global’s solution optimized costs, accelerated PSD2 compliance, strengthened transaction security, and delivered a convenient user experience, turning the investment into an operational expense with the benefits of on-premise deployment.

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