Case Study: Major International Bank achieves reduced fraud and simplified secure authentication with HID Global

HID Global Trusted Transaction Solution Protects Retail Bank Customers in Egypt While Making Authentication More Convenient

Major International Bank, a large retail bank in Egypt, needed to improve regulatory compliance while reducing fraud and operational costs. Working with HID Global and the Temenos banking platform, the bank sought a more secure and convenient way to protect digital transactions and add multi-factor authentication for customers.

HID Global implemented its pre-integrated Trusted Transactions solution, including risk-based adaptive authentication, threat and fraud detection, transaction signing, and HID Approve mobile push authentication. The result was reduced time and cost for deployment on Temenos, along with simpler management, lower fraud and operational costs, stronger threat protection, and a higher level of security delivered under the bank’s own brand.