Case Study: KAS BANK achieves secure, cost-effective high-value transactions with HID Global Smart Banking ID

KAS BANK Discovers a Better Way to Secure High-value Transactions

KAS Bank, the Netherlands-based investment management and custody services provider, needed a more secure yet convenient way to handle high-value online transactions worth up to 25 million euros each. Its earlier SWIFTNet approach was too costly and cumbersome for end customers, so KAS Bank turned to HID Global’s Smart Banking ID solution to improve security without sacrificing usability.

HID Global implemented a PKI-based smart card system using ActivID® Card Management System and ActivClient™, allowing customers to create and manage transactions from their own desktops with strong asymmetric cryptography and non-repudiation. The solution reduced management and maintenance costs, made transactions faster and easier, and gave customers control of their private keys, helping KAS Bank deliver a more secure and user-friendly service.

KAS Bank

Johan van der Wal

Client Information Management