Case Study: a global fintech firm achieves passwordless MFA and reduced login friction with HYPR

Global Fintech Firm consolidates 3 MFA tools and cuts password reset costs with HYPR

A global fintech firm specializing in payments and POS services faced high costs and security risks from its multiple legacy MFA tools following an acquisition. Their challenge was to implement a phishing-resistant, passwordless MFA solution that would work across diverse scenarios—including offline and remote access—without adding friction for its 35,000 employees, while also complying with strict industry regulations. They turned to HYPR for a solution.

By deploying HYPR's Passwordless MFA, the company consolidated its authentication tools and strengthened its security posture. The solution provided a seamless user experience, drastically reduced IT costs associated with password resets, and eliminated vulnerabilities to attacks like phishing and push bombing. HYPR's implementation was successfully rolled out to tens of thousands of employees across multiple global locations, meeting an aggressive timeline and significantly improving login experiences.