mBank Implements HID Multi-Factor Authentication
HID Global, a worldwide leader in secure identity solutions, announced that mBank, a leading Polish Bank (owned by Commerzbank), has successfully deployed HID Global’s ActivID DisplayCard Tokens. The tokens provide mBank’s corporate banking customers with an advanced, multi-factor authentication solution to securely access their internet and mobile banking accounts. Headquartered in Warsaw, Poland, mBank is amongst the pioneers for corporate banking services in the country. It was also recognised in 2013 by Efma and Accenture as “The Most Disruptive Innovation” for projects and initiatives in the retail financial services arena that radically change and redefine the way it does business.
mBank’s Search for Secure Authentication
mBank was seeking a highly secure, convenient and innovative internet and mobile banking authentication solution that was easy to deploy. HID Global’s ActivID DisplayCard Tokens were selected by mBank based on these stringent requirements. Equally important was that HID Global’s unique, patented algorithm had to be interoperable with mBank’s back-end system. Furthermore, HID Global was recognised by the bank as a reputable brand that offered strong authentication and advanced fraud protection based on its long-standing relationship and successful implementations over the last 10 years.
“HID Global is a trusted and recognised brand that offers the best solutions in the market. The company’s ActivID DisplayCard Tokens were easy to integrate into mBank’s banking solutions,” said Aleksander Gawroński, electronic banking director with mBank. “Thanks to HID Global, we are able to offer our corporate banking customers an improved, convenient and higher security multi-factor authentication method when accessing their accounts on the internet and on their mobile phones.”
“We are very proud to have supported mBank, one of the most credible Polish banks, with an advanced and innovative authentication solution that enhances their corporate customers’ internet banking experience. HID Global’s identity assurance offering has consistently proven to be the most reliable and trusted in the marketplace,” said Harm Radstaak, managing director EMEA with HID Global.
Features of the ActivID DisplayCard Token Solution
The ActivID DisplayCard Token has enabled mBank to offer its corporate banking customers a customised, credit card style authentication solution. The token includes a touchpad for secure PIN entry that can fit in customers’ wallets easily, making it highly portable and allowing access to their Internet bank accounts anytime, anywhere. Providing this enhanced customer satisfaction has resulted in mBank continuing to retain its customer loyalty. The ActivID DisplayCard also eliminates the need for special readers and is an all-in-one solution that delivers a cost-effective solution to mBank.
Future Plans for Advanced Security Solutions
Based on its continued successful relationship with HID Global, mBank is looking to further collaborate with the company to extend its corporate banking offering to include new, advanced solutions for its retail banking customers.
