The second Payment Services Directive (PSD2) regulation in the European Union (EU) and the Open Banking mandate in the United Kingdom are intended to increase competition and stimulate innovation in the financial system. Both require banks to become proficient at strong customer authentication (SCA) and make available secure application programming interfaces (APIs) for customer data sharing and consent.
Beyond compliance with PSD2 and Open Banking regulations, we can help banks capitalize on new opportunities to expand customer relationships and drive new revenue. We can show you how to expand your offerings so you can establish your bank as an Account Information Service Provider (AISP) and a Payment Initiation Service Provider (PISP).
The key is providing customers with the trusted identities they need to access all their banking services. Our authentication solutions enable this smart consumer-focused strategy.
Request a demo with an IntelliTrust authentication platform specialist.
Entrust Datacard can help you navigate your particular compliance landscape and identify the core security technologies that are best suited for your particular needs. We generally follow a five-step assessment and deployment process:
1. Risk Analysis: Review current state and identify gaps
2. Policy and Procedures: Develop a trusted identity and data security plan.
3. Solution Selection and Configuration: Choose the right security technologies.
4. Implementation: Deploy a cloud, on-premises, virtual appliance or hybrid solution.
5. Validation: Test your solution and ensure compliance
Experienced security professionals in corporations, banks and government agencies know the name IdentityGuard and trust it to protect and enable what matters to them.
Continuously protect against advanced threats with technology ranging from behavior analytics to fraud detection.