Security for Financial Services Security for Financial Services

Banking & Financial Services

Achieve the key business goals of mitigating fraud, executing legally binding agreements and delivering an optimal user experience.

How it works

Today, there is a growing need to balance strong authentication security with end user convenience and usability. Banks and financial organizations look for more intuitive authentication options such as facial recognition to improve utilization, user experience, and reduce the need for helpdesk support.

Our Customers

More than half of the world’s top 100 banks are our customers. Below are some of the financial services companies using our solutions:

Build Trust

To support growth, banks and financial institutions have embraced digital channels. Customer trust is at the heart of this digital transformation. Earning trust requires that banks secure the identities of online and mobile users, the banking apps that run on users’ devices, and the transactions they conduct. These three core responsibilities must remain front and center in banks’ growth strategy.

OneSpan offers a wide range of security solutions that enable banks to foster trust by detecting and preventing fraud in real time through adaptive authentication, risk analytics, and mobile app security.

Business Goals

Increase customer acquisition and retention through digital transformation and fraud mitigation

  • Check-mark

    Intelligent Fraud Prevention

    Dynamically apply the right amount of security for each interaction in real time

  • Check-mark

    Competitive Advantage

    Forge stronger relationships with your customers to increase retention and elevate lifetime customer value

  • Check-mark

    Customer Acquisition

    Replacing manual ID verification checks, paper forms and ink signatures with a fully digital processes leads to more customers conducting more transactions

  • Check-mark

    Frictionless User Experience

    Unprecedented convenience for online and mobile banking, without compromising security

  • Check-mark

    Regulatory Compliance

    The rules are constantly changing; complying with increasingly stringent industry-specific regulations is key

  • Check-mark

    Cloud-based Platform

    Bring together sophisticated technologies on a single, modular platform to enable powerful security solutions

Ensure High User Adoption

Provide your customers with the most trusted, white-labelled experience – from identity verification and authentication through to e-signature – to ensure high adoption. Below are actual adoption rates realized by our customers.

  • 92 Percent Adoption

    Account Openings

  • 99 Percent Adoption

    Mortgage Applications

  • 90 Percent Adoption

    Disclosure Delivery

  • 99 Percent Adoption

    Student Loan Applications

Our Capabilities

Protect your mobile and digital banking channels through a combination of risk analytics and machine learning on an open-architected platform

  • ordered-list-1.svg

    Authenticators

    Extensive suite of mobile, biometrics and hardware authenticators to deliver strong, cost-effective security

  • two

    Digital Identity Verification

    Leverage a wide range of identity verification services including ID document capture and facial comparison for new customer acquisition

  • three

    E-Signature

    Automate your signing workflows and capture the customer’s consent with secure, legally binding e-signatures – in the cloud or on-premises

  • four

    Mobile App Security

    Protect the integrity of the app and the device for strong fraud prevention

  • five

    Risk Analytics

    Sophisticated risk analytics engine leveraging machine learning to better detect fraud in real time

  • six

    Trusted Identity Platform (TID)

    An open, cloud-based platform serving as the foundation for unique solutions that secure digital interactions across channels

  • OneSpan’s products have proven to be extremely reliable. We also appreciate its achievements in the banking industry both in Japan and the rest of the world, which was one of the deciding factors.

    — Mr. Kazunori Suhara, Project Manager of the Remote Channel Marketing Team, Retail Marketing Department, Mizuho Bank

  • With the addition of OneSpan’s Mobile Security SDK to KBC’s mobile offering, our customers can now enjoy swift, secure mobile banking at their fingertips, making account access and paying for goods and services even easier than before.

    — Evert Vandenbussche, Chief Operations Officer, KBC Bank Ireland

Leverage Our Expertise

OneSpan is committed to helping you to identify the right security technologies to meet your business goals from growth to user experience, compliance, and more.