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Insurance



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Passwordless Authentication

Works with What You Have

Rapid Deployment

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Save Cost & Protect Brand

Insurance

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In the insurance industry, digital IDs offer an easier and more convenient approach for customer onboarding and fulfilling know your customer requirements. Instead of submitting paperwork (or typing in a password) to prove who they are, customers can use passwordless  authentication as part of a wider digital ID program.

Passwordless authentication also benefits insurance agents who upload documents to a portal for a claim. Getting rid of passwords means agents don’t have to remember them or waste time resetting them. Going passwordless lets  agents be more productive and spend more time helping customers instead of dealing with authentication.

Regulatory Compliance:
NYDFS | FINMA and All

Verify identities of your customers with Veridium’s passwordless authentication and AI-powered solutons to guard financial data and online transactions from cyber criminals. Regulatory bodies all over the world like the NYDFS (United States) or FINMA (Switzerland) are constantly producing and enforcing new rules to protect consumers and sensitive data.

Veridium’s modern, strong digital identity solution platform including passwordless MFA, location-aware AI platform and behavioural analysis solution help companies in the financial industry comply with regulations and protect access by every user, device and application.

 

Case Study: Global Swiss Bank

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A multinational Swiss Bank eliminated passwords, soft and hard tokens, replacing them with biometric authentication for employee access to Microsoft Active Directory and Citrix environments.

The bank selected Veridium for its cutting edge technology, convenience, and lower total cost of ownership.

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