Hanko for Banking

Banking security for this generation

Simplify PSD2-compliant customer login and payment authentication for banks and financial services in B2C & B2B environments.

Increased security

Fight fraud. Eliminate Phishing.

Passwords as well as most of today’s strong customer authentication (SCA) methods are susceptible to phishing and man-in-the-middle attacks. For technical reasons, they are not capable to check the actual domain (URL) in the user’s browser address bar. All information a user enters into a fraudulent phishing website is instantly compromised. Hanko’s WebAuthn technology makes sure that the user can only authenticate on the legit bank website or app, nowhere else. #ByeByePhishing

Less overhead

SCA, but standardized

For strong customer authentication in mobile banking apps, many banks already make use of the biometrics capabilities of iOS and Android devices. With Hanko’s WebAuthn technology, biometric authentication also becomes available in browser-based applications. WebAuthn is THE web standard for what is described as “device binding” in PSD2 regulation. Instead of a password and an authentication code generated by a card reader or sent by SMS, biometric interfaces like Windows Hello or Touch ID can be used for PSD2-compliant, password-free, and hardware-agnostic SCA - in mobile apps as well as on the banking website. WebAuthn also allows for standardized FIDO Security Keys if dedicated hardware is still needed.

One size fits all

Secure logins AND transactions

Hanko’s WebAuthn technology can be used for customer logins (“access to account”) as well as for securing transactions. As most end-user devices are already WebAuthn-capable, legacy SCA methods can soon be depracated.

Customer-centric

Customers will love it

By replacing passwords and working with native device capabilities, your SCA for logins and transactions becomes as easy-to-use as Apple Pay and Google Pay. Thus creating a smooth and easy transactions and secure banking possibilities.

FIDO infrastructure by Hanko

The decision for FIDO must be considered as part of the banks’ IT strategy. As an active FIDO Alliance member and technology provider for passwordless authentication, Hanko offers FIDO-certified infrastructure for banks and financial services to set up PSD2 compliant SCA with FIDO.