9 Out Of 9 Largest U.S. Banks Trust Ping Identity
9 Out Of 9 Largest U.S. Banks Trust Ping Identity
Customers’ demands are changing. The risk of account takeover, unauthorized access, and fraud is rising. Regulatory requirements are in constant flux. Digital challengers are innovating faster, at lower cost. Growing market share is more challenging than ever. Converged identity and access management (IAM) is key to addressing these challenges and driving sustainable profitability.
of industry decision-makers rate identity as highly important in preventing fraud
Combat Bank Fraud
Digital identity is a critical asset in your fight against fraud. From the moment prospects engage with your service, and register an account, to the moment they complete KYC checks and login. But that’s not all. Digital identity is critical to detecting, responding to, and preventing fraud as they interact with your services.
of consumers demand personalized experiences from their providers
Transform Financial Customer Experiences
Digital identity is a critical enabler of seamless and hyper-personalized experiences. While financial service customers tolerate friction in exchange for security, they expect choice, flexibility, and ease of use whether they are onboarding, transacting, consuming value-added offerings or delegating access. Digital identity is key to delivering these experiences across all your channels.
of data breaches are attributed to unauthorized access
Secure the Financial Services Ecosystem
Digital identity is critical to securing access across all workforce and B2B access journeys. Managing the full identity life-cycle across these touch-points is critical as entitlements, policies, and access certifications while enforcing Zero-Trust security is becoming increasingly complex. Digital identity is key to securing your rapidly growing financial services ecosystem.
of financial service executives plan to increase their investments in AI
Accelerate Financial Innovation
Digital identity enables digital and business model innovation across financial services. Rapid advancements in decentralized identity, verified credentials, identity verification, dynamic authorization, and financial-grade APIs is pushing leading providers to increase their innovation budgets. Digital identity helps to enable open banking, open finance, embedded finance, and banking-as-a-service and industry innovation.
of financial service providers have experienced an increase in their compliance costs
Achieve Regulatory Compliance
Digital identity helps financial service providers accelerate compliance with privacy, information security, payments, and access governance regulations, worldwide. Beyond that, digital identity helps the industry capitalize on emerging standards to drive access security and unleash new opportunities for innovation.
Detect, respond to, and prevent fraud. Leverage risk signals to protect customer data and mission-critical infrastructure. Enable dynamic multi-factor authentication, authorization, and identity verification to mitigate deepfake, ATO attacks, and unauthorized access. Financial-grade identity security for the financial services industry.
Take advantage of a unified identity platform for all customer, workforce, and B2B needs. Consume comprehensive access management, identity management, and governance in any self-managed, hybrid, and SaaS setting. Orchestrate no-code access journeys at pace. Converged IAM platform for all enterprise and SMB needs.
Get access to cutting-edge innovation in verified credentials and identity verification taking advantage of decentralized identity transformation. Leverage industry-leading dynamic authorization capabilities to drive policy-based access decisioning. Cutting-edge IAM innovation for the future needs of the financial services industry.
Banking customers demand personalized, seamless and secure experiences. Explore five use cases demonstrating how the Ping Identity Platform can help you deliver, from registration to transaction approval to consent management.
“Taking into account the different customer needs in different markets is really important and the platform allows us to do that.”
Andrew Scott
Global Head of Secure Access
“Ping provides cutting edge technology that we need to deliver the technologies that customers are looking for.”
Rob Davis
Director of Security Services
“With Ping Identity’s solutions and iC Consult as our partner, we have laid a robust foundation for our future identity strategy.”
Yaron Zehavi
Customer IAM Product Owner
“The Ping strategy and roadmap are so well aligned with what we do as a bank. From a Ping perspective, I’ve been really, really pleased.”
David McConchie
Customer Security Architect
“In the trillion-dollar mortgage industry, technology is a competitive differentiator. The interoperability and speed we gain with Ping give us the agility we need in business.”
Vincent ten Krooden
Head of Technology
Get rapid access to leading third-party biometric, identity proofing, risk management and SCA technologies right out-of-the-box to accelerate agility and innovation.
Helpful Resources
Choosing the right IAM provider is no longer a tactical move, but a strategic decision that will drive security, customer experiences, and the wider digital innovation agenda for years to come. Getting it right is more important than never. Ping Identity has curated a guide to help financial service providers find the IAM provider that meets both their short and long-term needs.
Global value of bank fraud schemes
Accelerate Fraud Prevention
The fraud landscape continues to evolve in financial services. Deepfakes, AI-driven impersonation, account takeover (ATO) fraud, and authorized push-payment fraud (APP) are on the rise. Ping Identity helps leading financial service providers deliver integrated fraud detection, response, and prevention.
Increase in customer engagement driven by CIAM
Accelerate Hyper-Personalization
Building a real-time 360-degree view of customer needs across web, mobile, hybrid, and partner channels is critical to delivering hyper-personalization and driving upsell. Ping Identity customer IAM capabilities (CIAM) help leading financial service providers accelerate seamless and secure experiences at scale.
of breaches involved a third-party
Secure Workforce and B2B Access
Enabling externalized policy-based access control and converged identity governance and administration (IGA) across all workforce and B2B journeys is critical to enforcing Zero Trust security. Ping Identity IGA, workforce and B2B access management, and dynamic authorization capabilities help leading financial service providers secure their ecosystems.
uptake of BankID across Nordic countries
Unleash Innovation
Combining verified credentials, cutting-edge identity verification, and fine-grained authorization with third-party extensibility is helping innovation leaders develop customer-centric experiences, strengthen security, and create new revenue streams. Ping Identity is an innovation leader in converged IAM solutions for the financial services industry.
of financial service providers have experienced an increase in their compliance costs
Achieve Compliance at Lower Cost
Leading financial service providers leverage converged IAM to achieve compliance with GDPR, CPPA, CDR, and other emerging privacy regulations worldwide. These very providers leverage IAM as a strategic asset to strengthen cybersecurity and digital operational resilience while taking advantage of standards to differentiate.
Banking customers demand personalized, seamless and secure experiences. Explore 5 use cases demonstrating how the Ping Identity Platform can help you deliver, from registration to transaction approval to consent management.
Detect, respond to, and prevent fraud. Leverage risk signals to protect customer data and mission-critical infrastructure. Enable dynamic multi-factor authentication, authorization, and identity verification to mitigate deepfake, ATO attacks, and unauthorized access. Financial-grade identity security for the financial services industry.
Take advantage of a unified identity platform for all customer, workforce, and B2B needs. Consume comprehensive access management, identity management, and governance in any self-managed, hybrid, and SaaS setting. Orchestrate no-code access journeys at pace. Converged IAM platform for all enterprise and SMB needs.
Get access to cutting-edge innovation in verified credentials and identity verification taking advantage of decentralized identity transformation. Leverage industry-leading dynamic authorization capabilities to drive policy-based access decisioning. Cutting-edge IAM innovation for the future needs of the financial services industry.
“Taking into account the different customer needs in different markets is really important and the platform allows us to do that.”
Andrew Scott
Global Head of Secure Access
“Ping provides cutting edge technology that we need to deliver the technologies that customers are looking for.”
Rob Davis
Director of Security Services
“With Ping Identity’s solutions and iC Consult as our partner, we have laid a robust foundation for our future identity strategy.”
Yaron Zehavi
Customer IAM Product Owner
“The Ping strategy and roadmap are so well aligned with what we do as a bank. From a Ping perspective, I’ve been really, really pleased.”
David McConchie
Customer Security Architect
“In the trillion-dollar mortgage industry, technology is a competitive differentiator. The interoperability and speed we gain with Ping give us the agility we need in business.”
Vincent ten Krooden
Head of Technology
Get rapid access to leading third-party biometric, identity proofing, risk management and SCA technologies right out-of-the-box to accelerate agility and innovation.
Helpful Resources
Detect, respond to, and prevent fraud. Leverage risk signals to protect customer data and mission-critical infrastructure. Enable dynamic multi-factor authentication, authorization, and identity verification to mitigate deepfake, ATO attacks, and unauthorized access. Financial-grade identity security for the financial services industry.
Take advantage of a unified identity platform for all customer, workforce, and B2B needs. Consume comprehensive access management, identity management, and governance in any self-managed, hybrid, and SaaS setting. Orchestrate no-code access journeys at pace. Converged IAM platform for all enterprise and SMB needs.
Get access to cutting-edge innovation in verified credentials and identity verification taking advantage of decentralized identity transformation. Leverage industry-leading dynamic authorization capabilities to drive policy-based access decisioning. Cutting-edge IAM innovation for the future needs of the financial services industry.
Financial service customers demand personalized, seamless and secure experiences. Explore 5 use cases demonstrating how the Ping Identity Platform can help you deliver, from registration to transaction approval to consent management.
“Taking into account the different customer needs in different markets is really important and the platform allows us to do that.”
Andrew Scott
Global Head of Secure Access
“Ping provides cutting edge technology that we need to deliver the technologies that customers are looking for.”
Rob Davis
Director of Security Services
“With Ping Identity’s solutions and iC Consult as our partner, we have laid a robust foundation for our future identity strategy.”
Yaron Zehavi
Customer IAM Product Owner