If IT empowers users to take on risks beyond corporate policy limits, the bank may have to pick up the bill. This is the reason multi-factor authorization is becoming increasingly popular in the financial services industries. It enables deployment of new services subject to strict enforcement of corporate policies. If you can define exactly who is authorized to do what, why, where, when, and how, your risk assessments can have an immediate impact on access control.
Based on customer experiences, we discuss business values achieved from externalizing authorization in the financial industries. Enabling more precise control over financial transactions in trading applications or consolidating and streamlining controls across multiple channels – the use cases differ but externalized authorization is the common denominator.
The webinar covers topics such as:
- Drivers for externalized authorization
- Experiences of customers
- Benefits achieved