Veridium selected to provide biometric employee authentication for Swedish bank

Veridium has announced that Swedish bank Nordea has selected its biometric authentication technology to replace tokens for employee’s high privileged access to confidential data.

Nordea will use the VeridiumID platform, 4 Finger TouchlessID and VeridiumAD to increase security and ease of use, according to the announcement. The technology is scalable and extendable with a low total cost of ownership, Veridium says, and enables Nordea to meet new regulatory compliance demands.

“Maintaining customer, employee and company data is critical for all organizations – but especially those in the financial industry,” said James Stickland, CEO, Veridium. “With Veridium, Nordea will be able to take its first steps in advancing security for high privilege access and GDPR compliance. We’re delighted Nordea has selected Veridium for their security and authentication needs and look forward to continuing this partnership.”

The VeridiumAD Microsoft Active Directory integration component seamlessly integrates with Citrix StoreFront, NetScaler, and SharePoint environments, according to the company, minimizing the risk of compromised credentials and providing fast and secure access to employee systems and accounts.

As previously reported, Veridium announced a partnership in November with Wala to extend financial services to underserved populations.

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