Dah Sing Bank roll out of Daon’s biometric authentication solution continues
Daon and Hong Kong-based eCommerce firm Tradelink announced the phase 2 deployment of the biometric authentication solution developed for Dah Sing Bank (DSB) mobile banking services. Biometric authentication has been extended for use from secure login to transaction authentication.
The FIDO-compliant biometric authentication solution was first deployed to DSB last year for secure account login. Now, according to the announcement, DSB’s personal and business mobile banking customers can also authorize transactions and increase their online transaction limit using fingerprint and facial recognition.
“We are pleased to partner with Tradelink to provide our FIDO certified biometric authentication platform IdentityX that enables compliance with stringent regulatory requirements particularly applying strong customer authentication for transactions authorization,” said Tom Grissen, CEO, Daon. “Our advanced technology together with Tradelink’s profound domain knowledge and thorough understanding on the needs of the local banks form an unbeatable synergy in providing biometric authentication solutions to the banking industry in Hong Kong.”
“We are delighted to continue our partnership with DSB,” added Andrew Cheng, CTO, Tradelink. “The extension of cooperation provides DSB’s customers with convenient banking experience, thus demonstrates the strong capability of Tradelink in providing professional biometric authentication solutions and quality services. We have confidence and are prepared to extend our solutions to other industries such as insurance and security trading.”
Daon was named a 2018 Mobile Biometrics Platform Awards Leader by Javelin Strategy & Research.