Secure authentication with biometric MFA across regional banking network 

To ensure compliance with stringent security and financial regulations such as PCI-DSS, GLBA, and SOX, banks must fortify access. Recognizing the need for a robust solution, auditors advised the First National Bank of Long Island to implement a strong Multi-Factor Authentication (MFA) to secure access to customer data effectively.

However, increasing password complexity requirements presented a challenge, burdening IT staff and users with painful password management procedures. Instead, the bank chose biometrics and the PortalGuard platform.

“BIO-key offered the best pricing and their MFA solutions were just as effective as their competitors."

Paul Vasquez, Assistant Vice President

First National Bank of Long Island 

By leveraging BIO-key's state-of-the-art biometrics and IAM platform, Portal Guard, the First National Bank of Long Island experienced several significant benefits:

1. Multi-Factor Authentication (MFA) with Biometrics: The implementation of biometric authentication added an additional layer of security, ensuring that only authorized users could access sensitive information.

2. Streamlined Workflow with Single Sign-On (SSO): BIO-key's solution is integrated seamlessly with the bank's existing systems, providing a simplified and efficient user experience through single sign-on capabilities.

3. Enhanced Security for Roving Users: With the ability to authenticate using biometrics, employees who frequently move between locations or work remotely could securely access the bank's systems, mitigating the risks associated with traditional password-based authentication.

4. Drastically Reduced Password Resets: By eliminating the reliance on complex passwords, the bank experienced a significant decrease in password reset requests, alleviating the strain on the IT staff and improving overall operational efficiency.