Credit Unions Embrace BioPassword's Authentication Solution to Meet FFIEC Compliance Requirements14 October 2006
FORUM Credit Union, with more than 91,000 members nationwide and $985 million in assets, FORUM selected BioPassword after searching for a multifactor authentication solution that was both secure and transparent to users. With BioPassword, FORUM is complying with FFIEC guidelines, while offering users the convenience of secure online banking without obtrusive hardware solutions. "We are extremely pleased to be selected by the growing number of customers across the financial services industry that demand a cost-effective multifactor authentication solution that is easily deployable across the Internet and enterprise," said Mark Upson, president and chief executive officer at BioPassword. "These customer wins, along with the expansion of our Premier Partner Program, validate BioPassword's momentum in the authentication market." About Smart Advisors, LLC Headquartered in Indianapolis, Smart Advisors (www.smartadvisors.net) is an information technology (IT) professional services firm with an extensive background in a number of major markets, including banking, insurance, service provider and data security. We collaborate with our partners and clients to help leverage leading-edge information technologies and tools to drive business process improvements, address new opportunities and maximize bottom-line results in the financial services and other market segments. Our services include sales and marketing support for our partners, and business strategy and transformation, enterprise integration and mobile technology solutions for our clients. About Allied Solutions Allied Solutions (www.alliedsolutions.net) has provided quality insurance, lending and marketing products and services that meet the constantly changing needs of financial institutions and their members for more than 26 years. We provide innovative, value-added products and services that give our clients a competitive advantage and back them up with a level of service that is unsurpassed. Cutting-edge technology, competitive pricing strategies, and superior service and training support our business. We train our staff and design our systems around this philosophy, and choose carriers that share the same commitment. This commitment to service, combined with our commitment to quality, sets us apart from the competition. About BioPassword BioPassword, Inc. (www.biopassword.com), located in Issaquah, Washington, leads the market in delivering enterprise security software solutions for multifactor authentication and reducing fraud using the biometric science of keystroke dynamics. By creating a biometric template from user logon credentials in combination with a high-performance behavioral biometric processing engine, the device-independent authentication software is fast, accurate, transparent, scalable to millions of users and immediately deployable across the organization and the Internet without the need for expensive tokens, cards or other specialized hardware. Using BioPassword to monitor and authenticate users, organizations can quickly and cost-effectively implement secure access, comply with regulatory requirements, and reduce the risks of fraud. BioPassword products include Computerworld Horizon Award-winner BioPassword Internet Edition for multifactor authentication in web-based environments and BioPassword Enterprise Edition for multifactor authentication in Active Directory networks and Citrix Presentation Server environments. For more information on BioPassword please see our website or contact us at (425) 649-1100. BioPassword® is a registered trademark of BioPassword, Inc. All other trademarks and registered trademarks are the property of their respective owners. SOURCE: BioPassword, Inc.
Source: marketwire
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