HID Global has added ActivID Flexi Token to its identity assurance portfolio to provide cost-effective pin pad solution to financial institutions and enterprises.
The new solution offers cost-effective solution with advanced security capabilities for mass deployment.
The company said new hardware token offers flexible solution for graphical customization and deployment while providing offers for on-site initialization to protect data and enhance security programming.
This apart, the new token also minimizes organization’s costs for protecting data in high volume deployments using a secure, two-factor authentication device.
The financial institutions can easily mail and carry tokens which can be utilized for user authentication, transaction signing and host verification using a button on the device.
In addition, the solution can protect critical data by supporting security services, standards and algorithms.
Company officials said banks and enterprises can use their own authentication keys or reinitialize products on-site while improving security.
According to HID Global, it can help banks to protect themselves and their customers from fraud, data breaches and unauthorized transactions.
Also, the token can be used with ActivID authentication system without replacing or updating any equipment.
“Our banking and enterprise customers now have another OTP token option as part of an end-to-end solution that delivers one of the industry’s best possible out-of-the-box experiences,” said Tim Phipps, vice president of product marketing for HID Global.
Few days ago, HID Global unveiled an ultra-thin Polycarbonate (PC) ePrelaminate inlay for electronic ID (e-ID) cards which is the first HID Global inlay to use HID direct bonding platform technology.
In May, HID Global launched vanGO, a visual security solution that enables organizations to issue personalized IDs with protection.
In March, HID Global acquired Quantum Secure, a provider of software solutions for managing identities.