Fraud-Proof Digital Experiences
Financial institutions have deployed biometrics in an effort to combat fraud. Unfortunately most banks still use centralized passwords which lead to credential reuse, phishing attacks, and billions of dollars in fraud-related costs.
From retail and commercial banking to large asset management, financial leaders trust HYPR decentralized authentication to secure digital experiences. Unlike legacy authentication that relies on centralized passwords, HYPR decentralizes your customers’ credentials to enable true password-less security. Getting rid of centralized passwords has enabled banks to eliminate credential reuse and stop customer fraud at a global scale.