The partnership covers all geographies and will focus on delivering holistic authentication to the financial services segment, including banks, payment services providers, credit card networks, international payment transfer companies and fintech companies.

Integrating the unique insights from the ThreatMetrix Digital Identity Network® with Gemalto’s authentication solutions will help protect online customers from external attacks, while striking the balance between a user-friendly and secure online experience. The combination of the expertise and comprehensive solution set from both companies will help provide financial institutions the ability to cover the entire spectrum of risk-based and strong authentication techniques.

Leveraging best-in-class authentication solutions from ThreatMetrix and Gemalto enables financial institutions to secure and grow their online business without complexity. The integrated offering provides scalable, flexible, and compliant protection for banks and financial institutions.

“Authenticating digital identities has become essential for the financial services industry,” says Pascal Podvin, SVP of field operations for ThreatMetrix. “This allows financial institutions to deliver superior customer experiences while driving online revenue growth. Crucially, this also prevents massive losses from rising fraud attacks, particularly in cases of identity spoofing.”

He added, “The integration of risk-based and strong authentication provides smart authentication that’s secure, real-time and has minimial disruption for the customer experience. With ThreatMetrix and Gemalto working together, our customers are able to exceed customer requirements for smooth omni-channel experiences, while achieving compliance with regulators worldwide.”

According to Hakan Nordfjell, Senior Vice President, eBanking & eCommerce at Gemalto, “Combining ThreatMetrix capabilities with Gemalto’s rich set of authentication solutions enables banks to optimize the balance between user experience, trust and security. We also help them comply with the latest regulations such as the Regulatory Technical Standards of PSD2. For banks, this will facilitate higher adoption of digital banking across their customer base, as well as targeting a reduction of both false acceptance and rejection rates.”

Many major financial institutions are already using ThreatMetrix and Gemalto services. Through this partnership customers benefit from a single vendor relationship, including contractual, maintenance, support, and professional services.