OneSpan has signed a strategic partnership with digital identity provider, ForgeRock, to integrate OneSpan technologies into the ForgeRock Identity Platform.
The combined solution is based on OneSpan’s new integration with ForgeRock Intelligent Access to provide a single, open solution to support authentication, as well as risk and fraud management. Together, OneSpan and ForgeRock help banks and financial institutions orchestrate identity and access management while protecting customers from fraud.
ForgeRock brings an identity and access management (IAM) platform with an intuitive visual configurator and extensive connection options. To this, OneSpan adds its multi-factor authentication and risk analytics, which use machine learning to identify and help protect against fraud in real time. Within the ForgeRock platform, customers can easily select OneSpan capabilities and drag and drop these into an intuitive workflow builder.
“Online identity management and fraud prevention continue to be huge pain points for the financial industry, as fraud only increases due to Covid-19,”1 said ForgeRock Senior Vice President of Corporate and Business Development, Ben Goodman. “As a result of this increase, partnerships like the one with OneSpan are even more important, and the tight integration with ForgeRock Intelligent Access will allow our joint customers to quickly realize better security and user experiences for their customer journeys.”
“This alliance brings together two best of breed solutions to help banks and financial institutions fast track the implementation of intelligent adaptive authentication and fraud management across multiple lines of business,” said OneSpan’s Vice President of Global Alliances, Xavier Juredieu. “With our combined technologies, ForgeRock IAM customers get a single platform that adds extensive multi-factor authentication, fraud management and mobile security capabilities to efficiently manage and protect the entire digital banking journey.
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