Since its release in October of 2005, the company says 11 prominent financial institutions have selected Corillian’s Intelligent Authentication as the solution of choice to deliver strong services to their online banking users.
According to Corillian, Intelligent Authentication uses a patent-pending, multi-layered approach to authenticate online banking users. It claims to improve on the traditional authentication mechanism of a user name and password, in its ability to track multiple patterns of online banking behavior and various non-personal attributes of the online banking user to determine when it to block or challenge suspicious visitors.
Corillian says this multi-layered authentication technique is virtually transparent to the end user and facilitates a user-friendly, non-intrusive experience, while also ensuring visitors to the web site are legitimate.
Jim Maloney, chief security executive at Corillian said, Intelligent Authentication strikes that critical balance – balancing the usability desired by end users while substantially improving the authentication security mechanism to meet the modern expectations of regulators, financial institutions and consumers.