Jack Henry & Associates, a provider of integrated data processing system solutions, is using RSA Security’s risk-based security solution to provide strong authentication for online banking to its financial institution clients.
The RSA Adaptive Authentication technology is said to analyze every online transaction and score the potential fraud-risk based on a broad range of metrics, including the identity of the user’s computer, IP address, geographic location and prior transaction behaviors.
Chris Young, SVP of RSA Cyota Consumer Solutions, said, Partnering with leading Internet banking providers like Jack Henry is a key goal of ours. Now, Jack Henry’s financial institution clients of all sizes can benefit from a fast and simple deployment of proven technology, direct from their trusted service provider. Our risk-based authentication solution is seeing great traction in the industry, and this partnership is a great endorsement of its formidable capabilities.
Jack Henry says it will offer the company’s risk-based authentication solution to the 1,500 financial institutions using its internet banking solutions.