Japan’s MUFG Bank has completed the installation of Nok Nok S3 Authentication Suite (NNL S3 Suite) for internet banking.
The installation works were completed by Nok Nok Labs partner Hitachi.
Nok Nok Labs CEO Phillip Dunkelberger said: “We are honoured that MUFG Bank has selected Nok Nok Labs to provide their mobile customers with peace of mind when accessing their financial data.
“They recognise that by implementing Nok Nok Labs biometric-based authentication their customers will have a frictionless, scalable and secure authentication experience.”
The rollout of NNL S3 Suite will enable MUFG Bank’s customers to authenticate their mobile banking application using any biometrics.
Interoperable with MUFG Bank’s existing security environments, the technology increases customer security on internet banking.
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By GlobalDataFurthermore, the NNL S3 Suite will enable them to carry out banking transactions faster maintaining global security standards.
The service is available on both iOS and Android smartphones.
Hitachi Financial Information Systems 1st Division general manager Nobuo Nagaarashi said: “Transactions using mobile devices are rapidly spreading and it is essential to support both usability and security.
“By combining Hitachi’s abundant system development capabilities and know-how in the financial system and security related fields, and Nok Nok’s globally deployed and proven FIDO certified products, we achieved this compatibility, which led to this adoption.
“In addition to further improvements so that users can use Internet banking securely, we will continue to expand FIDO compliant authentication services and their applications to financial institutions and other various industries.”