We outline the market outlook for IAM in the retail banking industry — from investment trends and leading companies to recommendations for the players in the space.
What is IAM?
Identity and access management (IAM) platforms verify identity and provide appropriate access to customers or employees.
Features & capabilities
IAM provides retail banking leaders with several capabilities, including:
- Multi-factor authentication
- Single sign-on
- Biometric authentication
- Risk-based authentication
- 3D-Secure authentication
- Privileged access management
Benefits
IAM offers these substantial benefits to retail banking leaders:
- Lower security operation time
- Fraud prevention
- Improved digital security and compliance
- Increased speed
- Identity verification accuracy
Want the full expert post? Become a CB Insights customer.
If you’re already a customer, log in here.
