HID Global, a leader in secure identity solutions, said its ActivID Authentication Appliance has won the ‘Most Innovative Security or Risk Service or Product’ in the 2013 Retail Banking Awards – Security and Risk.

The awards honour innovation in the banking industry by the European Banking Forum (EBF) organisation.

“With the rapid rise in mobile and traditional online banking, financial institutions need to apply consistent security practices and take a holistic view of fraud in all channels since customer information and transactions can be performed at multiple points of access,” said Harm Radstaak, managing director, EMEA with HID Global.

“The ActivID Authentication Appliance addresses banking customers’ needs to conveniently and securely access their accounts, online or on their mobile phone,” he stated.

The appliance offers a unified, integrated authentication platform that delivers operational cost-efficiencies including centralised security control for multi-channel banking environments.

It allows for intuitive management of credentials across a broad range of users and device types, while delivering risk-appropriate protection. - TradeArabia News Service