SOLUTIONS

Powerful PIAM for Banks & Financial Services

Enable the automation and central management of workforce and visitor physical access identities for your financial institution through a single, centralized platform.

Talk to an expert

Mitigate Security Risk With a Centralized PIAM

In today’s banking environment, where customer data protection is under close scrutiny, using multiple access systems and manual methods can leave security vulnerable. Strengthen your defenses by centralizing, streamlining, and automating your physical identity and access management (PIAM) processes. By bringing everything under one roof and embracing automation, you can boost security, reduce risks and safeguard valuable information.

HID PIAM’s True Power and Benefits

Tailored specifically for banks and financial institutions, HID PIAM offers cutting-edge solutions to address the unique security challenges prevalent in the industry. From risk management to regulatory compliance, our platform empowers financial organizations to safeguard their assets and ensure the integrity of their operations.

lock icon

Centralized

Reduce security risk from insider threats and unauthorized access with centralized management
shield icon

Automated

Keep up with regulatory compliance and audits through reliable audit trails with predictive analytics and automated reporting
cogs icon

Efficient

Enhance operational efficiencies with integrated systems, eliminating manual tasks and streamlining identity management processes
savings icon

Affordable

Decrease operational costs with digital forms, automated data analysis reports, and faster processing times
Request a demo of HID SAFE

Predict Workplace Threats

Minimize insider threats and protect high-risk areas with security intelligence dashboards and reports. HID SAFE uses real-time, machine learning to collect and correlate cyber and physical identity data, providing you with actionable security insights and reports.

Explore HID SAFE Analytics
A computer screen showing a company’s identity data

How HID PIAM Works for Banking and Financial Services

person using phone and laptop

HID PIAM streamlines and secures identity management within financial institutions through a centralized platform. Here’s how it operates.

Centralized Management: Consolidates various access systems into a single platform, providing unified control over workforce and visitor identities.

Automated Processes: Employs automation to manage access rights, compliance audits, and reporting, reducing manual intervention and errors.

Real-Time Analytics: Utilizes machine learning and predictive analytics to monitor and assess risks, offering actionable insights through security intelligence dashboards.

Seamless Integration: Connects effortlessly with existing systems and biometrics through standards-based APIs, ensuring a smooth integration process.

Simplify Regulatory Compliance and Reduce Audits

Automate access rights audits and ensure industry compliance effortlessly. With HID SAFE, every access request and approval is logged, keeping records current and reports streamlined.

Read about HID SAFE'S ISO 27001 certification

Efficient, Scalable and Cost-Effective

Reduce the time and expense of managing security and physical access operations.

HID SAFE integrates with existing physical access systems, multiple biometric platforms and most background checking services. It is simple to connect and streamline through standards-based APIs and was designed to help you today and to adapt to future security needs. 

Frequently Asked Questions

1. How does IAM enhance banking security?

IAM systems like HID PIAM provide centralized control over digital identities, manage access rights and enforce security policies to mitigate risks and safeguard sensitive financial data. Learn more about our centralized PIAM solutions for banks.

2. What is the role of privileged access management (PAM) in financial institutions?

PAM within HID PIAM frameworks helps manage and monitor privileged accounts, reducing the risk of unauthorized access and insider threats. 

3. How does HID PIAM ensure compliance with banking regulations?

HID PIAM automates access rights audits, maintains comprehensive audit trails, and generates streamlined reports, ensuring compliance with industry regulations such as GDPR and Basel. Discover how we support regulatory compliance.

4. Can HID PIAM integrate with existing banking security systems?

Yes, HID PIAM integrates seamlessly with existing banking security systems, including IAM platforms, biometric authentication systems and SIEM solutions. See our integration capabilities for more information.

5. What are the benefits of digital identities in banking security?

Digital identities streamline identity management, enhance customer authentication and improve overall security posture.

6. How does HID PIAM assist in risk management for financial institutions?

HID PIAM offers real-time security intelligence, predictive analytics, and risk assessment tools to identify and mitigate potential threats. 

7. What governance information does HID PIAM offer to banking institutions?

HID PIAM provides centralized governance information, including access control policies, compliance requirements and audit trails, ensuring regulatory compliance and effective governance.

bank icon

HID SAFE for Finance and Banking

Learn how to reduce risk from insider threats, keep up with compliance and lower costs with converged access control.

Read the brochure
connected world icon

Solving Global Identity Management Challenges

Learn how HID helps a financial services client manage thousands of identities using multiple access control systems.

Read the case study

Need Help Getting Started?

Our experts are here to help your organization figure out your first move.

Let's get going