Digital Banking
Fabrick, Crédit du Nord Group partner to deploy biometric authentication
April 13, 2021
Fabrick, an Italian open banking ecosystem and Crédit du Nord, a French retail banking group comprising nine regional banks, launched Identity Check Mobile to make biometric authentication available to cardholders for remote transactions, according to press release.
Crédit du Nord has selected Fabrick's IDCM solution to meet customer authentication requirements for its French customers. IDCM provides a secure way for users to identify themselves while shopping online. As part of the payment authorization process, users receive a notification on their phone which asks them to identify themselves using secure biometric data via their mobile phones, comprising fingerprint, face or voice recognition.
"Strong customer authentication that harnesses the power of secure biometric data is an increasingly vital part of modern banking, providing the convenient and protected transactions that customers demand. We are proud of our collaboration with Crédit du Nord and this is an opportunity to embark on an innovation journey with them," Marco Casartelli, deputy CEO of Fabric said in the release.
Fabrick's IDCM solution has been integrated into a new standalone white-label app configured with Crédit du Nord's own branding and published on app stores under the name of "Mon e-paiement sécurisé". The IDCM solution also enables banks to integrate the IDCM Software Development Kit, developed by Fabrick, into their existing mobile banking or payment app, simplifying the time-to-market of IDCM, while still being able to support the credit card system providers.
"This application guarantees both strong customer authentication meeting the requirements of regulations on payment services. The app is both an additional anti-fraud system as well as a secure shopping experience," Laurence Deschuyteneer, head of payments for the Crédit du Nord group said in the release.
