What is Okta’s Financial Grade Identity™?

Okta’s Financial Grade Identity is increasingly relevant in a world where financial fraud is on the rise. It’s crucial for businesses to protect their users and help keep sensitive data, like banking details or personal identification, only accessible to the right individuals. 

Financial Grade Identity aims to provide a robust, seamless experience for consumers, financial institutions, and other organizations needing an additional security layer.

For businesses, adopting Okta’s Financial Grade Identitymeans helping to reduce the risk of fraud and enhance customer trust. For users, it means a safer, more reliable way to access their accounts and complete transactions online.

The main goal of Financial Grade Identity is to provide a high level of confidence in the identity of a user or entity, helping to confirm that transactions and interactions are secure and authenticated.

To learn more, see our Highly Regulated Identity product, whose capabilities support Okta’s Financial Grade Identity