financial services

For financial service providers, enabling convenient and seamless payment while keeping sensitive customer information safe is paramount. In 2006, a group of providers founded the Payment Card Industry Security Standards Council, a global forum meant to develop and maintain guidelines and standards to secure payments and cardholder data. The…

5 steps you need to take to be prepared for next year’s deadline DORA is set to transform the financial services sector by enhancing cybersecurity and operational resilience across the EU. Okta’s Stephen McDermid explains what DORA means for the finance sector and why many firms are turning to automation to manage the complex layers of regulation…

By allowing consumers to securely share their financial information with trusted third-party providers like personal finance apps, open banking unlocks the trifecta of positive customer experience: greater convenience, more financial insights, and hyper-personalized services that improve how consumers move, manage, and make money.     In the era…

BeyondID is a leading managed Identity services provider specializing in Identity and Access Management (IAM), cybersecurity, and cloud migration. Their team of Okta Certified experts has vast real-world experience helping everyone from fast-growing startups to Fortune 1000 enterprises discover, migrate, integrate, and manage Identity solutions…

We’ve hit a tipping point in the battle between traditional financial institutions (TradFi) and financial technology (fintech) disruptors. Digital banking (led by fintech) has become ubiquitous, with nearly universal adoption —  eight in 10 consumers now use some type of digital financial tool, and half of Americans use fintech tools on a daily…

We’ve seen a lot of turmoil in the global banking system in recent weeks. Several near-simultaneous failures in the U.S. and Europe have rattled public confidence in banks and financial institutions, according to at least one recent poll. For the average consumer, the old mattress might be looking like a more appealing place to stash their savings…

In today’s digital world, customers and partners have no reason to tolerate poor user experiences, especially from legacy financial organizations. Millennials and Gen Z now form the largest adult cohort globally, and they expect streamlined, personalized, secure access to financial services. These technically literate consumers can and will switch…

Learn more about how partnering with Okta can drive growth and loyalty for Financial Services organizations. Interesting in going deeper? Check out our Financial Services organizations page.

One of the most stable, enduring industries you can name, at least in the developed world, is finance and banking. But there’s a major disruption coming, in fact, it’s already landed. Open Banking is revolutionizing the industry and threatening traditional banking models. At its most basic, this new model requires financial institutions to provide…

Over the past few months, most of us have begun to return to our usual activities. We’re heading back to the office, going out for lunch with colleagues, and boarding planes. But it’s certainly not business as usual. According to a recent McKinsey Global Survey of executives, the pandemic has accelerated corporate adoption of digital products by…