Societe Generale is to migrate its UK corporate customer base to 3SKey, SWIFT’s digital identity solution. It is already using 3SKey in France to enable its corporate customers there to digitally sign files of payments sent to the bank over a variety of channels.
“We wanted to strengthen the security around our web banking portal and chose the 3SKey solution because it represented the most robust, secure, and cost-efficient solution for our customers,” says Eric Bayle, head of corporate cash management for Societe Generale in the UK. “We were also keen to simplify the user experience for our corporate users and moving from a bank proprietary solution to a universal, multi-bank, multi-network digital identity solution represented a significant step towards that goal.”
3SKey is currently offered in more than 50 countries by 26 banking groups subscribed to the service, and 45 application providers have integrated it into their solutions.
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