Nordic financial services group Nordea will be deploying Veridium’s ID platform to replace tokens with biometric authentication for access to confidential and secure data.

This forms part of Nordea’s strategy to transform its organisation, embracing multi-factor biometric authentication for information security classification. The partnership will provide increased security, ease of use and a lower total cost of ownership that is scalable.

Veridium’s software-only solution provides customisation and scalability to Nordea to protect the firm’s critical data and increase security over its data access management.

James Stickland, CEO of Veridium, said: “Maintaining customer, employee and company data is critical for all organizations – but especially those in the financial industry.With Veridium, Nordea will be able to take its first steps in advancing security for high privilege access and GDPR compliance.

“We’re delighted Nordea has selected Veridium for their security and authentication needs and look forward to continuing this partnership.”

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