This forms part of HTB’s wider strategy to improve customer and broker experience by unifying credentials across all platforms. Ping Identity will enable secure access to HTB’s products and services through multi-factor authentication.
This market leading platform delivers 24/7 monitoring, optimization and alerting extending security outside of HTB operating hours. The software helps HTB provide a seamless user experience and will be rolled out across services throughout 2020.
Russ Fitzgerald, CIO at HTB said: “This is another great example of HTB delivering best in breed technology and innovation that makes better banking a reality for our customers and brokers. We are constantly evolving our digital proposition in line what the best in the market place can offer. We chose Ping Identity as it provides a range of services that will underpin our significant growth plans over the next few years.”
James Belcher, Account Manager for Ping Identity added: “We are pleased to be working closely with HTB to deliver the Ping Intelligent Identity™ platform that is trusted by the majority of the CMA 9 along with major banks, building societies and financial service providers. Ping helps to establish backend workflows that comply with the Open Banking Security Profile, while also eliminating the need to build the technology from the ground up.”
Chris Michael, Head of Technology at Open Banking stated, “We’re delighted to share that Ping Identity is the first platform to pass all the mandated and optional security tests and could be considered as the ‘gold standard’ that others should seek to emulate.”
ENDS
For additional information or to arrange an interview, please contact:
Andrew Bullock
Head of Marketing & Communications
Hampshire Trust Bank
Tel: +44 (0) 20 7886 4722
Email: andrew.bullock@htb.co.uk
Notes to editors
Hampshire Trust Bank is a specialist bank, staffed by experts focused on helping UK businesses realise their ambitions. Our dedicated Specialist Business Finance, Development Finance and Specialist Mortgages divisions ensure that businesses receive the outstanding service, lasting relationships, integrity and expertise they need to prosper. We also provide savings accounts to individuals and businesses and since we lend only to businesses, our savers can be sure their money will be used to boost the British economy. The bank is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority.