Identity and Access Management for Financial Institutions
How Okta has helped financial institutions
6.6%
Growth of monthly mobile banking customers
Midwest-based retail bank
$25K
Annual development cost savings
FieldPoint Private Bank & Trust
2,000+
Hours of work saved per year for the technology team
Stay ahead of changes in the banking landscape
The identity landscape for financial institutions is quickly evolving.
Consumers have higher expectations than ever, and half of them consider switching providers if businesses don't deliver the digital experiences they demand.* Customers and employees alike have gotten used to seamless virtual experiences during the pandemic.
The banking landscape is shifting, with more fintech companies entering the market and the rise of open banking. And, globally, regulators are taking an interventionist approach to increase competition, increase cybersecurity, and protect customer data.
So how can you adapt to the changing times?
Identity can help.
Personal Capital manages its cloud environment easily and securely
The company now has secure, scalable, Zero Trust AWS cloud infrastructure access and a low-friction user experience with consistent MFA.