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MUFG Bank launches biometric authentication for internet banking

Phillip Dunkelberger, Nok Nok Labs’ CEO

Japan’s MUFG Bank has deployed the Nok Nok S3 Authentication Suite (NNL S3 Suite) for internet banking, the installation of which was completed by Hitachi Ltd.

“We are honored that MUFG Bank, Ltd. has selected Nok Nok Labs to provide their mobile customers with peace of mind when accessing their financial data,” said Nok Nok Labs’ CEO Phillip Dunkelberger. “They recognize that by implementing Nok Nok Labs biometric-based authentication their customers will have a frictionless, scalable and secure authentication experience.”

According to the supplier, the NNL Suite will help MUFG Bank’s financial services customers to authenticate their mobile banking application using any biometrics on their devices and it provides them with a scalable method to authenticate users that is interoperable with their existing security environments, user-friendly and increases customer security.

“Transactions using mobile devices are rapidly spreading and it is essential to support both usability and security. By combining Hitachi’s abundant system development capabilities and know-how in the financial system and security-related fields, and Nok Nok’s globally deployed and proven FIDO certified products, we achieved this compatibility, which led to this adoption. In addition to further improvements so that users can use Internet banking securely, we will continue to expand FIDO-compliant authentication services and their applications to financial institutions and other various industries.” said Mr. Nobuo Nagaarashi, General Manager, Financial Information Systems 1st Division, Hitachi, Ltd.

Headquartered in Tokyo, MUFG Bank MUFG has a global network with over 1,800 locations in more than 50 countries. The bank offers an extensive scope of commercial and investment banking products and services to businesses, governments and individuals worldwide.

Founded in 2011, Nok Nok provides secure and scalable methods to authenticate users and devices. Nok Nok assists global organizations to improve the user experience to access digital services, while meeting the privacy and regulatory requirements.

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