Powering identity management solutions for a consumer bank
When a top-10 consumer bank wanted to grow its digital identity offerings, it looked to a team of engineers, UX designers, and a digital identity expert from Blankfactor. We rapidly designed, built, and delivered a suite of B2B SaaS products for onboarding, risk mitigation, and more.
Our team aimed to implement:
- Industry compliance and risk analysis mechanisms such as OFAC / SDN checks, MNO checks, GovID scans, credit bureau checks.
- Identify verification with MFA and device fingerprinting.
- Customizable workflows for step-up authentication, enabling third-party partners to integrate into their own products.
Within the first year of launch, the new products led to new business engagements with a large healthcare provider and a top-five payroll processing company. Blankfactor’s speed of delivery and expertise in fraud prevention established us as a strategic partner for the bank’s identity management initiative.