ActivIdentity, a provider of authentication and credential management solutions, has launched new appliance-based version of its ActivIdentity 4TRESS authentication server for banking sector.

The product is targeted at small- and mid-sized banks and other financial services organizations with a need for a range of authentication methods as well as audit logging across multiple service channels.

The ActivIdentity 4TRESS authentication appliance combines ActivIdentity’s authentication engine with a hardware security module (HSM). The embedded HSM is Federal Information Processing Standards (FIPS) 140-2 Level 3 and Evaluation Assurance Level (EAL) 4+ compliant.

The ActivIdentity 4TRESS appliance offers support for authentication methods such as user name and password, knowledge-based authentication, one-time password, out-of-band transaction codes and public key infrastructure [PKI] certificates.

Jerome Becquart, vice president of products and services at ActivIdentity, said: “The combination of ActivIdentity 4TRESS authentication server software and the convenience of the appliance form factor enables financial services organizations to launch a highly secure internet banking site or fortify an existing online presence in a shorter period of time, at a reduced total cost of ownership.

“Leveraging the appliance, organizations can abide by compliance mandates and grow customer confidence in the security of self-service channels such as internet, mobile banking, or automated phone systems.”