Corillian Intelligent Authentication Sets Industry Standards for Scalability.PORTLAND, Ore. -- Proven Online Authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. Solution Provides Financial Institutions with Seamless User Deployment, High Performance and Compliance with FFIEC FFIEC Federal Financial Institutions Examination Council Guidance Corillian Corp. (Nasdaq:CORI), the top provider of anti-fraud, online banking and online payments solutions to the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry, today announced results of new performance and scalability tests for its enterprise authentication security product, Corillian Intelligent Authentication(TM). Corillian is already the recognized leader in online banking scalability and performance and currently supports some of the largest online banking sites in the world, including the second largest site in the U.S. with over 10 million active users on a single system. Corillian's experience in highly scalable and reliable online banking applications was instrumental in developing the industry's most scalable FFIEC-compliant authentication solution, Corillian Intelligent Authentication. Corillian Intelligent Authentication, which is available either integrated into Corillian's online banking services or as a stand-alone solution that can be integrated with other online banking or e-commerce systems, meets the performance and usability How easy something is to use. Both software and Web sites can be tested for usability. Considering how difficult applications are to use and Web sites are to navigate, one would wish that more designers took this seriously. See user interface and usability lab. requirements of financial institutions of all sizes. In recent benchmark tests using widely-available, commodity server hardware, Corillian Intelligent Authentication processed nearly 400 authentication transactions per second In a very generic sense, the term Transactions Per Second refers to the number of atomic actions performed by certain entity per second. In a more restrictied view, the term is usually used by DBMS vendor and user community to refer to the number of database transactions performed , or approximately 34.5 million authentications a day -- well beyond other industry solutions. These numbers were achieved with a minimal hardware investment and prove that Corillian Intelligent Authentication can successfully scale to protect even the largest financial institutions' online banking populations -- a trait trait (trat) 1. any genetically determined characteristic; also, the condition prevailing in the heterozygous state of a recessive disorder, as the sickle cell trait. 2. a distinctive behavior pattern. necessary in today's market of fast and reliable performance expectations. Additionally, where even more transaction throughput The speed with which a computer processes data. It is a combination of internal processing speed, peripheral speeds (I/O) and the efficiency of the operating system and other system software all working together. 1. is required, the use of additional and/or higher performance hardware will result in even greater transaction scalability and authentication performance. Threats posed by the continued rise in phishing Pronounced "fishing," it is a scam to steal valuable information such as credit card and social security numbers, user IDs and passwords. Also known as "brand spoofing," an official-looking e-mail is sent to potential victims pretending to be from their ISP, bank or retail establishment. attacks and other fraudulent The description of a willful act commenced with the Specific Intent to deceive or cheat, in order to cause some financial detriment to another and to engender personal financial gain. activity in the industry have financial institutions demanding the highest level of security available. Customers using Corillian Intelligent Authentication have reported successful blocks of fraudulent users attempting to access online accounts with stolen credentials CREDENTIALS, international law. The instruments which authorize and establish a public minister in his character with the state or prince to whom they are addressed. If the state or prince receive the minister, he can be received only in the quality attributed to him in his credentials. , and the application is rolling out smoothly, meeting and exceeding the acceptance requirements of the financial institutions and their online banking users. Since its inception, more than 15 leading financial institutions have selected Intelligent Authentication to meet the needs for strong, layered authentication and an easy, reliable implementation. Institutions using Intelligent Authentication have experienced the excellent performance, reliability and end user acceptance. Additionally, due to the user-friendly design, institutions have experience low call-center impact. "Corillian's Intelligent Authentication solution has been an invaluable addition to our security program," said Eric Bangerter, director of Internet Services at UWCU UWCU University of Wisconsin Credit Union (Madison, Milwaukee) . "The live implementation of the application is rolling out smoothly and the solution immediately exceeded our expectations with respect to end-user adoption. Further, with the increase and evolution of online fraud in the industry, our members feel confident and secure in the protection that we provide as a result of Intelligent Authentication." Intelligent Authentication uses a patent-pending, multi-layered approach to authenticate (1) To verify (guarantee) the identity of a person or company. To ensure that the individual or organization is really who it says it is. See authentication and digital certificate. (2) To verify (guarantee) that data has not been altered. online banking users. Improving on the traditional authentication mechanism of a user name and password, Intelligent Authentication examines and tracks multiple patterns of online banking behavior and various non-personal attributes of the online banking user to determine when it is necessary to block or challenge suspicious visitors. This multi-layered authentication technique is virtually transparent to the end user and results in a user-friendly, non-intrusive experience while also ensuring visitors to the Web site are legitimate. Intelligent Authentication is a 'zero footprint' solution, requiring no distribution of hardware, software or tracking objects such as cookies to the end-users' computer. Intelligent Authentication's low-disruption design provides the power of behavior-based strong authentication with the simplicity and ease of use associated with user names and passwords, combining the best of both worlds -- usability and security. "Financial institutions rely on the performance of their defensive security technologies to enhance and preserve their reputation in the marketplace," said Alex Hart, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Corillian. "With this in mind, we leveraged our extensive, real-world experience in building, hosting, and securing online banking systems for leading financial institutions to create an innovative security solution that not only meets the stringent requirements of government regulators and financial institutions charged with protecting the assets and identities of consumers, but which also maintains the usability standards that consumers expect from their online banking site. Intelligent Authentication strikes that critical balance by providing a strong online authentication solution without disrupting the convenient online experience." To request a whitepaper that contains detailed information about these industry-leading results, please visit Corillian's security Web site at http://www.corilliansecurity.com. About Corillian Corporation Corillian is the market leader of online banking, bill payment and fraud prevention applications to the financial services industry. Corillian's fraud prevention solutions use Preemptive pre·emp·tive or pre-emp·tive adj. 1. Of, relating to, or characteristic of preemption. 2. Having or granted by the right of preemption. 3. a. Forensics See computer forensics. (TM) to protect web sites from phishers, hackers, and fraudsters. Corillian's strong authentication solution provides a low-cost solution for multi-factor authentication while maintaining high user satisfaction. With 28 of the top 100 U.S. banks and 20 of the top 100 U.S. credit unions as customers, Corillian serves over 25 percent of the online banking community. Corillian provides the most flexible, scalable and secure set of online banking applications across multiple lines of business, integrating best-practice functionality developed for some of the most innovative financial institutions in the world. Corillian features integrated applications across Consumer Banking, Small Business Banking, Wealth Management, Credit Card Management, and Corporate Cash Management, as well as enterprise wide solutions, including Fraud Detection, Payments Warehouse, Alerts, eStatements, and OFX OFX Open Financial Exchange OFX Outer Fix OFX Open Effects . Empowered by Corillian solutions, some of the world's most visionary 1. visionary - One who hacks vision, in the sense of an Artificial Intelligence researcher working on the problem of getting computers to "see" things using TV cameras. (There isn't any problem in sending information from a TV camera to a computer. financial institutions provide their online users with the tools to manage their finances more effectively and securely. For more information about Corillian Corporation, visit the company's Web site at http://www.corillian.com. |
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