Case Study

Neo Bank in UK Utilizes HID Global Solutions to Help Launch Services in UK’s New Banking Environment

Neo Bank in UK Utilizes HID Global Solutions to Help Launch Services in UK’s New Banking Environment

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CASE STUDY Neo Bank in UK Utilizes HID Global Solutions to Help Launch Services in UK’s New Banking Environment Achieving seamless PSD2 compliance to enable safe, secure transactions via cloud-based authentication service. The rise of neo banks, beta banks and other fintech start-ups has created a level of disruption that the UK banking industry has not been seen in many years, if ever. And while the “old guard” is taking on the challenge to adapt, the newcomers have seen an opening and are pressing their advantage. That’s not to say that the balance is leaning fully in favor of neo banks. They have their own set of challenges, including gaining market share, attracting new customers and ensuring secure transactions for their customers. After all, banking is built on trust and c

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