DFCU Financial Chooses Bharosa’s Online Authentication Solution

October 05, 2006, 7:27 p.m. EDT 1 Min Read

DEARBORN, Mich. – DFCU Financial said yesterday it has signed with Bharosa to implement the company’s multi-factor online system. Bharosa’s Authenticator and Tracker products help credit unions and banks to satisfy the year-end regulatory deadline for installation of a multi-factor authentication solution. The $1.8 billion credit union will deploy several software products from Bharosa, including real-time Bharosa Tracker fraud detection, as well as multi-factor authentication. DFCU will also use Bharosa’s Universal Installation Option to enable seamless integration .

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Regulation and compliance

Fed mulls smaller role for governance in supervisory ratings

The Federal Reserve Thursday issued a proposal that would allow banks to be considered "well managed" even if they are found to be deficient in their governance and controls.

By Kyle Campbell

26m ago
Core conversions

Live Oak says customers will get new debit cards on time

The digital bank had previously notified about 1,000 business customers that they would lose access to their debit cards for a week, amid a systems update.

By Allissa Kline

54m ago
Gould confirmed as OCC head

Jonathan Gould, who's worked in the crypto industry and has advocated for more fintech and crypto-friendly regulation of banks, was confirmed by the Senate Thursday. He is expected to both continue deregulating the banking sector and encouraging bank-fintech partnerships.

By Claire Williams

56m ago
Artificial intelligence

Digital workers are coming. Managing them is a new challenge

Several large banks are deploying agentic AI. There's a big difference between managing people and managing AI agents.

By Penny Crosman

1h ago
Fraud

Sen. Hassan vows crackdown on fraud and AI-driven scams

The New Hampshire congresswoman promised new investigations into scam drivers, including AI and digital payment platforms.

By Carter Pape

1h ago
Politics and policy

CTA rollback takes away key AML tool for banks

Despite bipartisan support and backing from bank trade groups, the Treasury scrapped a corporate ownership reporting rule meant to expose shell companies and aid financial compliance. But the problems that spurred the law's passage still remain.

By Ebrima Santos Sanneh

1h ago