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Financial Services

One Of The World's Largest Banks Goes Passwordless

How a global financial institution transformed workforce authentication for 200,000+ employees with SecureAuth Workforce Authority—achieving 75% faster logins and eliminating the friction of complex passwords and RSA tokens.

200,000+
Employees Worldwide
10+
Global Regions
100,000+
Users Passwordless

About The Organization

One of the world's largest financial institutions with operations spanning retail banking, investment banking, asset management, and commercial banking across multiple continents. As a systemically important institution, security and compliance are paramount to every technology decision.

The Legacy Problem

Authentication Was Broken

Before SecureAuth, employees faced daily friction that impacted productivity and actually weakened security through workarounds.

Password Fatigue

Employees were required to create and remember complex passwords with changed regularly. This led to constant reset requests and frustration, impacting productivity.

Clunky RSA Token Workflows

Every login required a separate RSA hardware token, generating one-time codes. Employees had to carry tokens everywhere, wait for codes to sync, and deal with battery failures and lost tokens.

Helpdesk Overload

Password resets and token issues consumed significant IT support resources. Each forgotten password or malfunctioning token meant downtime and frustrated employees waiting for help.

Security vs. Usability Tradeoff

Traditional MFA created friction that hindered productivity.

Key Results

Business Outcomes

Measurable impact across security, productivity, and IT operations

75%
Faster Authentications

Logins are now lightning-fast compared to the previous password+token process, boosting employee productivity across all regions.

70%
Fully Passwordless

70% of the workforce (~100k users) migrated to fully password-free workflows using biometrics or FIDO2 passkeys.

200,000+
Employees Onboarded

The solution scaled to the entire organization across 10+ global regions, demonstrating robust enterprise readiness.

60%
Helpdesk Reduction

Password reset and token-related support calls have plummeted thanks to self-service recovery options.

Selection Criteria

Why SecureAuth Was Chosen

The bank evaluated multiple identity providers and selected SecureAuth Workforce Authority for these key differentiators.

Adaptive Risk-Based Approach

Unlike static MFA, SecureAuth continuously evaluates risk and adjusts authentication requirements in real-time. Low-risk logins are frictionless; anomalies trigger step-up verification.

Microsoft Infrastructure Integration

Seamless integration with existing Active Directory, ADFS, and ADCS investments. No rip-and-replace required—SecureAuth extends and enhances what's already deployed.

Financial Industry Compliance

Proven track record meeting strict regulatory requirements including SOX, GLBA, PCI-DSS, and OCC guidance on authentication and access controls.

Enterprise Scale & Readiness

Demonstrated ability to handle 200,000+ users across global regions with high availability, redundancy, and 24/7 support for mission-critical financial operations.

The Problem

The Challenge

The institution faced mounting authentication friction and security concerns that impacted both employee productivity and security posture:

  • Password fatigue from complex passwords causing daily friction and constant resets
  • Clunky RSA token workflows creating delays during critical operations and trading hours
  • Rising security demands from regulators requiring stronger authentication without degrading user experience
  • Need to modernize without disrupting existing Microsoft infrastructure investments (AD, ADFS, ADCS)
  • Helpdesk overload from password reset and token-related support calls consuming IT resources
  • Requirement for continuous, adaptive security—not just point-in-time MFA that can be bypassed post-login
  • Global deployment complexity spanning 10+ regions with different compliance requirements
How It Works

The New Authentication Experience

From 20+ seconds with password and RSA token to 3-5 seconds with a simple QR scan or passkey tap.

👤EmployeeAccessesWeb Appor Workstation💻Redirects toADFS+ SecureAuthShows QR CodeUser scansSecureAuthMobile AppBiometric VerifySignedRisk EngineEvaluatesContext✓ Low RiskGrantsAccessGranted⏱️ Average time: 3-5 seconds (vs. 20+ seconds with password + RSA token)

QR Code Login

Scan with mobile app, verify with biometrics, instantly logged in

Passkey Authentication

FIDO2 passkey with Face ID or fingerprint—no codes to type

Hardware Key

YubiKey tap for privileged users who prefer physical tokens

The Solution

SecureAuth Workforce Authority Deployment

A comprehensive identity platform with multiple components working in concert to enable passwordless, secure access across the enterprise.

Smart Logon

An enterprise authentication app (SecureAuth mobile app) integrated with ADFS that enables passwordless login via QR code scanning and FIDO2 passkeys. At login, users simply scan a QR code or use a registered passkey on their device to authenticate. Smart Logon binds a passkey credential to each user's device (creating a 'device-bound' passkey) for seamless ADFS single sign-on. An AD password fallback is available only if needed for non-enrolled users.

  • QR code-based web authentication
  • FIDO2 passkey support with biometrics
  • Device-bound credential binding
  • Seamless ADFS SSO integration
  • Push notifications for approvals

Device Authority Agent

A lightweight agent on workstations and VDI (virtual desktop) endpoints that provides passwordless desktop access. It leverages ephemeral smartcard certificates to allow users to log in and lock/unlock shared workstations with a tap or mobile approval instead of typing passwords. The agent integrates with the bank's Active Directory Certificate Services (ADCS) to issue short-lived certificates ('ephemeral smartcards') for each login session.

  • Ephemeral smartcard certificate issuance
  • ADCS integration via Certificate Gateway
  • VDI and shared workstation support
  • One-touch unlock via mobile app
  • Seamless Windows domain login

Enterprise Passkey Management

A centralized system to manage employees' WebAuthn/FIDO2 credentials (passkeys) across the organization. This allows the bank to issue, bind, and revoke passkeys for users at scale—whether stored on users' smartphones (via Smart Logon) or on hardware security keys—all tied back to the user's Active Directory identity for governance and audit.

  • Centralized credential lifecycle management
  • AD identity binding and governance
  • Mobile and hardware key support
  • Enterprise-wide passkey revocation
  • Compliance audit trail

YubiKey Credential Storage

Support for hardware security keys (like YubiKeys) as a second form of passwordless authentication. Privileged users and employees who prefer a physical key can use YubiKeys to store cryptographic credentials (FIDO2 keys or X.509 certificates), which integrate seamlessly with SecureAuth's login flows. This provides an extra layer of security and a convenient alternative to mobile-based auth.

  • FIDO2 key storage on hardware
  • X.509 certificate support
  • Privileged access security
  • Password-free hardware authentication
  • Backup authenticator option

Risk-Based Authentication

Continuous risk evaluation is built into every login and device access attempt. SecureAuth evaluates contextual signals—device posture, location, user behavior, time of access, network characteristics—during authentication. If risk is low, users get a frictionless experience; if higher risk is detected (e.g. anomalous device or behavior), the system steps up with additional verification or restricts access in real time.

  • Contextual signal analysis
  • Adaptive step-up prompts
  • Behavioral analytics and anomaly detection
  • Real-time risk scoring
  • Action-level enforcement post-login
Future Opportunity

Mobile-First Credential Recovery

SecureAuth's mobile-first credential recovery process enables users to re-prove their identity via the mobile app or an ADFS plugin flow (e.g. scan ID, facial biometrics)—without calling the helpdesk. This self-service recovery is both secure and convenient, eliminating helpdesk bottlenecks.

  • Self-service identity re-proofing
  • ID document + biometric verification
  • No helpdesk required for recovery
  • Secure new passkey enrollment
  • Old credential revocation
Regulatory Compliance

Meeting Financial Industry Regulations

SecureAuth Workforce Authority was proven to meet strict financial-industry regulations, a critical requirement for a systemically important institution.

SOX

Sarbanes-Oxley access controls and audit requirements

GLBA

Gramm-Leach-Bliley customer data protection

PCI-DSS

Payment Card Industry authentication standards

OCC

Office of the Comptroller of the Currency guidance

FFIEC

Federal Financial Institutions authentication guidance

NIST

NIST 800-63 digital identity guidelines

Key Takeaways

In summary, SecureAuth's Workforce Authority deployment at this leading bank showcases how a large, regulated enterprise can successfully embrace passwordless, continuous authentication at scale. By integrating Smart Logon, device trust, and adaptive risk-based security into the bank's existing environment, the solution delivered a more secure yet simpler login experience for over 300,000 employees.

This case exemplifies the business value of marrying strong security with frictionless usability—passwordless is not only possible at scale, it's transformative.

Significant reductions in authentication time and support overhead
Strengthened security through constant risk monitoring
Modern MFA meeting strict financial industry regulations
Passwordless at scale is transformative, not just possible
Self-service recovery eliminated helpdesk bottlenecks
Enthusiastic employee adoption drove security cooperation

Explore Workforce Authority

Learn more about the platform powering this transformation—Smart Logon, Device Trust, Enterprise Passkey Management, and Mobile-First Recovery.

View Product

Ready To Go Passwordless?

See how SecureAuth Workforce Authority can transform authentication for your organization—eliminating passwords while strengthening security.