Identity management in financial services: Is flexibility the key?

identity management financial services

At Future Identity Finance in London, we were excited to grab a few minutes with Mate Barany, Account Executive at Ping Identity.

Ping is a leading identity management platform, and looks  to optimise the user journey, and therefore the security and experience of end-users, through orchestration. Mate explains that Ping does this through, “A low-code, no-code approach, which allows each business to define its user registration and user authentication journeys.”

This approach allows Ping to evolve in line with market trends across financial services and other segments and react to business demands and challenges in an agile manner. But beyond the benefits to efficiency, orchestration also allows financial institutions to be flexible to user needs and in doing so increase the accessibility of their products.

Mate explains that this can involve a combination of physical and digital identity elements, and that its also important to consider the level of friction present within the identity management process. While much of the focus is on providing services as quickly as possible, Mate points out that, “depending on the target demographic some friction is necessary to reassure the end customer that security is present within the process.”

Watch the full interview now to hear Mate’s thoughts on how to achieve the right balance with identity management, as well as his predictions for how the future of identity will evolve.


Save the date for the Future Identity Festival, taking place November 13th – 14th 2o23, in London. World-class learning and engagement, meets live entertainment, all while connecting you with the identity players you want to meet.