WASHINGTON -- Midwest Independent Bank (MIB) has selected PassfacesT Financial patented authentication product to safeguard its Internet banking customers with strong authentication capabilities. Passfaces will be used to provide an extra level of security to its users referencing an external cash management application. MIB is an FDIC insured commercial banking institution that is owned and directed by independent community banks. It is a bank that does business only with banks and bankers. MIB allows community banks' participation in the design, delivery and cost of their correspondent services.
"Our desire at MIB is to offer our customers the ability to gain access to third party applications using Passfaces authentication," said David Vandeven, President/CEO, MIB. "Standard passwords no longer provide the level of security that is required in today's online environment. Passfaces used as an authentication alternative to traditional passwords will provide our customers with a solution that offers the flexibility of remote logon from anywhere, yet supplies them with the confidence of having a secure authentication mechanism protecting valuable information. We selected Passfaces as it not only raises the bar in terms of security, but it is both easy to use and to implement."