I am delighted to announce the launch of AdamID – another first for not just the private banking, but the entire UK banking industry. Designed to maximise our clients’ security and protection, AdamID makes the Adam private banking experience as seamless as possible.
AdamID eliminates the need for a card reader by utilising the latest technology to engage a client’s Apple mobile phone as a way to authorise transactions and access Adam Online. With AdamID, clients will no longer need to carry a card reader – or even their card – when they wish to access Adam Online. Instead of having to punch in complex codes, every time a client logs in or makes a payment to a new payee, they will simply be prompted to confirm this on their mobile phone with just one tap.
Slick and seamless, AdamID removes the need to generate one-time passcodes at login or transaction authorisation. Rather, AdamID will provide full details of an attempted payment or log in to the user’s account on their mobile phone screen, and request confirmation which can be promptly given or denied with a single tap to their device. Users can enable AdamID via the settings menu of the Adam App, following which they will no longer require their card reader.
AdamID further bolsters our renowned approach to countering fraud. With the protection of our clients and their assets our greatest priority, we place a continuous focus on reviewing, assessing and refining our defences – while ensuring the personal touch that they expect from Adam & Company.
Adam clients are increasingly interacting online, and we see, year on year, a continuous uptake in logins to Adam Online and payments transacted via the internet. As our clients choose to connect with advisers and their wealth in a multitude of ways, we strive to stay one step ahead of not only their needs, but the wider industry. However, for every innovation that we make, we do so in a way that keeps their security front of mind while maximising the Adam & Company experience.
AdamID is available to all Adam Apple users. To learn more or to register to Adam Online, visit Adam.com/digital or speak to your private banker or wealth manager. Adam is proactively recycling redundant card readers – please speak to your adviser for details as to how to return these.
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Issued by Adam & Company Investment Management Limited (Adam), which is authorised and regulated by the Financial Conduct Authority. Adam is registered in Scotland number SC102144. Financial Services Firm Reference Number 141831. Registered Office: 25 St Andrew Square, Edinburgh EH2 1AF.
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