Cobase expands Single Sign-On (SSO) capabilities with Okta
Tue, Nov 12, 2024
Cobase is pleased to announce its latest enhancement in user authentication and security with the integration of Okta as a Single Sign-On (SSO) provider. This new addition further reinforces Cobase’s commitment to secure and streamlined access for corporate clients managing multiple bank accounts and treasury operations on a single platform.
The integration of Okta complements the existing SSO capabilities, now available through Microsoft Entra ID (previously known as Azure Active Directory). With Okta now supported as well, Cobase clients can enhance their centralized user management, offering employees a seamless and secure login experience across multiple banking and financial services.
“Adding Okta as an SSO provider reflects our dedication to meeting diverse client needs while maintaining the highest standards of security,” said Jorge Schafraad, CEO of Cobase. “With this integration, clients can improve access management efficiency and align more effectively with their enterprise identity and access management strategies.”
In Cobase, Single Sign-On (SSO) enables users to securely access the platform using a single set of login credentials managed by their organization’s identity provider, such as Okta or Microsoft Entra ID. This integration streamlines authentication by allowing users to log into Cobase without additional passwords or tokens, enhancing both security and user convenience. SSO facilitates access and identity management fully compliant with enterprise policies. On top of that, multi-factor authentication (MFA) with a hardware token or mobile app is still required for sensitive actions like payment approvals, ensuring robust protection for all financial activities on the platform.
For more information, please contact your Cobase account manager.