Michael Toth is an experienced business leader with a 26-year focus upon driving innovative and practical security strategies which address current and emerging threats. He has implemented large scale authentication solutions which are utilized by 66+mm digital customers. He is an innovator and thought leader demonstrated by his co-signature of numerous patents in online security and authentication.
He joined the U.S. Bank Digital Platforms team at the beginning of 2022 as Senior Vice President leading the Login Portfolio Product Management team. Here he leads the Product Management team focusing upon authentication, enrollment, and single sign-on capabilities supporting U.S. Bank and partner sites and applications.
Michael came to U.S. Bank from Bank of America where held an SVP position as the Strategy Lead for the Omni Channel Authentication technology team. He was responsible for their multi-year roadmaps and was point person to partners in Digital, Fraud, and the InfoSec teams. The authentication platform served multi-lines of business and channels (digital, contact center, financial center, IVR).
In October 2014 he joined Early Warning as their VP of Product Management in Authentication helping lead their organization in expanding strategies beyond mobile network authentication to include a broader and comprehensive set of solutions. This resulted in the early market testing of behavioral biometrics and their ability to deliver strong binding of devices to bank customers and physical biometrics solutions which were represented in their April 2015 acquisition of the company, Authentify. Here he also founded and led the Digital Channels Advisory Committee comprised of 11 U.S. banks promoting industry collaboration. This committee was comprised of his former peers in the industry - executives and leaders who are focused upon digital authentication and fraud controls.
Prior to Early Warning, Michael did he first tour of duty at Bank of America holding several Digital Channels roles focusing upon authentication, security, and fraud controls. Upon his departure he was leading their Customer Protection Strategy team. Under his guidance this team developed multi-year strategies and managed the multi-product roadmaps for account opening, enrollment, authentication, and security for the digital channel. Among his responsibilities was teaming with his Technology, InfoSec and Fraud partners to represent the bank during their 2014 OCC audits. His work at Bank of America focusing on increasing authentication solutions for the mobile app led to a partnership with Early Warning. The bank was the first to implement mobile network authentication and identity solutions.
Following his 12-year tenure at First Union/Wachovia he joined the 41st Parameter’s Product Management team. There he worked with top banks to understand their authentication and fraud gaps translating these into product requirements for the growing device fingerprinting market.
Michael started his career at First Union in the beginning days of online banking…or as they called it back in the 90s; Cyberbanking. After the Wachovia merger he went onto lead the Authentication Services product team. There he developed the first multi-layered Online Security and Fraud strategy for consumer banking which addressed the FFIEC Guidance on the Authentication in an Internet Banking Environment.