JP Morgan has incorporated the solution with its web portal to promote the corporate e-banking functionality, while BBVA has already been added 3SKey in several Latin American countries such as Argentina, Chile, Mexico, Colombia, Peru and Venezuela.

Spain based lender Santander will offer 3SKey through their global portal for corporate clients.

JP Morgan Treasury Services executive director Sean Croston said "We’ve observed our Latin American clients requesting a secure and simple way to manage multiple banking relationships and we are pleased to offer 3SKey as a solution for the region. By providing SWIFT’s single device for interoperable credential management, we are supplying our customers with improved efficiency."

BBVA head of global transaction services Ignacio Ybarra said by partnering with SWIFT to provide Latin American clients with 3SKey we’re furthering the firm’s commitment to help build its customers’ business by offering increased control of their digital identity.

"We are now able to offer a secure and simple way to authenticate a myriad of transactions, saving our customers time while supplying peace of mind," Ybarra added.

3SKey powers the exchange of information in banking applications, facilitating corporate users to manage their various banking relationships using a single, multi-network personal digital identity.