Interactive transaction authentication for banks serious about account takeover fraud.
A SECURE CHANNEL OF COMMUNICATION COMBINED WITH MUTUAL AUTHENTICATION BETWEEN THE USER AND THE ENTERPRISE ENSURES PROTECTION FROM ONLINE FRAUD.
Entersekt’s authentication solutions transform just about any mobile phone into a powerful weapon in the fight against account takeover fraud. Our patented technology picks up where password-based approaches have failed, by introducing an isolated communication channel between phone and financial institution that avoids reliance on the open Internet for user and transaction verification.
Our product, Transakt, lies at the center of all of our solutions. Using industry-standard X.509 digital certificates and proprietary validation techniques developed specifically for the mobile phone, Transakt achieves two things:
It converts the mobile device into a trusted second factor of authentication
It ensures that no communications can be decrypted or spoofed by anyone at any point between the device and Entersekt’s FIPS 140-2 Level 3 hardware appliance installed at the bank