Guarantee your banking customers protection from phishing and other online fraud – without using costly, clumsy one-time passwords.

 

The Online Banking Experience

  • A banking transaction is initiated within a browser.
  • Immediately, a mobile app displays the transaction details on your customer’s phone and prompts them to Accept/Reject it.
  • They respond with a simple click – there is no need to remember static passwords or enter cumbersome one-time passwords.
  • If they press Accept, the confirmation message is relayed to your financial institution and the transaction is completed.
  • If they press Reject, the transaction is stopped in its tracks

 

Features & Benefits

  • Provides true out-of-band, two-factor authentication for login and transacting.
  • Uses industry-standard X.509 digital certificates to authenticate the device and the financial institution (certificates are not tied to the SIM card or phone number).
  • Supports nonrepudiation through certificate-based transaction signing.
  • Encrypts all communications end-to-end so that they cannot be accessed by any third party, including Entersekt
    Saves on SMS costs because all communication is packet data.
  • Makes expensive, inconvenient hardware tokens redundant.
  • Integrates with existing solutions (SOAP, RESTful, RADIUS, ISO 8583, SAML 2.0).
  • Deploys as a powerful SDK for incorporation into your organization’s mobile app or, where rapid rollout is required, the Transakt mobile app.
  • Works with iOS, Android, BlackBerry, Windows Phone, and feature phones capable of running Java applications.
  • Launches on the phone automatically.
  • Requires little, if any, customer education.

 

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