Online and Digital Identification, Securing Web 2.0, PKI and Digital Certificates

IDENTIKEY Server Banking Edition offers complete solution for secure online banking

Thursday, April 15, 2010

The new IDENTIKEY Server Banking Edition from VASCO Data Security is now available on the market. The software, which supports EMV-CAP based and Hardware Security Module (HSM) based authentication, also offers VACMAN Controller technology to authenticate users and validate transactions.

This software specifically designed for banking purposes utilizes the HSM capability of IDENTIKEY.


IDENTIKEY’s standard technology featuring DIGIPASS generated one-time passwords and e-signature authentication, is now compatible for online banking services. The HSM will validate the OTP or e-signature and grant the user access to the system.

Additionally, IDENTIKEY’s new server edition offers a Virtual DIGIPASS. When using Virtual DIGIPASS, customers will type a user ID and PIN onto the banking site and the site will the send a one-time password by SMS to the end-user’s mobile phone. This then allows the user to access accounts and make transactions with the online banking application on his or her mobile phone. [end] 

PhoneFactor Inc. continues to grow its financial services roster announcing additions to its most recent clientele: Heartland Financial USA, OceanFirst Bank, Northway Bank, and CUANY Credit Union. The PhoneFactor solutions have been utilized by financial institutions as a way to protect customers using e-banking from online fraud. Additionally the PhoneFactor technology can authenticate bank employees for remote logins.

read more »

PhoneFactor Inc. has partnered with the information management and electronic commerce systems provider, Fiserv Inc. This partnership will work to provide phone-based user authentication for financial institutions using Corillian Online banking solution.

read more »

Liza Landsman has resigned as Citigroup’s U.S. head of online and mobile banking after only a year of directing its consumer internet and mobile division, according to finextra.com.

read more »

Ceelox has announced that it has finished development of a prototype application that would use Ceelox’s fingerprint biometrics to enable biometric authentication in online environments such as corporate intranets, cloud computing networks and commercial applications like online banking and other personal account-based access.

read more »

After an official security review of the best authentication servers on the market for businesses and banks, Cryptomathic is pleased to announce that its two-factor authentication technology supports all the mechanisms outlined in review and provides customers with optimal and secure online banking.

read more »

PhoneFactor Inc. has added authentication for online banking to its list of service features. The company has introduced the Universal Banking Gateway and added another secure layer to online banking functions.

read more »