Consumers, citizens and employees increasingly expect anytime-anywhere experiences, whether they are making purchases, crossing borders, accessing e-gov services or logging onto corporate networks. Entrust Datacard offers the trusted identity and secure transaction technologies that make those experiences reliable and secure. Solutions range from the physical world of financial cards, passports and ID cards to the digital realm of authentication, certificates and secure communications. With more than 2,000 Entrust Datacard colleagues around the world and a network of strong global partners, the company serves customers in 150 countries worldwide.
Safeguarding Your Banking Applications
Learn how integrating second factor authentication into banking applications using soft tokens and One-Time Passwords (OTPs) can safeguard banking applications.
This technology allows banking applications to retrieve an OTP from a soft token stored in the Entrust IdentityGuard Mobile Soft Token application without needing the banking application to embed a SDK. Banks can leverage the security protection offered by Entrust Datacard without the need for a large investment in development resources. End users will temporarily switch to the Entrust Datacard application to approve the authentication for the transaction. Users do not need to perform any manual copy and paste actions of OTP values, as with traditional OTP applications. In this case, end users could be customers of banks or bank employees. Banks that have multiple mobile applications can use the same technique across all applications and re-use the same soft token across multiple applications.
What You’ll Learn
- Attendees will learn about a simplified way in which they can incorporate second factor authentication into their banking applications.
- This technology can help to combat fraudulent transaction, especially card not present fraud, which is on the rise due to the move to EMV technology.
- Banks can leverage this technology without significant investment in resources.
Jason Soroko, Security Technologies Manager
Matt Rose, Technical Sales Consultant