Cathay United Bank deploys Gemalto's mobile-based authentication solution to secure online banking in Taiwan
(Thomson Reuters ONE) -
Amsterdam, Sept 14, 2016 - Gemalto (Euronext NL0000400653 GTO), the world leader
in digital security, supports Cathay United Bank, a leading bank in Taiwan, in
securing its online banking services. Gemalto's Ezio Mobile suite[1] enables
CUB's customers to securely access their bank's services from their PCs,
tablets, and smartphones, using their mobiles as authentication device. As a
result, CUB is able to offer an enhanced user experience to its customers, save
costs, and meet a new government regulation requiring Two-Factor Authentication
(2FA)[2]. Gemalto will also provide support and maintenance services for smooth
deployment of the solution.
Taiwan has a high smartphone penetration of 88% with over 16.4 million users in
2015. The ubiquity of smartphones is changing consumer behavior, with people
preferring to use phones instead of traditional tokens, for online
authentication. Gemalto's solution, which replaces CUB's SMS-based system,
allows users to enjoy the convenience of online banking, with security and ease.
The Ezio Mobile suite provides secure software that transforms mobiles into
strong two-factor devices, generating One Time Passwords and transaction
signatures for authentication across all banking channels. It also delivers push
notifications and authorization requests for Out-of-band authentication[3]. The
mobile offering is further strengthened with a SafeNet Hardware Security Module
at the backend to secure sensitive data.
"Consumers are increasingly moving towards mobile banking, with smartphone as
the key device in their possession," said Suzanne Tong-Li, President for Greater
China and Korea at Gemalto. "With a broad portfolio of mobile-based solutions,
we can support CUB in deploying their digital banking vision for maximum
customer reach."
Gemalto provides its mobile authentication solution to CUB through its partner
E-Secure Technologies.
About Gemalto
Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security,
with 2015 annual revenues of ?3.1 billion and customers in over 180 countries.
We bring trust to an increasingly connected world.
Our technologies and services enable businesses and governments to authenticate
identities and protect data so they stay safe and enable services in personal
devices, connected objects, the cloud and in between.
Gemalto's solutions are at the heart of modern life, from payment to enterprise
security and the internet of things. We authenticate people, transactions and
objects, encrypt data and create value for software - enabling our clients to
deliver secure digital services for billions of individuals and things.
Our 14,000+ employees operate out of 118 offices, 45 personalization and data
centers, and 27 research and software development centers located in 49
countries.
For more information visit www.gemalto.com or follow (at)gemalto on Twitter.
Gemalto media contacts:
Philippe Benitez Peggy Edoire Vivian Liang
North America Europe & CIS Greater China
+1 512 257 3869 +33 4 42 36 45 40 +86 1059373046
philippe.benitez(at)gemalto.com peggy.edoire(at)gemalto.com vivian.liang(at)gemalto.com
Ernesto Haikewitsch Kristel Teyras Shintaro Suzuki
Latin America Middle East & Africa Asia Pacific
+55 11 5105 9220 +33 1 55 01 57 89 +65 6317 8266
ernesto.haikewitsch(at)gemalto.com kristel.teyras(at)gemalto.com shintaro.suzuki(at)gemalto.com
--------------------------------------------------------------------------------
[1] Includes a complete suite of servers for mobile enrolment and provisioning,
authentication and messaging.
[2]http://www.fsc.gov.tw/ch/home.jsp?id=96&parentpath=0,2&mcustomize=news_view.j
sp&dataserno=201501130003&aplistdn=ou=news,ou=multisite,ou=chinese,ou=ap_root,o=
fsc,c=tw&toolsflag=Y&dtable=News
[3] http://www.emarketer.com/Article/Mobile-Phones-Top-Internet-Access-Point-
Taiwan/1013233.
Press release (PDF):
http://hugin.info/159293/R/2041725/761924.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Gemalto via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 14.09.2016 - 07:01 Uhr
Sprache: Deutsch
News-ID 494610
Anzahl Zeichen: 5094
contact information:
Town:
Meudon
Kategorie:
Business News
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"Cathay United Bank deploys Gemalto's mobile-based authentication solution to secure online banking in Taiwan"
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