Secure Banking Solutions 

 The real problem is one of trust.  More specifically, it is that of eBankTrust.

CIDWAY helps online banks enforce customer confidence by focusing on the successful integration of the two-factor authentication solution.

 
To achieve comprehensive implementation, CIDWAY concentrates on three key factors when dealing with online banking security:

 

CIDWAY’s flexible banking token options encourages user acceptance of authentication at all levels thus ensuring the widest possible audience.
Online banking consumers will be pleased to see their security concerns are being addressed by an authentication method that uses a device that they already use - the mobile phone. Users will be able to use a One-time password (OTP) to access their accounts. They will either be able to create an OTP using mobile phone software or receive an OTP through SMS. With these advanced tokens, they will know that their accounts are secured and have complete control over their accounts from anywhere they have internet access.

Employing the latest in standard and proprietary solutions, CIDWAY offers the widest line of strong two-factor authentication tokens on the market today. These include soft tokens which contain a very small or zero footprint on the authenticated device.

Online banks have millions of consumers. It is practically inconceivable to believe that each one will be given a physical token in order to authenticate themselves. Since some online customers are heavier users than others, it is important to segment the users needs and risk profiles - assigning different authentication mechanisms for each user type. CIDWAY has solutions for all user types and can accommodate them all by using a single authentication server. This segregation of users and consolidation of authentication platforms considerably reduces IT costs and the fixed costs associated with token distribution.