Solution
Authentication for financial institutions
Safeguard your clients data and bolster your company's reputation.
Buy nowEvery 14 seconds, there's a hacker attack online
User personal data, including banking details, fall into their hands. With each passing year, the number of attacks increases.
If you don't safeguard your clients personal data, they risk losing money. Once lost, their trust in the bank might be nearly impossible to regain. Authentication significantly complicates system breaches, protects client data from malicious activities, and simultaneously simplifies the user experience with banking services.
How authentication works?
Upon logging into their account, the system prompts the user for their phone number.
An automated call or SMS is then dispatched to the provided number.
Subsequently, the user enters either the last four digits of the number, a dictated code, or the code from the SMS.
More convenient than using a password
- Simple
Users don't need to remember or store a password; they simply enter the code from their smartphone.
- Secure
Users might misplace passwords or use the same one across various sites, reducing its reliability. Such issues don't arise with a code.
- Swift
The call or code arrives instantly on the phone, irrespective of the time of day or region. In contrast, passwords can take time to recall.
Privacy
As a communications provider, we utilise our own pool of numbers for authentication and do not share confidential data with third parties. Your clients data is securely protected.