Strong partners for seamless integration The Entersekt system was implemented by the partner company Netcetera both with PlusCard and Swisscard. After an online registration, Swisscard and Pluscard customers can use the new authentication procedure and approve payments with one click. The transaction is not verified via the compromised browser, but via a second, completely independent, direct and highly encrypted communication channel with the bank. The use of the Entersekt technology completely eliminates the use of hardware tokens and one-time passwords. The Entersekt solution meets both the stringent requirements of the BaFin (MaSI) and the future PSD2 regulations. DACH region offers high market potential Entersekt is active in a highly expansive market. Only around 10% of authentication solutions in use today rest on out-of-band, push-based mobile technology, but the research company Gartner expects that by 2019 over 60% will do so. Out-of-band multi-factor authentication significantly increases the security of online and mobile transactions – and thus creates the prerequisite for higher user numbers. “In the DACH region, the number of mobile banking users is still clearly behind other countries. The key factors here are, above all, reservations with regard to transaction security. At the same time, the demand for mobile, user-friendly offers is growing particularly for the young target group. We address both of these with our solution, “said Claudius van der Meulen, Vice President of Business Development Europe at Entersekt. “Our goal is to win at least another leading bank for our solution by the end of 2017. The next step will be the opening of a branch office in Germany. “]]>
