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March 23, 2006

Barclays introduces online RSA authentication

In a bid to further protect its online banking users, the UK's Barclays Bank has implemented RSA Cyota Transaction Monitoring, an authentication and fraud management solution.

By CBR Staff Writer

The technology vendor says the live system, which transparently authenticates users, has proven very effective in detecting fraud with minimal impact on the online banking user experience

Ian Morgan, head of channel development, electronic banking from Barclays, said, With internet fraud across the industry and consumer awareness about identity theft and security on the rise, we needed a solution that would help monitor and control the potential threats faced by our online customers – but without hassling them or impacting the growing adoption of our online services. RSA Security’s solution strikes the perfect balance and allows us to do just that.

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