View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Software
April 8, 2009

Gemalto to provide Ezio Strong Authentication Server to Vietcombank

One-time-password and digital signature capabilities to provide security for corporate online banking services

By CBR Staff Writer

Gemalto, a provider of digital security services, plans to provide its Ezio Strong Authentication Server to Bank for Foreign Trade of Vietnam.

Gemalto said that this two-factor authentication system takes advantage of MasterCard’s Chip Authentication Programme and Visa’s Dynamic Passcode Authentication, both of which are part of the Europay, MasterCard, Visa (EMV) standard.

Working with EMV microprocessor cards, the system provides one-time-password and digital signature capabilities critical in providing security for corporate online banking services. Bank for Foreign Trade of Vietnam (Vietcombank) EMV credit card holders can use the same card to pay for purchases, to gain access to their online banking services and to be identified by the bank for branch-based transactions, added Gemalto.

Dao Minh Tuan, deputy general director of Vietcombank, said: This solution addresses several of our key concerns simultaneously. We need to secure our online banking services. We want to enhance the customer experience by simplifying access to banking services. And of course, we want to take advantage of existing EMV microprocessor deployments for further purposes. Being able to do all this with such a simple installation is a great advantage for us in many ways.

Content from our partners
How to turn the evidence hackers leave behind against them
Why food manufacturers must pursue greater visibility and agility
How to define an empowered chief data officer
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU