View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Software
May 14, 2009

Vasco, MoadBus partner to deliver digital signature for m-banking services

To protect customers from password theft, unauthorized account access and man-in-the-middle attacks

By CBR Staff Writer

Vasco Data Security International and MoadBus, a developer of mobile payment solutions, have joined forces to deliver digital signature on mobile banking and mobile cash solutions to joint customers.

According to Vasco, the partnership is based on the flexibility of its Digipass API offering that allows solution providers to transparently embed strong authentication and e-signature functionalities into mobile banking applications while maintaining existing backend infrastructure.

Vasco has said that joint banking customers will be offered a user-friendly security system to protect them from password theft, unauthorized account access, and man-in-the-middle attacks. The end user’s mobile phone will become their authentication device for all their mobile banking and mobile cash transactions.

Vasco claims that existing MoadBus customers will be offered the possibility to add Digipass authentication and digital signature to their applications. While current Vasco customers will be able to further build upon their investments when adding mobile banking capabilities to their service offering.

Amarnath Nanduri, COO at MoadBus, said: Vasco’s leadership in strong authentication, especially in the financial sector makes them the best partner we can team up with to secure mobile banking solutions for our customers.

Jan Valcke, president and COO at Vasco Data Security, said: MoadBus has developed a solid reputation in the delivery of m-banking and m-cash solutions, especially in the US and Asia. We are convinced that by teaming up with them, we can grow the market for secure mobile banking.

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.