CEC Bank proposes to its clients the first authentication token card with display
A premiere on the Romanian market, CEC Bank offers to its customers a new authentication device, the token card with display.
A premiere on the Romanian market, CEC Bank offers to its customers a new authentication device, the token card with display. The token card was designed to replace the Digipass devices used so far, the first much easier to use, convenient to carry and at the same time providing increased security Internet banking platforms users, CEConline and TeleCEC.
The device incorporates modern technology, the latest generation, such as eight characters ePaper display, tactile buttons and a battery with a life expectancy of at least three years. A novelty in terms of operational safety is to protect the opening via a PIN. As with bank cards, rewriting an incorrect PIN code will lead to the blocking device to unlock the necessary support from Bank staff.
Using token with display card can be extended to becoming an instrument of payment (credit card), compatible with the standards set by Visa and MasterCard. The codes generated by this device it is possible to authenticate both customers and transaction signing, at the Internet Banking platform level provided by CEC Bank.
"Through the mechanisms implemented in this project, CEC Bank can diversify very easy the ways to authenticate clients with codes sent via SMS or through generating them by the token mobile applications installed on their mobiles" said Andrei Stamatian, First Vice-president CEC Bank.
"CEC Bank continues its efforts to improve and modernize its services, allowing customers to perform transactions" remotely "using alternative channels such as Internet Banking and Phone Banking as safe as bank tellers. We want the token card to be a modern tool to log, easy to use and to be worn in the wallets of all our customers", said Mugur Podaru, Director for Distance Operations from CEC Bank.
Asseco SEE, a partner who relies on innovation
The technical solution was implemented with Asseco SEE, leader as provider of solutions on alternative channels (mobile banking authentication solutions) in South Eastern Europe.
"CEC Bank is launching a unique product on the Romanian market, proving that he is a promoter of new technologies. The display card is a new authentication method in internet banking applications, that combines usability and design with the latest features in security. Asseco SEE will continue to provide to its partners innovative solutions for online banking, which is one of the strategic directions of the company's development", said Adrian Nastase, Business Developer within Asseco SEE Romania.
"In order to obtain a top level for availability and security for remote payment solutions, we are concerned to use the latest technologies and approaches. You must be prepared to allow your clients access to financial services, even if they are in the subway, on the bus, in the pool, on the plane and, why not, during a deep dive sessions ... If the owners of this product are willing to provide mobility and diversity, our concern as security information specialists remains the identification modality by which this is possible in the safest conditions", said Mr. Razvan Grigorescu, Manager for Information Security / CISO CEC Bank.