Global digital security specialist Gemalto has been selected by BancNet of the Philippines to secure its mobile banking services. BancNet’s network consists of 116 local and international banks, serving over 40 million cardholders.
Gemalto’s Ezio Authentication Server and Mobile token will allow BancNet customers to pay their bills, check account balances, and transfer funds from their accounts with any member bank, using their computers and mobile devices to perform dynamic, multi-layer authentication and transaction verification.
The Ezio Authentication Server is a token-agnostic solution that supports all leading authentication technologies, offering BancNet increased flexibility in selecting the most appropriate solution for their customers. It is also compatible with all open standards, enabling easy integration with BancNet’s legacy systems.
“We chose Gemalto because they are a leader in user authentication, with a proven track record in the Philippines,” said Aristeo Zafra, Jr., BancNet general manager and chief operations officer. “Their solution will enable our customers to access their bank accounts using mobile devices as their primary authentication device, with a greater sense of security. They would not need to carry or register multiple tokens.”