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Garanti Bank Deploys Mobile Phone-based Second Factor Authentication

Tags » Authentication, Mobile Banking, Online Banking

VASCO Data Security International has announced that Garanti Bank in Turkey will use VASCO's Digipass for Java Phone strong authentication with its retail customers. Garanti Bank already uses VASCO's hardware Digipass 260 for corporate banking. Garanti's retail customers will have the choice between the software Digipass for Java Phone or the Digipass 260.

The underlying technology, VACMAN Controller, supports the entire range of VASCO's client authentication products. By offering different types of end-user authentication tools to different types of account holders, Garanti Bank supports VASCO's full option, all-terrain business model.

Digipass for Java Phone is a software Digipass that can be downloaded to any Java supporting mobile phone. The customized version of Digipass for Java Phone used by Garanti Bank, is able to compute digital signatures, in addition to one-time passwords. To learn more about Digipass for Java Phone, please visit http://www.vasco.com/products/product.html?product=42 .

"We opted for VASCO's Digipass for Java Phone because we wanted to give our retail customers the choice whether to work with a hardware Digipass 260 or to download a software on their mobile phone," said Mr. Rasim Mahmutogullar., Manager of Strategic Support Unit at Garanti Bank. "Security, customer service and accessibility are very important for Garanti Bank. With VASCO's Digipass and VACMAN Controller strong authentication solutions, we have great tools to fulfil our goals."

"We salute Garanti bank's visionary approach of strong authentication," said Jan Valcke, VASCO's President and COO. "Garanti is one of the first banks to use Digipass for Java Phone for retail banking. In addition, the Turkish bank gives their retail customers the choice between hardware and software versions of Digipass. The combination of Garanti Bank's market vision and customer awareness will make its online banking applications even more successful."


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