CorpBanca and Cronto Secure Online Banking Transactions with CrontoSign

Cambridge, UK - 14 December 2011

CorpBanca, the 4th largest private bank in Chile, and Cronto, a UK-based banking security specialist, announced the launch of the Cronto Visual Transaction Signing Solution to secure online banking transactions against Trojan malware attacks.

Customers of CorpBanca, the fastest-growing bank in Chile, can now protect their financial transactions with the CrontoSign technology, by using the ClaveMóvil CorpBanca mobile application. Available from the App Store, Android Market and Blackberry App World, the mobile application delivers "What You See is What You Sign" transaction authentication: enabling users to verify transaction details in a secure, fast and easy way.

"We chose CrontoSign for our customers as it combines transaction security with the ease of use and deployment. The bank selects what data we need to present to the user to verify a specific transaction, and the customer can instantly verify it anytime, anyplace." says Armando Ariño, Director Operations & IT, CorpBanca.

The CrontoSign deployment for CorpBanca was delivered by NeoSecure, a leading IT security company in Chile. "Trojan malware has become a key threat to the growth of online banking services in Latin America. The CrontoSign solution allows banks to mitigate such attacks and increase the customers' trust both cost-effectively and user-friendly." says Eduardo Diaz, CEO, NeoSecure.

CrontoSign offers the most advanced and most established visual transaction signing solution for online banking security. The only visual technology designed and developed for financial security market, CrontoSign has been used for over 3 years by Commerzbank, the second largest bank in Germany. In their recent independent usability study, the CrontoSign solution received top marks for customer satisfaction and usability.

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