VKB-Bank installs Gemalto security solution on its online banking services

18 July 2012

VKB-Bank in Austria is deploying Gemalto’s Ezio Edge Optic authentication and scanning solution to improve the security of its online e-banking and card services for businesses and individuals.

The optical debit smart card reader offers VKB’s online customers a combination of security and convenience, says the bank, as it requires no software to be installed and reads directly on the user’s personal computer screen, tablet or mobile device, enabling transactions to be signed by businesses or retail bank customers.

The Gemalto device is simply placed in front of the screen and the securely encoded transaction data needed for verification and transaction signature generation, which are displayed on the screen, are instantly read. Once verified, users can easily and securely perform online transactions including money transfer and payments. Electronic banking transactions should be able to be processed more quickly and easily authorised using the new system, which can also be accessed at branch offices of VKB-Bank. The bank also plans to add more advanced internet services by year end, such as electronic document signing in the trade finance arena, which should be especially helpful to businesses and corporate treasurers.

“The Ezio Edge Optic is perfectly suited to meet our need to widely expand the possibility to sign transactions, while guaranteeing the convenience of internet banking,” commented Klemens Minichberger, head of payments transactions at VKB-Bank. “Its portability and user-friendliness will make a real difference in increasing our customers’ confidence, thus encouraging adoption.”

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