After an official security review of the best authentication servers on the market for businesses and banks, Cryptomathic is pleased to announce that its two-factor authentication technology supports all the mechanisms outlined in review and provides customers with optimal and secure online banking.
The review was put out by the UK Payments Council (UKPC) and Accenture, a technology services and outsourcing company, and explored three types of authentication strategies including risk-based authentication, adaptive authentication and knowledge based authentication. The report was aimed at helping businesses select the right services for their e-commerce and e-banking needs.
Cryptomathic’s Authenticator stood out as a solid solution, meeting all the authentication mechanisms rated in the report.
Criteria such as usability, utility, ease of implementation, security and performance were included in the study. For online business transactions the Authenticator can adapt to future requirements and still defend the value of an initial investment. The ability of Cryptomathic’s technology to thwart ‘vendor lock-in’ allows customers to find the best authentication solution for them while also combating the risk of online fraud and securing online financial transactions.