Banking and Finance

Solution Overview

The Central Banks such as Federal Financial Institution Examination Council (FFIEC), Monetory Authority of Singapore (MAS), Reserve Bank of India (RBI), Bank Negara Malaysia (BN) etc. stipulate guidelines that require online banks to adopt a variety of multifactor authentication measures to secure online access to account information and transaction functionality. These guidelines have been set forth in response to increasingly sophisticated electronic attacks that compromise personal identity information and erode customer confidence in online banking security. Without appropriate action, institutions risk financial loss due to fraud and face a growing list of penalties.

In consumer and corporate banking services, authenticating the customer and the transactions are key steps to ensuring proper access and protection. Recognizing the multitude of current and evolving threats, EZMCOM's layered strong authentication is designed with the future in mind, so our financial customers can leverage their investment today and tomorrow.

EZMCOM's Online Banking solution includes three products to protect your online banking activities and meet regulatory guidelines: EzToken: One-Time Password based authentication, EzSign: Enhanced One-Time Password tokens for Transaction Signing, and EzCert: PKI-Based Digital Signatures for non-repudiation. You can add one or a combination of layers to protect from identity fraud and complement your existing security infrastructure.

For Banks, online banking security requires two major considerations - keep it simple yet strong. If you do not deliver on both expectations, you will drive customers from your online banking portals. They will either go to off-line locations with much higher transaction costs, such as Branch counters, or switch to your competitors. Our innovative authentication approach offers the needed simplicity of usage for strong authentication inclusive of PKI for non-repudiation.

Suitable Products

 EzToken is your first line of defense against identity frauds. EzToken provides a variety of out-of-band authentication and One-Time Password tokens for strong authentication, 2nd Factor authentication.Read more.

 EzSign is your defense against known and unknown threats to business critical online transactions. EzSign provides a variety of out-of-band and Hardware, Software enhanced One-Time Password tokens.Read more.

 EzCert is provides PKI-Based authentication and non-repudiation for your institutional customers. EzCert is available with the conventional hardware PKI-Device or as our innovative Roaming approach for PKI non-repudiation to suit your business and customer demography.Read more.