UK Online Gambling Company Redbet Uses VASCO's Digipass 260 to Secure Online Gambling Applications
biz.yahoo.com
Wednesday October 19, 3:00 am ET
Sweden Selected as Test Market; VASCO Penetrates Online Gambling Sector; Redbet's Customers Protected Against Online Fraud with Digipass Strong User Authentication
OAKBROOK TERRACE, Ill. and BRUSSELS, Belgium, Oct. 19 /PRNewswire/ -- VASCO Data Security (Nasdaq: VDSI), a global provider of enterprise-wide security products that support e-business and e-commerce, today announced that UK online gambling company Redbet ( redbet.com ) will use VASCO's Digipass 260 to offer its customers a secure online gambling environment. The implementation of Digipass into Redbet's system will be coordinated by VASCO's Swedish integrator Verisec ( verisec.se ).
Sweden has been selected by Redbet as the test market for the use of Digipass in online gambling application because it has the highest Internet penetration in the world. In 2003, 76.9% of Swedish households had an Internet connection. As a result, the fast growing online betting industry was very successful in the Swedish market. Stockholm, the Swedish capital, has become Europe's online betting hub, with online betting companies, technology vendors and service providers clustered around the city.
Digipass 260 is a very portable, Pin protected device offering One-Time Password and e-signature functionalities. High-resolution pictures of VASCO's Digipass product range can be downloaded at vasco.com .
"Security and confidentiality are crucial in our business," stated Joel Jacobson, Co-Founder of Redbet. "We opted for VASCO because of its experience in the financial sector. Redbet now brings banking level security to the online betting industry."
"The Swedish consumer has always been quick to accept new products and new technologies," said Johan Henrikson, CEO of Verisec. "VASCO's Digipass has been used by Swedish financial institutions since the mid-Nineties. We believe that Digipass strong authentication will be as successful in the online betting industry."
"We want to congratulate Redbet with their visionary market approach," said Jan Valcke, VASCO's President and COO. "For every e-commerce application, security and trust are of the utmost importance. Trend setting companies understand that strong authentication is needed not only in the banking sector, but all across the e-commerce spectrum. By choosing Digipass, Redbet has proven to be a worldwide trendsetter." |
