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Technology Stocks : VASCO Data Security (VDSI)
VDSI 21.800.0%Jun 5 5:00 PM EST

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From: JakeStraw2/22/2006 7:56:20 AM
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Banca Monte Paschi Belgio (Belgium) to Use VASCO's Digipass 260 for Retail and Corporate Banking
biz.yahoo.com
Wednesday February 22, 3:00 am ET

Banca Monte Paschi Belgio to add additional layer of security to its Web Banking 'Paschiweb' system

OAKBROOK TERRACE, Ill. and BRUSSELS, Belgium, Feb. 22 /PRNewswire-FirstCall/ -- VASCO Data Security International, Inc. (Nasdaq: VDSI; vasco.com), the global number one vendor of strong user authentication products to the financial sector, today announced that Banca Monte Paschi Belgio (Belgium, montepaschi.be), will use VASCO's Digipass 260 to add strong user authentication to the bank's Internet banking applications.

Banca Monte Paschi Belgio, the Italian bank has been present in Belgium since 1947 and is part of the Italian group Monte Dei Paschi di Siena existing since 1472 in Italy. Banca Monte Paschi Belgio's client base consists of Institutions and SMEs, Italian expatriates in Brussels but also Belgian retail customers. From now, on all customers will be Digipass protected while using the Bank's Web Banking system "Paschiweb".

Digipass 260 is a light, ultra-portable and easy to use Pin protected device offering One-Time Password and e-signature functionalities. These assets, combined with a stylish design, make Digipass 260 a highly appreciated strong authentication product in the banking sector. High resolution pictures of Digipass 260 can be downloaded at vasco.com.

"We opted for VASCO's Digipass 260 for the high quality of the solutions proposed by VASCO. But also for VASCO's renown and vast experience in the Banking Sector," said Mr. Meyers of Banca Monte Paschi Belgio. "Security and high quality customer service are of the utmost importance for Banca Monte Paschi Belgio. Together with VASCO, we'll offer our customers a secure and easy to use online banking application."

"We welcome Banca Monte Paschi Belgio as a customer," said Jan Valcke, VASCO's President and COO. "In today's online banking environment, strong authentication is needed to protect the end user's assets. We are convinced that the addition of Digipass will make Banca Monte Paschi Belgio's 'Paschiweb' application even more successful."
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