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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: JakeStraw4/12/2006 8:07:01 AM
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HSBC Bank UK to use VASCO's Digipass GO3 Strong Authentication for Corporate Banking
biz.yahoo.com
Wednesday April 12, 6:46 am ET

UK Business Customers Protected Against Phishing and other Fraud Schemes

OAKBROOK TERRACE, Ill. and BRUSSELS, Belgium, April 12 /PRNewswire- FirstCall/ -- VASCO Data Security International, Inc. (Nasdaq: VDSI), (http://www.vasco.com), the leading global provider of strong user authentication products to the financial sector, today announced that HSBC Bank will use its Digipass GO3 strong authentication device for corporate banking. HSBC will start the roll out of GO3 to 180,000 UK Business Internet Banking customers in May 2006.

Digipass GO3 is a lightweight, low cost strong user authentication token, especially designed for the large volume banking market. GO3 is extremely easy to use -- with a simple touch of a button, the customer generates a unique one-time password. Digipass GO3 also supports a host (website) authentication functionality. For high resolution pictures of VASCO's products, please visit vasco.com.

"The combination of security and user friendliness, combined with convenience and simplicity for customers is an important factor in the success of any security application," said Mervyn Northam, head of online banking at HSBC Commercial Bank. "VASCO's Digipass GO3 is easy to use and ultra portable. Because it's not reliant on a third party's service, it can be used anywhere in the world."
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