VASCO Data Security (VDSI) Message Board

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Technology Stocks : VASCO Data Security (VDSI)

VDSI 21.80

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Jun 5 5:00 PM EST

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From: JakeStraw	12/12/2016 9:18:09 AM
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Raiffeisen Selects VASCO for Secure Online Banking Login and Transaction Signing finance.yahoo.com Raiffeisen, the third largest banking group in Switzerland and largest retail bank, is deploying VASCO® solutions to secure online banking among its 3.7 million customer base. Every year, Raiffeisen processes more than 100 million payment transactions via e-banking. The bank is replacing the matrix card it previously relied on for security. VASCO’s CRONTO solution is an innovative authentication and transaction signing solution that enables banks to effectively defend against sophisticated hacking attacks. An encrypted bar code consisting of colored dots is displayed on the customer's PC screen. The customer uses the camera in their mobile phone or VASCO-built handheld device to capture this barcode which is instantly decoded to display the transaction details for user verification.

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