Norwegian banks go mobile with Todos AB

BSK, the central committee of Norwegian banks, has approved Todos’s mobile authentication solution, clearing the way for banks in Norway to deploy Todos onMobile to their customers.
By: Todos AB
 
March 2, 2010 - PRLog -- In Norway, Bankenes BetalingsSentral (BBS) is the central clearing house for bank payments. They use the Todos Versatile Authentication Server to support digital authentication for a group of around 25 Norwegian banks.

They have been looking for a mobile authentication solution. After a pilot programme, they have approved Todos’s onMobile solution. This system uses a Java midlet running on a wide range of compatible mobile phones to authenticate users. In November 2009, Todos announced the launch of onMobile for iPhone (available for demo purposes) and Android (Q2 2010). These applications give banks and their customer secure strong authentication and transaction verification on the move.

Todos AB customized the Java midlet version of onMobile to tweak it for the special requirements of the Norwegian market. The application will be downloadable over-the-air (OTA) making it very easy and cheap to roll out and making life easier for customers. The system builds on the proven strengths of the existing system: ease of use, trust and security. BBS expects hundreds of thousands to use the system before long.

"Norway's banks are well-known for looking ahead. They work collectively to find common solutions that meet the highest standards of security and technology," says Ulf Dahlberg, Sales Director Nordic Region at Todos AB. "They already rely on Todos technology and we're thrilled that they’ve taken the next step that will allow banks to offer mobile authentication using our onMobile system."

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Todos AB helps banks and other businesses create trusted, secure relationships with their customers online. Founded in 1987, Todos designs, develops, delivers and supports security solutions for eBanking and eCommerce strong authentication. We have delivered over 20m products to 100+ financial institutions in more than 30 countries. When trust matters, trust Todos. For more information visit www.todos.se.
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Tags:Strong Authentication, Mobile Authentication, Transaction Verification, Bbs, Bsk, Norway, Banking, E-commerce, E-banking, Fraud
Industry:Internet, Security, Banking
Location:Göteborg - V Götaland - Sweden
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