Arab Bank and VASCO sign secure internet banking agreement
VASCO Data Security International Inc. announced on Tuesday that Arab Bank will secure its Internet banking activities with VASCO's Digipass strong authentication solution.
The bank will utilize Digipass to protect the identity, information, and transactions of its Internet banking customers in Jordan with plans to expand this service to all of its branches worldwide.
"The signing of Arab Bank in Jordan reinforces VASCO's position as the leading provider of strong authentication security to the financial industry worldwide," noted Jan Valcke, general manager of VASCO.
"Today, more than 140 financial institutions and millions of their customers worldwide rely on Digipass security. With Arab Bank, VASCO has taken an important first step in the strong and rapidly growing banking market in the Middle East," he added.
Arab Bank started its Internet banking service for retail customers, using the e-services platform Twister from Brokat Infosystems, the leading supplier of software for secure e-banking and e-business solutions. The service offers all regular banking transactions, such as money transfers and account statements, in both English and Arabic.
Instrumental in helping Arab Bank achieve a rapid time-to-market for secure Internet banking was Specialized Technical Services (STS), as well as its sister company Zeine Technological Applications.
The companies integrated Brokat's Twister platform — which has the added advantage of having Digipass support built in for plug-and-play security capability — into the business and technology framework of the bank.
All the bank's customers will need to conduct secure Internet banking transfers is Internet access, a Java-enabled browser, and their unique Digipass.
VASCO secures the enterprise from the mainframe to the Internet with infrastructure solutions that enable secure e-business and e-commerce, protect sensitive information, and safeguard the identity of users.
VASCO's customers include hundreds of financial institutions, blue-chip corporations, and government agencies in more than 50 countries, among them ABN AMRO Bank, Shell, 3M, Ericsson, Rabobank, SEB, Nokia, DaimlerChrysler, Volvo, the European Commission, US Coast Guard, the University of Groningen, and Duke University. — ( Jordan Times )
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