Xiring and Cryptomathic to Deliver Secure Online Banking Solution
Xiring has entered into a partnership with Cryptomathic to provide an integrated online security solution for the banking and financial services industry. Working together, Xiring and Cryptomathic will provide banks with the latest technology for identifying banking customers in non-face to face situations, for example, on the Internet, or on the telephone. By ensuring that online transactions are protected against Internet fraud, such as phishing, banks allow their customers more frequent access to and hence greater control over their finances. The non-exclusive partnership consists of the integration of Xiring’s Xi-Sign range of EMV based readers into Cryptomathic’s latest versatile and scalable hardware-enhanced Authenticator Server. The partnership agreement will also mean that the two organizations will promote each other’s offers to the market.