In form of a physical device or software application, a security token is carried by its owner for proving his/her identity in an electronical environment. As something which the owner possesses, a security token provides an additional (possession) factor for authentication or authorization on top of user ID and password (knowledge factor). Security tokens are commonly used for enhancing security of e-banking transactions.
As two factor authentication for e-banking services, our token fully meets the security requirements demanded by banks for conducting high-risk online banking transactions. As a total solution to banks, we provide more than just the tokens but a managed service for administering the entire token life cycle with the following functions.
- Token assignment & authentication
- Token delivery & tracking
- Token inventory management
We offer different form factors of security tokens as follows to cater for specific user requirements:
- Hardware tokens
- Contact and contactless smart cards and card readers
- Software tokens for mobile device