SKG Future-Proofs Online Transactions with VASCO's Secure CRONTO Technology
May 25 2018 - 3:00AM
CHICAGO and GOUDA, Netherlands, May 25, 2018
(GLOBE NEWSWIRE) -- VASCO® Data Security International, Inc., a
global leader in digital identity security, transaction security
and business productivity, today announced that financial
institution SKG (Stichting Kerkelijk Geldbeheer) has deployed
VASCO's CRONTO® technology to securely access and sign transactions
via SKG's online financial portal.
SKG is the exclusive financial service provider
for religious institutions and allied associations in The
Netherlands. In a move to improve ease of use and convenience for
its customers as well as take SKG into the future, the financial
services provider updated its online financial portal. SKG also
opted to further secure its customers' digital experience with
modern authentication and transaction signing capabilities using
VASCO's CRONTO technology.
VASCO's CRONTO technology is a patented
visual transaction signing solution that enables banks and other
financial institutions to effectively counter increasingly
sophisticated Trojan and man-in-the-browser attacks. CRONTO uses a
visual challenge contained in a graphical cryptogram made of
colored dots and displayed on a customer's PC to instantly decode,
decrypt and display transaction details for user verification.
CRONTO users need only scan, submit a PIN code and type the
response code to complete the transaction.
"SKG has had a long-standing relationship with
VASCO, and we have always enjoyed their portfolio of best-of-breed
solutions," said SKG's Manager of
Automation, Dick Veenstra. "By introducing this
future-proof CRONTO technology, we take another significant step
toward better serving our customers. The CRONTO device combines a
high level of security with an exceptional user experience - the
process is quick and it provides the highest level of online
transaction security."
"Fighting fraud while improving the customer
experience are two of the top priorities for banks and financial
institutions globally," said VASCO CEO, Scott Clements. "Our
technology addresses both of these priorities and helps banks and
financial institutions transact securely to build trust with their
customers in the digital world."
About Stichting Kerkelijk
Geldbeheer (SKG):
SKG is the exclusive financial service provider
for religious institutions and allied associations in The
Netherlands. They offer a wide array of savings and payment
products, as well as funding and financial
advice. https://www.skggouda.nl/
About VASCO:
VASCO® is a
global leader in delivering trust and business productivity
solutions to the digital market. VASCO develops next generation
technologies that enable more than 10,000 customers in 100
countries in financial, enterprise, government, health care and
other segments to achieve their digital agenda, deliver an enhanced
customer experience and meet regulatory requirements. More than
half of the top 100 global banks rely on VASCO solutions to
protect their online, mobile and ATM channels. VASCO's solutions
combine to form a powerful trust platform that empowers businesses
by incorporating identity, fraud prevention, electronic signatures,
mobile application protection and risk analysis. Learn more about
VASCO at VASCO.com and
on Twitter, LinkedIn and Facebook.
Copyright © 2018 VASCO Data Security, Inc., VASCO
Data Security International GmbH. All rights reserved. VASCO® and
CRONTO® are registered trademarks of VASCO Data Security, Inc.
and/or VASCO Data Security International GmbH in the U.S. and other
countries.
Media Contacts:
Frauke De Graeve
Public Relations Manager
+32 497 14 80 47
frauke.degraeve@vasco.com
Sarah Hanel
Director of Global Corporate Communications
+1-312-871-1729
sarah.hanel@vasco.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: VASCO Data Security International, Inc. via
Globenewswire
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