Categories: Hardware

Nedbank deploys Gemalto’s plug-and-play solution to secure online banking for corporate clients

Nedbank deploys Gemalto’s plug-and-play solution to secure online banking for corporate clients

Gemalto (Euronext NL 0000400653 GTO), the world leader in digital security, announces that Nedbank Ltd, a leading commercial bank in South Africa, is deploying its Ezio eBanking solution to provide their wholesale customers with unmatched online transaction security and superior convenience. Gemalto also provides Nedbank with consulting services, device fulfilment to the end users, and operates remote management of the tokens on behalf of Nedbank Ltd.

With this fully outsourced solution, Nedbank users simply connect a USB key, which launches a “safe zone” that permits to securely review, approve and digitally sign all types of transactions in a protected online environment

The Ezio Corporate eBanking PKI solution requires no software installation, eliminating costly technical support while guaranteeing high user satisfaction. The user simply connects the USB key to their PC or Mac and the device launches a “safe zone” that permits to securely review, approve and digitally sign all types and amounts of banking transactions within a protected online environment.

Ezio also ensures session integrity even if the connection platform is vulnerable. The upgradable, multi-application platform can be remotely managed, enabling the bank to update certificates and deploy new services without the need for new hardware.

“We have implemented and operated Gemalto’s PKI solutions for over ten years, with a very high level of success in providing secure electronic banking solutions. In an

effort to offer best-in-class Wholesale Banking solutions to our business customers, we have deployed Gemalto’s brand new PKI solution, launched as the Plug and Transact TokenTM,  to differentiate ourselves from our competitors by offering secure solutions with enhanced client usability as well improved tracking and business information,” said Fred Swanepoel, Chief Information Officer of  Nedbank Ltd.

“There has always been high demand from Nedbank to pioneer our eBanking solutions, with each trial resulting in a full-scale deployment. By outsourcing its entire token management system, Nedbank benefits from significant cost reduction in terms of initial investment and running expenses compared to an in-house solution,”

  said Håkan Nordfjell, Senior Vice President e-Banking and e-Commerce at Gemalto.

Nedbank’s solution is built on Gemalto’s field-proven Ezio technology, which is already implemented by over 200 financial institutions worldwide and used by over 100 million banking customers worldwide.

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Innov8tiv is a dynamic Web source for technology news, resources and innovation, with a special focus on the entrepreneurial advances of Africans on the continent as well as in the Diaspora. This site seeks to not only inform consumers and companies about the latest in tech trends and ideologies, but to shed light on a phenomenon often ignored: the inventive, life-changing and creative engine that exists in Africa and among leaders of color around the world, including the UK, the Caribbean, Australia, and Asia. Send story ideas to info@innov8tiv.com

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