Amsterdam (ots/PRNewswire) -
- Leading Bank in South Africa Implements Plug-and-Play
Identification Solution for Secure e-Banking Services
Gemalto (Euronext NL0000400653 GTO), a world leader in digital
security, today announces it enables Nedbank, a leading bank in South
Africa, to provide its clients with high-end personal devices for
secure online transactions. A key differentiator of the Gemalto
solution is the ease of installation, as the USB (Universal Serial
Bus) token embeds the software that automatically sets up once the
user connects the device to their PC. Gemalto also supplies training
services to support Nedbank in putting the solution into use and
ensures its maintenance. Commercial rollout has already started and
Nedbank corporate clients have been benefiting from secure access to
financial services through the "Netbank Business" Internet channel
since end 2006. Deployment of all 80,000 tokens will be completed
over the first half of 2007.
With a view to addressing the security weakness of online
transactions systems based on password only, Nedbank is deploying a
strong authentication solution that will increase its clients'
confidence in using e-banking applications. While regular
authentication solutions require users to install software and call
for costly technical support, the Gemalto package performs immediate
configuration of the PC and makes it very simple and convenient for
users to securely log-on to the bank website. The certificates
implemented in the token allow Nedbank clients to digitally sign
transactions and in the future, electronic signing of documents will
be available as well.
As part of the contract, Gemalto is delivering personal secure
devices that implement market standards and their latest evolutions,
which makes the solution highly flexible. In addition, the token
features additional memory, which Nedbank clients may use to store
"Our primary goal was to provide our clients with convenient,
world-class products to protect themselves from possible identity
theft and fraud," said Adriaan du Plessis, divisional director of
Nedbank transactional banking. "The Gemalto solution enables us to
eliminate the vulnerabilities of passwords and create a trusted
on-line banking environment."
"This new contract illustrates Gemalto's opportunity in digital
security: making personal interactions secure and easy, particularly
for online financial services," added Xavier Chanay, president CISMEA
at Gemalto. "We're confident Nedbank clients will enjoy safe and
simple e-banking with their personal token."
Gemalto (Euronext NL 0000400653 GTO) is a leader in digital
security with pro forma 2006 annual revenues of EUR1.7 billion,
operations in about 100 countries and over 10,000 employees including
1,500 R&D engineers.
In a world where the digital revolution is increasingly
transforming our lives, Gemalto's solutions are designed to make
personal digital interactions more convenient, secure and enjoyable.
Gemalto provides end-to-end digital security solutions, from the
development of software applications through design and production of
secure personal devices such as smart cards, SIMs, e-passports, and
tokens to the management of deployment services for its customers.
More than a billion people worldwide use the company's
products and services for telecommunications, financial services,
e-government, identity management, multimedia content, digital rights
management, IT security, mass transit and many other applications.
As the use of Gemalto's software and secure devices increases with
the number of people interacting in the digital and wireless world,
the company is poised to thrive over the coming years.
Gemalto was formed in June 2006 by the combination of Axalto
For more information please visit www.gemalto.com
ots Originaltext: Gemalto
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