Nedbank deploys Gemalto’s plug-and-play solution to secure online banking for corporate clients
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.
Amsterdam, October 8, 2014 – 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.
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,” said Fred Swanepoel, Chief Information Officer of Nedbank Ltd. “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 as improved tracking and business information.”
“There has always been high demand from Nedbank to pioneer our eBanking solutions, with each trial resulting in a full-scale deployment,” said Håkan Nordfjell, Senior Vice President e-Banking and e-Commerce at Gemalto. “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.”
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.
Gemalto (Euronext NL0000400653 GTO) is the world leader in digital security with 2013 annual revenues of €2.4 billion and more than 12,000 employees operating out of 85 offices and 25 research and software development centers, located in 44 countries.
We are at the heart of the rapidly evolving digital society. Billions of people worldwide increasingly want the freedom to communicate, travel, shop, bank, entertain and work – anytime, everywhere – in ways that are enjoyable and safe. Gemalto delivers on their expanding needs for personal mobile services, payment security, authenticated cloud access, identity and privacy protection, eHealthcare and eGovernment efficiency, convenient ticketing and dependable machine-to-machine (M2M) applications. We develop secure embedded software and secure products which we design and personalize. Our platforms and services manage these products, the confidential data they contain and the trusted end-user services made possible.
Our innovations enable our clients to offer trusted and convenient digital services to billions of individuals. Gemalto thrives with the growing number of people using its solutions to interact with the digital and wireless world.
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