Vasco to deploy DIGIPASS 760

Thursday 21 November 2013 11:13 CET | News

Swiss-based authentication and e-signature services provider Vasco has launched DIGIPASS 760, a visual transaction signing solution.

DIGIPASS 760 is the first integration of Crontos patented solution into Vascos DIGIPASS product line. The solution is an authentication device targeted towards banks, enabling them to establish an optical communication channel with the client. The solution works with the CrontoSign technology whereby a graphical cryptogram consisting of a matrix of coloured dots is displayed on the banks website.

Account holders enter their transaction details on the banks website. These details are then encrypted and presented as a graphical cryptogram on the users computer or tablet. Users then ‘scan’ this image with the DIGIPASS 760s built-in camera. The DIGIPASS 760 captures and decrypts the coloured cryptogram and the transaction details are presented on the DIGIPASS color display for user verification. A signature is then generated on the DIGIPASS 760 which the user enters on the banks website to confirm the transaction.

Vasco is a supplier of authentication and e-signature solutions as well as services specializing in internet security applications and transactions. Vasco serves a customer base of almost 10,000 companies in more than 100 countries, including approximately 1,700 international financial institutions.

In recent news, Vasco Data Security International has revealed plans to close its R&D facility in Brisbane, Australia.

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Keywords: Vasco, DIGIPASS 760, visual transaction signing solution
Categories: Fraud & Financial Crime
Countries: World
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Fraud & Financial Crime

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