Financial Institutions Increasing Focus on Payments Security

Tuesday 17 May 2005 22:25 CET | News

P&H Solutions, has noted an increased interest in its Token Authentication modules designed to strengthen security for wire and ACH payments.

With Token Authentication, users enter a dynamic, constantly changing password provided through a hand-held device, in addition to their memorized password when submitting a wire or ACH payment. Security experts widely agree that this added level of security greatly minimizes fraud risk for businesses and financial institutions. P&H Solutions partners with industry leaders Vasco and RSA Security to provide a pre-integrated, easy-to-deploy token authentication solution within P&Hs Web Cash Manager Suite. Through its Storefront initiative, P&H has streamlined the process of implementing token authentication within its Web Cash Manager system. Token authentication is available for both in-house installations and for those financial institutions using the P&H Outsource Solution Center.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce


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