29 August 2015

Swedbank introduces mobile phone e-ID system

19 April 2010  |  6448 views  |  0 Fingers on smartphone keypad

Swedbank has launched a service that lets customers use their mobile phones to log onto online banking accounts and digitally sign documents using their hadnsets.

The system is based on BankID, the electronic identity system used by a consortium of nine Swedish banks, as well as the government and other companies, and two million people.

Now, Swedbank has partnered telcos TeliaSonera and Teleno to open up its online bank to Mobile BankID.

Anders Pettersson, head, online banking, offerings and products, Swedbank, says: "This is just the beginning of our efforts to become the leading bank when it comes to mobile services. During 2010, we are planning for more bank services in your mobile phone."

Johan Eriksson, CEO, Finansiell ID-Teknik, adds: "To be able to identify yourself and electronically sign documents using your mobile phone is a both necessary and a quite natural development. We have broadened an already well established infrastructure."

Last year a similar system was launched in Norway, based on its BankID electronic identification and signature system for Web banking.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

23 March, 2009
11 September, 2007
03 October, 2006
31 March, 2005
26 August, 2003

Related company news

 

Top topics

Most viewed Most shared
Android Pay could launch this week
6357 views comments | 26 tweets | 22 linkedin
FIS opens Indian financial inclusion lab
5843 views comments | 14 tweets | 2 linkedin
SunGard system glitch causes havoc for BNY...
5782 views comments | 13 tweets | 12 linkedin
Kenya's NIC Bank links to Twitter and What...
5348 views comments | 27 tweets | 14 linkedin
Wirecard bids for Worldpay - Bloomberg
4822 views comments | 10 tweets | 7 linkedin

Featured job

to £80K base + commission + bonus
London, UK

Find your next job