21 July 2017
Download the paper now.

Swedbank introduces mobile phone e-ID system

19 April 2010  |  7306 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)

Finextra news in your inbox

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

Related stories

Norwegians get mobile phone-based online banking login system

Norwegians get mobile phone-based online banking login system

23 March 2009  |  7425 views  |  0 comments
Bank of America introduces SafePass mobile authentication service

Bank of America introduces SafePass mobile authentication service

11 September 2007  |  9322 views  |  0 comments
Norwegian telco and banks to develop mobile authentication system

Norwegian telco and banks to develop mobile authentication system

03 October 2006  |  6911 views  |  0 comments
Swedish banks and mobile operators develop e-ID standard

Swedish banks and mobile operators develop e-ID standard

31 March 2005  |  7366 views  |  0 comments
Lansforsakringar Bank joins BankID consortium

Lansforsakringar Bank joins BankID consortium

26 August 2003  |  5917 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.www.fisglobal.comvisit www.niceactimize.comvisit vasco.com/news/PSD2-compliant-solutions

Top topics

Most viewed Most shared
German fintech factory FinLeap raises EUR39 millionGerman fintech factory FinLeap raises EUR3...
12721 views comments | 19 tweets | 15 linkedin
EPC gears up for pan-European instant paymentsEPC gears up for pan-European instant paym...
9888 views comments | 10 tweets | 28 linkedin
Mastercard to buy AI outfit BrighterionMastercard to buy AI outfit Brighterion
8756 views comments | 14 tweets | 20 linkedin
Barclays rides payments-as-a-service wave with investment in Form3Barclays rides payments-as-a-service wave...
7958 views comments | 16 tweets | 12 linkedin
hands typing furiouslyThe Digital Trade Chain: the blockchain tr...
7719 views 0 | 5 tweets | 16 linkedin

Featured job

£100-120K Basic dependent on experience plus subst...
London

Find your next job