25 April 2017
Visit EBAday.com

Swedbank introduces mobile phone e-ID system

19 April 2010  |  7033 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  |  7341 views  |  0 comments
Bank of America introduces SafePass mobile authentication service

Bank of America introduces SafePass mobile authentication service

11 September 2007  |  9238 views  |  0 comments
Norwegian telco and banks to develop mobile authentication system

Norwegian telco and banks to develop mobile authentication system

03 October 2006  |  6821 views  |  0 comments
Swedish banks and mobile operators develop e-ID standard

Swedish banks and mobile operators develop e-ID standard

31 March 2005  |  7228 views  |  0 comments
Lansforsakringar Bank joins BankID consortium

Lansforsakringar Bank joins BankID consortium

26 August 2003  |  5645 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit capgemini.comvisit dh.comFind out more

Top topics

Most viewed Most shared
hands typing furiouslyDoes the Buck Stop with GameStop?
14202 views 0 | 3 tweets | 14 linkedin
BBVA runs live funds transfers over RippleBBVA runs live funds transfers over Ripple
11449 views comments | 31 tweets | 20 linkedin
Alipay and WeChat near $3 trillion payments milestoneAlipay and WeChat near $3 trillion payment...
9624 views comments | 35 tweets | 38 linkedin
Western Union and MoneyGram unveil Facebook Messenger bots; Mastercard and Amex pile inWestern Union and MoneyGram unveil Faceboo...
8961 views comments | 17 tweets | 17 linkedin
hands typing furiouslyBitcoin ETF Bites the Dust, Needs More Sec...
8736 views 0 | 7 tweets | 7 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job