22 April 2018
visit www.ebaday.com

Swedbank introduces mobile phone e-ID system

19 April 2010  |  7765 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  |  9198 views  |  0 comments
Bank of America introduces SafePass mobile authentication service

Bank of America introduces SafePass mobile authentication service

11 September 2007  |  9515 views  |  0 comments
Norwegian telco and banks to develop mobile authentication system

Norwegian telco and banks to develop mobile authentication system

03 October 2006  |  7215 views  |  0 comments
Swedish banks and mobile operators develop e-ID standard

Swedish banks and mobile operators develop e-ID standard

31 March 2005  |  7607 views  |  0 comments
Lansforsakringar Bank joins BankID consortium

Lansforsakringar Bank joins BankID consortium

26 August 2003  |  6370 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.nextgenbanking.co.ukVisit http://go.jumio.com/finextraAdVisit http://wup.digital

Top topics

Most viewed Most shared
Top tier banks pass first transactions on trade finance blockchainTop tier banks pass first transactions on...
11462 views comments | 20 tweets | 27 linkedin
TransferWise becomes first non-bank to open settlement account with BofE RTGSTransferWise becomes first non-bank to ope...
10067 views comments | 18 tweets | 32 linkedin
Revolut launches spare change savings toolRevolut launches spare change savings tool
9898 views comments | 14 tweets | 19 linkedin
Barclays Bank sets up tech venture unitBarclays Bank sets up tech venture unit
9140 views comments | 16 tweets | 22 linkedin
Goldman Sachs acquires PFM startup Clarity MoneyGoldman Sachs acquires PFM startup Clarity...
8531 views comments | 9 tweets | 10 linkedin

Featured job

Six-Figure Base + OTE + Benefits
London, UK

Find your next job