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Bank Mandiri, Indonesia, signs with Vasco

06 November 2003  |  4216 views  |  0 Bank Mandiri, Indonesia, signs with Vasco

Bank Mandiri, Indonesia's leading retail bank, has contracted with Vasco for the supply of 100,000 Digipass 260 tokens for authenticating client communications over the Internet.

The bank will be the first user of Vasco's new, lightweight Digipass 260 product. Mandiri selected the Digipass system for its new transactional Internet banking service following a one-year evaluation of competing technologies.

Kostaman Thayib, senior vice president and group head - consumer liabilities of Bank Mandiri, says: "Key considerations during the evaluation were the level of protection offered, product quality, ease of use, feature set, the vendor's understanding of our needs and its previous experience in delivering similar solutions. We chose Vasco, which, while not the lowest priced solution, was closest to our security, technical and commercial requirements."

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