18 October 2017

Swedbank places order for 200,000 ActivCard security tokens

07 December 2001  |  3257 views  |  0 Swedbank places order for 200,000 ActivCard security tokens

Swedbank has contracted with IT security company Protect Data for the delivery of 200,000 ActivCard digital authentication tokens, with the option to buy a further 100,000 units.

Bank customers use ActivCard's tokens and keypad to create a secure password for digital authentication purposes when transacting with the bank online.

Under the agreement, Protect Data will initiate and prepare the tokens and will also handle their storage and distribution to local bank branches.

Hakan Nyberg, manager of Swedbank's Internet bank, says: "The fact that the association rate to Swedbank over Internet continues to be high, 5000 - 8000 new customers a week, shows among other things that this is a service that gives our customers a feeling of security. Therefore it is natural that we continue our partnership with Protect Data, a company that supplies our customers with a secure solution for banking service over the Internet."

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

Swedbank to offer disposable card numbers

Swedbank to offer disposable card numbers

31 October 2001  |  6120 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.innotribe.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15136 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8353 views comments | 15 tweets | 21 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7853 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7273 views comments | 13 tweets | 8 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6431 views comments | 8 tweets | 16 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job