Discount Bank to issue Digipass authentication tokens to private banking clients

Source: Vasco Data Security International

VASCO Data Security International, Inc. (Nasdaq: VDSI), the global number one vendor of strong user authentication and e-signature products, today announced that Uruguayan bank Discount Bank protects its online private banking clients with VASCO's Digipass GO3.

Discount Latin Bank America was founded in 1958 and is now a subsidiary of IDB Bank of New York.

Digipass GO3 is a lightweight strong user authentication product, especially designed for the large volume banking market. GO3 is extremely easy to use -- with a simple touch of a button, the customer generates a unique one-time password. The password can be only used once, which means that it can't be re-used by fraudsters. Digipass GO3 is VASCO's answer to banks that want to give their customers a simple though secure means to use Internet banking applications

Security Advisor, VASCO's trusted partner in Uruguay, handled the implementation and integration of Digipass GO3 and VACMAN Controller for Discount Bank.

"We recommended VASCO to Discount Bank, because VASCO is a world leader in strong authentication, with a variety of authenticators," says Leonardo Berro, Director of Security Advisor. "We already got positive feedback from Discount Bank on this project: customers have received Digipass GO3 well and feel very comfortable working with it."

"We welcome Discount Bank as a VASCO customer," said Jan Valcke, VASCO's President and COO. "We congratulate Discount Bank on their commitment to protect the personal information and assets of their online account holders. With Digipass GO3, Discount Bank takes the security of its Multidiscount online banking application to the next level."

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