24 October 2017
Register now

Suriname's Godo CU chooses Comodo for Internet banking security

20 July 2007  |  2134 views  |  0 Source: Suriname

Comodo, a global leader in Identity and Trust Assurance Management solutions, announced today that Godo, a leading credit union headquartered in Suriname, has chosen Comodo to deliver authentication to its online banking customers, as its online function prepares to launch.

Godo will utilize Comodo's Two Factor Authentication for authenticating the user to the institution, Comodo's Content Verification Certificate (CVC) to protect key content from being spoofed by a phisher, and an EV SSL certificate for online visual authentication of the site's identity. Banking in Suriname is a non-regulated industry, so authentication is not a requirement, nevertheless Godo has chosen to proactively deliver authentication as online consumers seek greater protection.

"We chose to employ Comodo's Authentication Solutions to clearly demonstrate our commitment to securing our customers' trust," said Jerry Robles de Medina. "We felt it was an important decision that will help stimulate our growth. Online customers are demanding authentication more and more, and if we want to keep the customers we have and bring in more new members, Comodo Authentication Solutions are optimal solutions."

Comodo Authentication Solutions are effective low-cost solutions with little integration that are easily configured and quickly deployed. Because Comodo Authentication Solutions are based on an established PKI infrastructure and digital certificate lifecycle management processes, operating costs are greatly reduced. Further, PKI is recognized by industry leaders around the world as a best practice in online security and authentication. Motivated by these factors, Godo made a strategic business decision to deploy Comodo solutions to both maintain its current member base and to attract new customers.

"By choosing Comodo Authentication Solutions, Godo recognizes the competitive advantages of adopting a best practices approach to online security." said Igor Seletskiy, Comodo's Director of Technology. "This sets a precedent for many other organizations to follow and shows that digital authentication is no longer an optional add-on but a core growth requirement."

Godo plans to have its online banking arm in full operation by September.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.vasco.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
20391 views comments | 31 tweets | 44 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15494 views comments | 24 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
11132 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9246 views comments | 15 tweets | 29 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job