HSBC Argentina rolls out Vasco Digipass authentication technology

Source: Vasco Data Security International

Vasco Data Security International (Nasdaq: VDSI;), a leading software security company specializing in strong authentication products, today announced that leading bank HSBC Argentina secures both its retail and corporate customers with VASCO's strong Digipass authentication solution.

HSBC Bank Argentina is the principal HSBC operating company in Argentina. The bank has around 130 branches throughout the country providing a full range of banking and financial products and services, including commercial, consumer and corporate banking, to over 1.2 million customers.

HSBC Argentina was the first bank in Argentina to offer its online customers a strong two-factor authentication solution and is the only bank to roll out DIGIPASS authentication devices for both its retail and corporate clients.

The bank wanted to implement the highest security standard using best-of-breed solutions to protect their customers' accounts from unauthorized access. Another important factor for a successful roll out was a high user acceptance. HSBC Argentina turned to VASCO to implement a secure, straightforward and user-friendly authentication solution.

Today, HSBC Argentina has so far distributed some 200,000 Digipass Go 3 devices.

"VASCO is honoured that a renowned bank as HSBC Bank Argentina chose our strong authentication solutions to secure their online banking application," said Jan Valcke, VASCO's President and COO. "We want to congratulate HSBC for their security awareness and with their visionary approach for using Digipass for both their private and corporate customers."


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