Vasco boards blockchain bandwagon

Source: Vasco

VASCO Data Security International, Inc. (NASDAQ: VDSI), a global leader in digital solutions including identity, security and business productivity, will demonstrate its cloud-based risk analytics capability, how organizations can enable a fully mobile onboarding experience, as well as an end-to-end loan closing process using blockchain technology.

VASCO will be in South Hall, Booth 509 at RSA Conference 2018.

VASCO will showcase next-generation solutions, including:
• Cloud-based Risk Analytics to help banks detect fraud across multiple channels while improving the user experience. Through sophisticated, real-time risk analysis, VASCO delivers strong protection against fraudulent activities - identifying risk at critical steps, predicting risk levels, and taking immediate action when fraud patterns are identified. The solution is powerful, cost-effective and easy-to-deploy, enabling an effective approach to fraud prevention.

• Mobile Onboarding through a partnership with Mitek (MITK), organizations can deliver a complete mobile onboarding process for new customer acquisitions. Using VASCO’s eSignLive™ in conjunction with Mitek’s identity verification solutions, banks, lenders and other financial institutions can leverage ID document verification and e-signatures to tap into mobile-first consumers. Together, eSignLive and Mitek enable a secure, compliant and a frictionless mobile onboarding process without the need for branch or in-person ID verification.

• Blockchain Proof-of-Concept to enable an end-to-end digital lending process. Bringing together e-signature and e-vaulting technologies with blockchain, the eSignLive Digital Lending Solution has the potential to give banks, lenders and investors complete visibility into the lending process and demonstrate who has legal control over the authoritative copy of a loan document. The combination of technologies can also simplify the tracking and storage of loan documents, from origination through funding, while maintaining strict controls to prove the document’s authenticity and uniqueness as the loan is sold and transferred.

RSA Conference 2018 is being held at Moscone Center in San Francisco, from April 16-19, 2018.

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