Vasco signs Turkey's Bank Asya to Digipass authentication technology

Source: Vasco

VASCO Data Security International, Inc. (NASDAQ:VDSI) , the global number one vendor of strong user authentication and e-signature products, today announced that leading Turkish financial institution Bank Asya will use VASCO's card-based Digipass 810 strong authentication to secure its retail and corporate banking customers for both phone and e-banking.

65% of Bank Asya's money transfer business is generated over the Internet. In addition, the bank receives an average of 200,000 calls per month for phone banking. To add an extra layer of security to its successful alternative banking channels, Bank Asya opted for VASCO's Digipass 810. The Digipass 810's functionalities include EMV-CAP (Europay-Mastercard-Visa Chip Authentication Program).

"We welcome Bank Asya as a customer," said Jan Valcke, VASCO's President and COO. "VASCO applauds Bank Asya's decision to secure its customers with the robust and proven Digipass 810 strong authentication technology. Together, we will make the Internet a safer place for Turkish e-banking users."

"Bank Asya opted for VASCO because of the proven track record of the company and the flexibility of the Digipass 810," said Mr. Israfil Ayd.n, Head of Bank Asya's Alternative Channels Department. "The authentication secrets are stored on the chip of the bank card we distribute to our customers. That way, several customers can use a Digipass 810 reader, whenever they want to and wherever they are."

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