via CAAI News Media
Feb 03, 2010 (Close-Up Media via COMTEX) -- Gemalto, a developer of digital security solutions, announced it is supplying Advanced Bank of Asia (ABA) in Cambodia with its authentication solution, Ezio Pocket Reader, to secure their new Internet banking services.
The company said it also provides the bank with EMV (Europay, MasterCard, Visa) credit cards. ABA noted it is the first in the country to adopt an EMV card-based authentication solution. Ezio Pocket Reader is compliant with the industry standards of MasterCard CAP and Visa DPA.
"It is imperative to ensure that a high level of security is maintained for consumers to feel confident and comfortable when using online banking services," said Temirov Galymzhan, ABA CTO. "We constantly strive to enhance the customers' banking experience, providing greater convenience with the introduction of new services or technologies. We are delighted to leverage Gemalto's expertise in digital security as we roll-out our internet banking offering." "This contract with Advanced Bank of Asia further illustrates Gemalto's consumer-oriented approach," noted Tan Teck Lee, President, Gemalto Asia. "By creating a more secure environment for online banking, Gemalto will enable the bank to develop their offering and make more and more services available to their customers." ABA said its customers can use the EMV credit card to securely access their online banking services. To access online banking services, customers simply insert their EMV card into the Ezio Pocket Reader. Subsequently, a one-time-password, which is unique and different every time, will be generated to authenticate the cardholder.
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