The Entersekt Blog

Industry news, security threats, and technology advances in consumer authentication.

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The new technology partnership: Welcome to regtech
08-11-2018|Entersekt Editor

The new technology partnership: Welcome to regtech

After the 2008 financial crisis, banks were suddenly faced with a significant increase in regulations. This meant a hefty rise in expenditure and use of resources, and yet many businesses still fell short of expectations. The process needed access to more meaningful data and digitization.
Complimentary webinar: Maximizing the customer experience in a secure open-banking ecosystem
25-10-2018|Entersekt Editor

Complimentary webinar: Maximizing the customer experience in a secure open-banking ecosystem

How does your company ensure they comply with ever-changing industry regulations without compromising on delivering a streamlined user experience?
Next-generation banking’s mobile makeover
18-10-2018|Niel Bester

Next-generation banking’s mobile makeover

In this blog, originally published by IT Online on 20 June 2018, Niel Bester, Senior Vice President for Products at Entersekt discusses the challenge that banks face in strengthening their relationships with younger customers as they embrace new technology.
The win-win opportunity in banks’ digital transformation strategy
11-10-2018|Entersekt Editor

The win-win opportunity in banks’ digital transformation strategy

Digital transformation has become a strategic focus area for banks – one that many experts view as critical for future success. Digital banking can mean greater cost savings and more efficiency, but it can also be a way for banks to engage with customers. It’s no secret that engaged customers tend to buy more products, have higher account balances, and generate more profits.
Is cash still king in Africa?
27-09-2018|Mzukisi Rusi

Is cash still king in Africa?

Access to innovative new payment methods is no longer confined to the developed regions of the world. Mobile devices of all kinds have transformed how people in several sub-Saharan countries conduct their lives, with homegrown fintech solutions having a particularly strong effect on the way we pay for goods and services, or transfer money to family and friends.
What does the future hold for banks?
20-09-2018|Niel Bester

What does the future hold for banks?

Banks shouldn’t view the imminent battle for consumer data as a foregone defeat – in fact, helping consumers manage their data securely presents a significant opportunity for banks.
Social media payments: Threat or opportunity for banks?
13-09-2018|Entersekt Editor

Social media payments: Threat or opportunity for banks?

Remember the early days of Facebook? Were you an early adopter or more cautious, joining only after everyone and their cat had a profile? Those of us in the latter group eventually signed up because many of our friends reported being avid users and trusted the service.
US companies should not ignore the EU’s GDPR
30-08-2018|George Miller

US companies should not ignore the EU’s GDPR

Following a seemingly endless barrage of marketing emails asking consumers to opt-in to keep receiving communications, the European Union’s General Data Protection Regulation (GDPR) came into effect on 25 May, marking the enactment of a sweeping data protection law that governs how data is collected and used in the EU’s 28 countries
Whose customer is it when banks and fintechs collaborate?
23-08-2018|Entersekt Editor

Whose customer is it when banks and fintechs collaborate?

FinTech and banks have long been painted as natural enemies vying for control of the future of consumer finances – but that view is a little out of date, Entersekt CTO Gerhard Oosthuizen recently told PYMNTS.com in an interview. These days, banks and fintechs are increasingly realizing they’ll work better together than apart. But the consumer relationship is up in the air – and while it is an exciting time for banking, it’s a scary time for banks.
Ringing the changes with 3-D Secure
15-08-2018|Lelanie de Roubaix

Ringing the changes with 3-D Secure

In many ways, the evolution of the card networks’ 3-D Secure protocol is a reflection of how the world of e-commerce has changed. As with any process of change, growing pains are inevitable; in the case of 3-D Secure, they’ve been there right from the start. The imminent introduction of 3-D Secure 2.0 invites us to reflect, not only on the improvements it promises but the challenges that the industry has faced along the way.

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Entersekt is an international software development company based just outside of Cape Town, South Africa.

We are leaders in authentication, app security, and payments enablement technology, offering a highly scalable solution set with a track record of success across multiple continents.