The Entersekt Blog

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

Entersekt’s consumer survey 2019: Mobile app-based banking and payments in the USA
30-04-2019|Sherif Samy

Entersekt’s consumer survey 2019: Mobile app-based banking and payments in the USA

This is an exciting time in mobile banking and payments. Entersekt believes that banks, and their customers, can have it all – convenience, control, and the benefits of continuous innovation. It just takes vision.
Mercator white paper, sponsored by Entersekt: A new security paradigm for the new digital world
29-11-2018|Mark van Dalsen

Mercator white paper, sponsored by Entersekt: A new security paradigm for the new digital world

The world in which your entire commercial existence is bound to your mobile device is fast approaching, and at its center stands the bank, which safeguards your most valuable assets – funds, payment media, and a trove of data. That’s Entersekt’s vision.
The problem with having mobile carriers in the digital security chain
13-06-2018|Entersekt Editor

The problem with having mobile carriers in the digital security chain

A year ago this time, a fraudulent attack on German telecom O2-Telefonica shone the security spotlight on Signaling System 7 (SS7) – also called Common Channel Signaling System 7 (CCSS7) – the international telecommunications standard that enables mobile carrier (mobile network) interoperability. Without carrier interoperability, it would be impossible to transmit calls or text messages between mobile phones on different networks, making SS7 a key component of the global communication ecosystem.
Life after SMS OTP: what will be the next big thing in transaction security?
30-05-2018|Clara Chennells

Life after SMS OTP: what will be the next big thing in transaction security?

Remember VHS? The Sony Walkman? What about the dot matrix printer? These are things that were considered state-of-the-art in the 1980s – but are now only a fond memory. No-one in their right mind would, for example, release a new film only on VHS today. And yet incredibly, the SMS OTP, first conceived in the early 1980s, is still what secures online banking channels at most of the world’s financial institutions today.
Entersekt’s Transakt solves more for banks than just PSD2 problems
17-05-2018|Jonathan Knoll

Entersekt’s Transakt solves more for banks than just PSD2 problems

As any and every bank and organization that deals with payments knows by now, the European Banking Authority’s regulatory technical standards (RTS) on strong customer authentication take effect in September 2019. However, given the requirement to have the relevant APIs, documentation, and testing done a full six months before that date, the actual deadline is March 2019. With less than a year to go, the implementation clock is ticking loudly.
Mobile authentication: What happens when security and usability stop being mutually exclusive?
18-04-2018|Entersekt Editor

Mobile authentication: What happens when security and usability stop being mutually exclusive?

In digital banking, and more recently also in the mobile payments sphere, security and usability are commonly viewed as incompatible priorities. By implication, for security to be strong enough, it must also impose inconvenience on the user. At Entersekt, however, we prefer to ask: why do banks have to choose?
Three things you need to ask when choosing an authentication solution
28-03-2018|Jonathan Knoll

Three things you need to ask when choosing an authentication solution

I sometimes think that here, in the IT security sector, we’re having the wrong conversation about authentication. As we debate the respective merits of the various solutions, we’re in danger of forgetting the most important member of the value chain: the customer.
Mobile wallet technology boosts convenience for consumers and card issuers alike
08-03-2018|Gerhard Oosthuizen

Mobile wallet technology boosts convenience for consumers and card issuers alike

Today, mobile wallets are just one component of your institution’s overarching digital banking strategy. With the right solution in place, consumers can enjoy a superior payment experience whether shopping online, using a third-party wallet, or using a contactless payment method.
Authentication devices: are two better than one?
07-02-2018|Simon Rodway

Authentication devices: are two better than one?

At the end of 2017, two researchers at the University of Erlangen-Nuremberg in Germany discovered a weakness in the software that is used to protect 31 of the country’s mobile banking apps. As a result of this weakness, the researchers were able to successfully authenticate a transfer of money out of a banking account without the account holder’s permission.
Convenience is the deal-breaker for the North American market
13-12-2017|Sherif Samy

Convenience is the deal-breaker for the North American market

This is an exciting blog post for me. It may be Entersekt’s last blog post for 2017, but it’s the first post I write representing the company in the North American region – an amazing, exciting market, with immense potential and challenging innovation and security needs.

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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.