The Entersekt Blog

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

It’s like your credit card, only better
07-03-2019|Gerhard Oosthuizen

It’s like your credit card, only better

In the “old days” – the days of magnetic stripe cards – we proved that we were the owners of our cards with a handwritten signature at the point of sale (POS). Then came the chip cards, for which we switched to using a PIN number in card-present situations to authenticate ourselves as the card owner. This is not the case in the USA, however, where using PIN numbers for credit cards and POS purchases are rare, and cardholders continue to sign slips. Even this though, is becoming increasingly rare with US card issuers dropping the requirement for a signature without replacing it with a PIN.
The state of mobile banking: insights from industry research
28-02-2019|Lelanie de Roubaix

The state of mobile banking: insights from industry research

Digital banking industry research published in 2018 by a number of leading research and advisory firms highlights a trend that has led the industry to reflect on a core aspect of current priorities as well as future strategy: the customer. A renewed focus on the customer became a central theme running through consumer surveys, research reports, advisors’ recommendations, conference panels, and social-media discussions among industry veterans.
Letting you know what you need to know when you need to know it
21-02-2019|Tom de Waal

Letting you know what you need to know when you need to know it

I have, over the years, opened accounts at a number of banks in order to meet different needs: savings, payments, a mortgage, and so on. My family also have bank accounts, some of which we share. You probably have a similar spread of accounts. You will certainly be familiar with the type of mobile apps financial services providers typically offer us so that we can watch our accounts and transact digitally. They are convenient and (hopefully) secure.
A new lease of life for QR codes: Payments and beyond
14-02-2019|Clara Chennells

A new lease of life for QR codes: Payments and beyond

If you thought that QR codes were only used for payments, take out your phone and scan again.
PSD2 hastens the demise of SMS OTP
31-01-2019|Lelanie de Roubaix

PSD2 hastens the demise of SMS OTP

A month into 2019, the financial services and payments industries are buzzing as the deadline for complying with Europe’s revised payments services directive (PSD2) approaches. A particular cause of concern is the implementation of the regulatory technical standard for strong customer authentication (SCA), which has been a hot topic in boardrooms and at industry events for what seems like years now.
Blockchain big bang or API ascension: What will 2019 bring?
17-01-2019|Gerhard Oosthuizen

Blockchain big bang or API ascension: What will 2019 bring?

Gerhard Oosthuizen, Entersekt’s CTO, uses his crystal ball, together with years of industry knowledge, to bring you a glimpse into the future of banking and payments.

At the beginning of a new year, alive with possibilities, we want to be ahead of the game. Some of us prefer a bit more certainty with our possibilities and look to industry experts and thought leaders to give us a preview into the year ahead. But we soon realize that there are countless banking industry initiatives poised to come to fruition in 2019, to the extent that it’s difficult to know which questions we will see answered as the year unfolds.
The future of payments: A pool pump with a credit card?
10-01-2019|Alpa Somaiya

The future of payments: A pool pump with a credit card?

Press a button and your laundry detergent is ordered, delivered, and paid for. Your car knows when it needs repairs, books itself in, drives itself to the garage, and then pays for the service. Your fridge keeps track of what needs replacing, orders and pays for the goods. This sounded like a science fiction movie a decade ago, but thanks to the Internet of Things (IoT), it is all possible.
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.
Banks and the “transaction pipe” trap
15-11-2018|Entersekt Editor

Banks and the “transaction pipe” trap

In this interview, originally published on PYMNTS.com on 13 April 2018, Dewald Nolte, Entersekt’s chief commercial officer, discusses the problems and opportunities surrounding digital payments.
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.

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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.