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.
Behavioral biometrics: The new kid on the block?
13-12-2018|Melanie Maier

Behavioral biometrics: The new kid on the block?

In this blog, Melanie Maier, pre-sales solutions lead for the DACH region at Entersekt, discusses how behavioral biometrics benefits the end-user’s experience, and how it links to strong customer authentication.
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 rise of biometrics in banking: The death of the password?
22-11-2018|Entersekt Editor

The rise of biometrics in banking: The death of the password?

Ever forgotten your PIN number? What about forgetting which password goes with which account? Generally, the problem isn’t the password itself, but the number of username and password combinations we need to remember. It has been estimated that within the next few years, we will have, on average, over 200 accounts for which we need to remember passwords!
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.
The explosive rise in mobile malware
11-07-2018|Lelanie de Roubaix

The explosive rise in mobile malware

Since one of the first known mobile viruses, Timofonica, was discovered in 2000, the mobile landscape has seen a staggering increase in both the number and the type of malware threats. The fraudsters behind them are often at the forefront of technological innovation, leading attacks that range from basic keylogging (for harvesting usernames and passwords) to sophisticated ransomware that demands payment from victims to regain access to their devices or accounts.
Russian hackers making borscht of banks worldwide
17-11-2016|Jolette Roodt

Russian hackers making borscht of banks worldwide

As if the nearly $44 million that Russian cybercriminals stole from banks in their own country between June 2015 and June 2016 weren’t enough, these fraudsters seem to be moving on to greener pastures abroad. Stealing directly from banks as well as from individual online accounts, Russians have started targeting the rest of Europe – and the rest of the world.

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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.