The Entersekt Blog

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

The tightrope the EBA is walking
25-07-2019|Simon Rodway

The tightrope the EBA is walking

The European Banking Authority (EBA) plays an extraordinarily complex role. Having to manage and regulate the financial industry means walking a tightrope between directional regulation and restrictive controls.
EMV 3-D Secure pushes the cost of fraud back onto the fraudster
23-07-2019|Steve Bledsoe

EMV 3-D Secure pushes the cost of fraud back onto the fraudster

In the US market, the consumer is always right, and in the never-ending quest for higher profits and brand loyalty, a merchant will do almost anything to earn a consumer’s repeat business.
Why “mobile-first” must mean “trust always”
05-06-2019|Sherif Samy

Why “mobile-first” must mean “trust always”

Trust is inherent in banking, and has been since the beginning, when people decided to store coins and bills in vaults. Sherif Samy, SVP: North America, explained in a podcast with PYMNTS.com on 26 February 2019 why pairing the trust factor with the mobile can help banks adopt a successful omnichannel approach to boost engagement.
How friendly friction builds better digital banking experiences
16-05-2019|Jennifer Singh

How friendly friction builds better digital banking experiences

Consumers’ preferences are undeniably shifting digitally when it comes to banking and financial services. According to a recent study by Citibank, 31 percent of consumers use their mobile banking app more than any other — placing mobile banking behind only social media and weather for the most frequented mobile destinations.
Smarter digital banking experiences for the intelligence age
25-04-2019|Niel Bester

Smarter digital banking experiences for the intelligence age

Demand from young consumers for quicker decisions regarding their finances means that financial institutions are relying increasingly on modern data-processing techniques to enable real-time empowerment. This article, by Niel Bester, SVP: products, appeared in Global Banking and Finance Review, and Banking Exchange earlier this year.
Five things ... that make a great banking app
28-03-2019|Alpa Somaiya

Five things ... that make a great banking app

Unlike men (according to Thomas Jefferson), all banking apps were not created equal. There is a huge variety of apps (and banks) to choose from; some have a wide range of features, while others struggle to offer even the basics. These days, the “basics” are also not what they used to be.
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.
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.
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.
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.

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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.