The Entersekt Blog

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

What's behind the brisk growth of risk-based authentication?
25-04-2017|Jolette Roodt

What's behind the brisk growth of risk-based authentication?

The move to chip cards in the United States has been touted as the trigger for the movement of fraud from card-present to card-not-present channels. The country’s dominant approach to combating this type of fraud is risk-based authentication. Is this because it has proven to be successful in preventing fraud, or is risk-based authentication’s attractiveness based on other considerations?
Trend alert: authentication acquisitions
11-04-2017|Jolette Roodt

Trend alert: authentication acquisitions

Digital security is becoming a part of everyday life and is no longer something only banks need to care about. As such, smaller-fry authentication companies are being picked up by big service-provider fish at a rate worth mentioning – and not for a song, either, as recent figures show. Why is this happening, and what does it spell for the future?
P2P payment apps are taking over the world
28-03-2017|Clara Chennells

P2P payment apps are taking over the world

In the last few years, uptake of personal payment applications has been shaking up the world of fintech. US-based digital wallet Venmo, one of the fastest-growing apps in this realm, is changing the way we think about person-to-person (P2P) payments.
Move along, millennials: Gen Z is coming
14-03-2017|Bronwen Kausch

Move along, millennials: Gen Z is coming

Just as we thought we may have reached an understanding of millennials, the focus has shifted to Generation Z.

This post-millennial generation, also referred to as the iGeneration and NetGen, are largely the children of Generation X, although some may be the early offspring of millennials. Whatever their name, the group born after 1995 not only contribute around $44 billion to the US economy annually, but will also make up a full third of the country’s population in just three years’ time.
Why would you need MFA for healthcare?
21-02-2017|Jolette Roodt

Why would you need MFA for healthcare?

Are reports of breaches at health providers sending your blood pressure skyward? Straightforward, effective authentication is just what the doctor ordered!
GDPR? PSD2? Four-letter headaches in need of specialist attention
09-02-2017|Niel Bester

GDPR? PSD2? Four-letter headaches in need of specialist attention

Time is running out for companies to comply with the European Union’s Revised Payment Services Directive (PSD2), which takes effect in January 2018, and General Data Protection Regulations (GDPR), which kick in in May 2018. The trouble is that these two sets of guidelines are not only strict on their own, but in some respects even seem to work against each other. How are financial institutions to approach this conundrum?
Home-turf victories for Entersekt
26-01-2017|Jolette Roodt

Home-turf victories for Entersekt

During 2016, many of Entersekt’s social media posts focused on our current global expansion, particularly into Europe and the United States. Among these exciting developments was FirstBank’s choice of our Transakt product to secure their mobile app and enable Touch ID authentication. We were also proud to announce our partnerships with CREALOGIX, Netcetera, Blue Bay, Backbase and IST Networks. Meanwhile, we have also been doing well on the home front.
Make ease of use your trump card
10-01-2017|Schalk Nolte

Make ease of use your trump card

A significant percentage of US consumers flatly say that they are not interested in taking up mobile banking. Other channels do the job just fine, they say. That’s a problem.
The effect of regulations on innovation? It's a matter of perspective
20-12-2016|Gerhard Oosthuizen

The effect of regulations on innovation? It's a matter of perspective

The security of financial and personal information is a necessary focal point for regulatory bodies worldwide. Fraud and data theft are concerns across all industries, but their threat is of particular importance to the banking and payments sectors.
The end of the piggy-bank?
07-12-2016|Claudius van der Meulen

The end of the piggy-bank?

The piggy bank has been a symbol of saving for years. The term itself is actually much older than the farmyard shape we are familiar with today, deriving from “pygg” a kind of clay used to make Europe’s first money jars in the Middle Ages. Most children probably don’t know that, but they nonetheless learn a lot from the piggy bank. It is a good start to understanding that money has a value and that saving it has long-term benefits.

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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.