The Entersekt Blog

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

The (lock and) key to strong security
08-01-2018|Simon Rodway

The (lock and) key to strong security

Let me begin with a short story, a true story. A good friend of mine’s house was recently broken into. He was asleep in bed when this event took place, and he heard nothing. In fact, when he got up in the morning, he didn’t even notice at first that the event had taken place, such was the subtlety of the break-in. The thief had managed to break a door lock, opening the door without making much sound at all. The technique was to snap off the front of the lock and use a screwdriver to open the door: very quiet and very quick.
Hacking of new iPhone X biometric security offers lessons in user authentication
19-12-2017|Entersekt Editor

Hacking of new iPhone X biometric security offers lessons in user authentication

More companies are implementing mobile biometric authentication to increase security and reduce fraud. According to a recent report, the worldwide mobile biometrics market is expected to exceed $50.6 billion in revenue by 2022, growing from a base of $6.5 billion in 2016, but despite this growth, financial institutions and consumers harbor legitimate concerns about whether mobile biometrics actually delivers on its promise of improved security.
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.
What is regtech and why do we need to know about it?
06-12-2017|Alan Goode

What is regtech and why do we need to know about it?

In an attempt to reduce the ever-increasing burden on their compliance teams, financial service organizations are starting to turn to new technology solutions like machine learning and cloud computing. The collective name for these solutions that is now entering the industry vernacular is regtech, short for regulatory technology. In this blog, we will explore some of the potential use cases for regtech products.
Regulation, integration and push authentication: factors to consider in the run-up to PSD2
29-11-2017|Simon Rodway

Regulation, integration and push authentication: factors to consider in the run-up to PSD2

We are all familiar with the sound of our mobile devices pinging or vibrating to let us know that something has arrived that we might be interested in. There are now numerous methods employed by mobile operating system vendors and app developers to draw our attention to the fact that new content is available: everything from badges to banners, alerts and various other types of messages.
Open banking and PSD2 will create winners and losers
22-11-2017|Frans Labuschagne

Open banking and PSD2 will create winners and losers

With the Competition and Markets Authority (CMA) mandating UK retail banks to ‘open up’ and adopt the new principles of open banking, not to mention the impending introduction of the Payments Services Directive (PSD2) in January 2018, banks will soon be operating in a much more competitive environment than before. Without the right security to enable them to offer additional digital services, incumbent banks will struggle to compete against all the new entrants into their market.
Confirm your customer: how strong authentication leads to more transactions
15-11-2017|Dewald Nolte

Confirm your customer: how strong authentication leads to more transactions

Losses from card fraud approached $23 billion worldwide in 2016, according to the 2017 Nilson Report, and with the rising tide of data breaches and other cyberattacks, that sum is projected to reach $33 billion by 2021.
Turn mandatory PSD2 compliance into a strategic advantage with Entersekt
08-11-2017|Jonathan Knoll

Turn mandatory PSD2 compliance into a strategic advantage with Entersekt

PSD2 introduces an entirely new market dynamic. While it will bring banks a new burden of compliance and open them up to increased liability, this regulatory framework also comes with exciting new opportunities for revenue.
Complimentary webinar: The secret key to PSD2 compliance
06-11-2017|Entersekt Editor

Complimentary webinar: The secret key to PSD2 compliance

With the go-live date for PSD2 less than four months away, financial institutions, payments processors, and third-party providers (TPPs) are under immense pressure to become fully compliant with its standards. What is the best way for your organization to implement its key requirements of open access and strong customer authentication (SCA)?
The fintech behind the world’s best retail bank
31-10-2017|Entersekt Editor

The fintech behind the world’s best retail bank

We are excited to attend the Gartner Symposium/ITxpo in Barcelona on November 5-9 with our valued client, Capitec Bank, and share the unique story of our combined goal to make banking simple, accessible, affordable and secure for all.

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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.