Advanced multi-factor authentication with biometrics built into digital banking platform for modern fraud protection, contact center cost savings, and optimal user experience
Las Vegas, Nevada – Today at Money20/20 USA, Entersekt and ebankIT unveiled their new partnership and integrated solution, which adds Entersekt’s Context Aware™ Authentication capabilities to ebankIT’s omnichannel digital banking platform. The combined technologies offer banks and credit unions the option of advanced biometric authentication and protection against many modern account takeover (ATO) fraud schemes, while simultaneously reducing contact center operational costs.
Entersekt provides a single, cross-channel platform for secure, frictionless, Context Aware™ Authentication of customers and payments. The company’s approach to smooth, customizable user experiences enables financial institutions (FIs) to provide safer authentication alternatives to SMS one-time passcodes (OTPs), which have seen an alarming uptick in exploits over the last year.
Context Aware™ Authentication introduces the next generation of authentication to protect customers against modern attacks and evolving ATO fraud, ACH and wire fraud, device takeover fraud, and more.
ebankIT is an omnichannel digital banking platform, ready to integrate with any core system, and focused on creating an interactive digital experience. FIs future-proof their strategies while customers enjoy the best user experience throughout every stage and touchpoint.
The fully integrated solution brings together two disruptive technologies in the financial services space under one modern digital banking platform built to provide unprecedented user experiences and modern fraud protection for banks and credit unions across retail, commercial, and small business customers.
“Forward-looking digital banking providers are recognizing the evolving threats and financial impact of fraud on their institution and their customers,” says Schalk Nolte, CEO at Entersekt. “A core tenet of our go-to-market strategy is partnering with, and enabling, leading digital banking platforms like ebankIT with the most advanced authentication technologies on the market today.”
“ebankIT and Entersekt have a common vision of future-proofing digital banking capabilities for banks and credit unions,” added Renato Oliveira, CEO of ebankIT. “This partnership brings together two best-in-class providers under one advanced solution that offers unmatched digital capabilities and fraud protection to FIs around the world.”
ebankIT is a fintech company that enables banks and credit unions to deliver the same humanized, personalized, and accessible digital experience on mobile, web, and voice banking, as well as whatever future channels may come next. Enhanced with flexible and robust full omnichannel capabilities, ebankIT Digital Banking Platform offers a fast and seamless digital banking transformation. With extensive customization capacity and a continuous focus on human interactions, ebankIT future-proofs the digital strategy of banks and credit unions, empowering them with a truly customer-first approach. For more information visit www.ebankit.com.