Advanced Multi-Factor Authentication to prevent modern fraud protection
ebankIT and Entersekt partnered up to create an Advanced Multi-Factor Authentication with Biometrics built into digital banking platform for modern fraud protection, contact center cost savings and optimal user experience.
At the Money 2020 USA conference, 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 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 customizable and smooth user experiences enables financial institutions to provide safer authentication alternatives to SMS one-time passcodes 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 account takeover fraud, ACH and Wire fraud, device takeover fraud and more.
Forward-looking digital banking providers are recognizing the evolving threats and financial impact of fraud on their institution and their customers. 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.
- Schalk Nolte, CEO at Entersekt.
ebankIT is an Omnichannel Digital Banking Platform, ready to integrate with any core system, and focused on creating an interactive digital experience. Financial Institutions future-proof their strategy while customers enjoy the best user experience throughout every stage and touchpoint.
ebankIT and Entersekt have a common vision of future-proofing digital banking capabilities for banks and credit unions. This partnership brings together two best-in-class providers into one advanced solution that offers unmatched digital capabilities and fraud protection to FIs around the world.
- Renato Oliveira, CEO of ebankIT.
The fully integrated solution brings together two disruptive technologies in the financial services space into 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.