Solutions

DynaPay

  • FFIEC has published regulatory guidelines requiring multifactor authentication for online banking
  • DynaPay Meets or exceeds FFIEC guidelines
  • DynaPay Provides transaction verification
  • Only “Patented” true multifactor authentication available today
  • Provides convenient and secure customer experience
  • Patented technology (US Patent# 6,993,658) using friendly SMS text messaging
  • 2-factor / 2-channel authenticatin
  • Closed-loop authentication defeats “man-in-the-middle” attacks
  • Patented solution is quick, easy and secure


How It Works (Example demonstration only)

  1. Accountholder logs in.

  2. The OTP is sent via SMS text message to the Accountholder

  3. The Accountholder enters OTP and clicks "Sumbit"

  4. Accountholder selects Bill Payments

  5. Accountholder selects transactions, then clicks “Schedule Payment”

  6. Accountholder receives confirming text message containing payment information and payment verification code.

  7. Accountholder enters payment verification code into form and clicks “Submit” to authorize payment

  8. Bank verifies payment verification code, completes transaction and sends receipt containing purchase details

  9. SECURE ONLINE BANKING SESSION IS COMPLETE!