Industries

Financial Services

Online Banking Services presents highest risk for identity fraud

  • Billions lost in 2010 due to online banking identity fraud
  • Networks have never allowed less expensive online PIN debit for fear of exposing PINs on the Internet; instead, merchants pay highest fees for processing as “card not present” credit card transactions

DynaPass is a patented technology that provides true multi-factor authentication to protect against online identity fraud

  • DynaPass™ -- provides secure Two-Factor, Two-Channel authentication for online banking access and transactions.
  • DynaPay™ -- provides secure Two-Factor, Two-Channel authentication for use of debit cards and prepaid cards on the Internet without PIN exposure.



finance flowchart

Features

  • Patented solution for providing OTPs to virtually all mobile devices using ubiquitous SMS text messaging
  • Only proven solution for Man-in-the-Middle Attacks; Solves looming problem for online banking
  • A leading US bank has taken the initiative to address the FFIEC Guidelines for strong authentication using SMS OTPs for their User Authentication and Payment Transaction Verification
  • Two factor Two channel user authentication
  • Transaction and Payment Verification
  • Alerts, Notifications and Balance Inquiries
  • Introduce mobile device into your retail delivery system
  • Quick and low resource implementation
  • Available now
  • Affordable