ebpSource is pleased to announce an agreement with mobile authentication specialists, Encap Security, to market its Smarter Authentication solutions globally. The agreement means ebpSource will offer Encap’s products to new and existing clients in the banking, telecoms, payment processor and service bureau sectors. Smarter Authentication™ is a new approach to online and mobile banking and payment authentication that uses software-based, banking-grade technology to deliver an exceptional customer experience without compromising security. Encap Security’s Smarter Authentication™ is a superior solution to existing hardware and software-based authentication offerings that are both costly and cumbersome for service providers. Smarter Authentication™ allows organisations to deliver innovative services that have been proven to not only reduce risk but also boost online and mobile adoption and transaction rates. Once a user’s device is paired, the user will be asked to identify themselves using a PIN. The device becomes “something you have” and the PIN is “something you know” allowing multi-factor authentication to be delivered with a one-factor user experience. For non-smart mobile devices there is also an SMS alternative. Through the partnership with ebpSource, the Encap-enabled app will be integrated server-side to enterprise systems, online services, identity management, transaction databases and payment processes.