Banco do Estado do Rio Grande do Sul (Banrisul) has deployed Gemalto’s Ezio Multi-Channel Authentication Solution to secure its expanding mBanking services.
Banrisul has 3.9 million customers.
Gemalto Ezio Authentication Server provides back-end authentication to secure Banrisul’s online and mobile banking operations. The Ezio Mobile Token Application provides highly secure software that transforms mobile phones and tablets into strong authentication devices. The Mobile Token app implements leading security standards and is now integrated into the Banrisul mBanking solution. It generates One-Time Passwords (OTP) and transaction signatures, enabling seamless authentication of users across all banking channels using their own mobile device.
According to the Brazilian Banking Federation, mobile banking experienced exponential growth of 184% in 2013 boosted by the wide use of smartphones in all social classes. The number of Internet and mobile banking transactions has already surpassed those facilitated in bank branches, ATMs and contact centers combined.
Gemalto has more than annual revenues of €2.4 billion and more than 12,000 employees operating out of 85 offices and 25 research and software development centers, located in 44 countries.
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