Vasco digipass how does it work

Banks are increasingly adopting defense mechanisms against fraud schemes, e. VASCO Data Security is a leading provider of strong authentication solutions, helping financial institutions and other organizations worldwide to effectively combat online fraud. The VASCO solutions help organizations to ensure the authenticity of transactions while authenticating the users who initiate them.

The user logs-on to the bank's application using his OTP to authenticate himself. This dynamic password cannot be used more than once and can only be verified by the issuing bank. The verification of the OTP or e-signature confirms the cardholder's identity and grants access to the network from any terminal, on any platform.

Each reader is identical; as a result it does not require personalization prior to customer delivery. Therefore, production and distribution can be managed in a very cost-effective way.

DIGIPASS can also easily be integrated into a 3D-Secure architecture, allowing the cardholder to use it for online payment by entering key transaction data before authorizing payment. The batteries can easily be replaced by the end-user. Since DIGIPASS requires no extra personalization by the network owner it can easily be rolled out in an efficient way to a large end-user customer base. Static passwords are the weakest link in your network security, exposing your sensitive data and applications to online fraudsters.

The growing need for a much stronger virtual proof of identity is evident across all industries whenever confidential data and resources are involved. It carries all functionalities of an a la carte authentication solution and includes all necessary hardware and software for a simple two-factor authentication rollout. This lightweight solution resides on your existing server and involves minimal setup and management.

Low Total Cost of Ownership There is no need for new servers or appliances: you can realize additional cost savings from leveraging your existing infrastructure and reduce administrative and support costs. Its high flexibility allows adding more users and applications as required by growing companies. It verifies authentication requests and centrally administers user authentication policies.

With a simple push on the button, the user generates a dynamic password required for remote login to a network or application. Toggle navigation.