Nedbank incorporates Gemalto security solutions

security

South African commercial bank Nedbank is deploying Gemalto’s Ezio eBanking solution to provide its corporate customers a secure online banking platform.

Gemalto will also be providing Nedbank with consulting services, device fulfilment to the end users, and will operate remote management of the tokens on behalf of Nedbank Ltd.

The Ezio Corporate eBanking PKI solution requires no software installation. With this fully outsourced solution, Nedbank users simply connect a USB key, which launches a “safe zone” that permits to securely review, approve and digitally sign all types of transactions in a protected online environment.

The upgradable, multi-application platform can be remotely managed, enabling the bank to update certificates and deploy new services without the need for new hardware.

 “There has always been high demand from Nedbank to pioneer our eBanking solutions, with each trial resulting in a full-scale deployment,” said Håkan Nordfjell, Senior Vice President e-Banking and e-Commerce at Gemalto. “By outsourcing its entire token management system, Nedbank benefits from significant cost reduction in terms of initial investment and running expenses compared to an in-house solution.”

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