CREALOGIX Launches New Product for Mobile Authentication of Mobile Banking
ZURICH, September 6, 2012/PRNewswire/ --
CREALOGIX, the leading supplier of comprehensive e-banking solutions in Switzerland,
launched its latest product on 4 September at the CLX.CustomerDay 2012. CLX.MobileSecurity
sets new standards for secure authentication on smartphones and paves the way for new
mobile services.
CLX.MobileSecurity is based on the familiar "two-factor authentication" principle.
This method uses a USB token or smartphone as a second channel and is currently being used
with desktop devices.
As mobile devices and applications become more common, there is increasing demand for
the same standard of security which is available on stationary applications.
CLX.MobileSecurity fulfils this very requirement. The multi-platform solution provided by
CREALOGIX enables barrier-free access via the audio interface or NFC functionality (near
field communication) of the mobile device, without losing any of the required security.
The audio token, which is an integral part of CLX.MobileSecurity, is simple, compact
and - above all - mobile. The token is inserted into the audio port of the mobile device
for identification or to confirm a transaction. A small, integrated LCD screen enables the
additional confirmation of the transaction, making it almost impossible to carry out
fraudulent transactions. The audio token can be used with all smartphones, tablets and
even desktops.
The NFC solution involves authentication using a smartcard, which is simply held up to
the smartphone.
The solution was developed in collaboration with experts at the Swiss Federal
Institute of Technology Zurich and in the security industry.
The new CLX.MobileSecurity from CREALOGIX is the efficient and cost-effective solution
to also offer existing two-factor authentication familiar to users for use on mobile
devices and applications.
About CREALOGIX
CREALOGIX E-Banking is a leading supplier for online banking and mobile banking. The
CREALOGIX CLX.E-Banking Software Suite is the most comprehensive and advanced Swiss
e-banking platform for retail and private banks with standard interfaces to common core
bank and processing platforms. CREALOGIX E-Banking AG is a company in the CREALOGIX Group.
The shares of CREALOGIX Holding AG (CLXN) are traded on the SIX Swiss Exchange. In the
2010/2011 financial year, the Group achieved turnover of CHF 52.8 million. It employs
around 250 employees.