TwoSecure™ for banking and online transactions

What is TwoSecure™?

TwoSecure™ is a mobile two factor authentication (2FA) solution that generates one time passwords (OTPs) by using an installed and downloaded application that runs on a mobile device. TwoSecure™ is particularly well suited to banks and online businesses seeking a cost-effective 2FA product for roll-out to large groups of customers, as distribution and ongoing support costs are significantly lower than comparable hardware-based products.

Tiers of security

In order to complete the authentication process a user must not only know their user id and password, they must also be in possession of the mobile phone registered against their profile. TwoSecure™ is easy to use, and can be configured to support incremental levels of security.

• Generate OTP
• Generate OTP with PIN protection
• Generate OTP with PIN protection, and transaction signing which ties the OTP to a specific transaction thereby preventing man in the middle attacks.

Banks can configure their TwoSecure™ implementation for initiation when customers log-in, or when a business rule is triggered - e.g. payments over a certain value.  

TwoSecure™ consists of two editions: the Bank edition, which provides additional identity verification for online banking log-in and transactions; and the Enterprise edition which enables organisations to provide remote working staff with secure access to networks and business systems such as email.