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Digital Identity, Security & Online Fraud

Encap Security's platform selected by Norway's BankID

Friday 24 June 2016 | 12:11 PM CET

Encap Security’ Smart Authentication platform has been selected by Norway’s BankID for a pilot programme beginning in June 2016 to test in-app authentication.

The pilot aims to take advantage of Norway’s high level of smartphone penetration by creating a BankID that is mobile first and delivers a frictionless user experience to end-users.

Originally developed to simplify online banking access, BankID is now used by 80% of all adults in Norway to prove their identity to various organisations across Norway, including all government departments, and all of the country’s banks and mobile operators. For example, 100% of Norwegian banks accept BankID, more than 50% of people now use BankID to access and file their taxes, and 85% of students in Trondheim sign their tenancy agreement not with a pen but with BankID.

Smarter Authentication is a device-based multi-factor authentication platform that removes the need for key fobs by securely enabling authentication to take place inside an app.

Encap Security provides uncompromising authentication for financial institutions. It uses smart device capabilities to transform authentication from an obstacle into an enabler of financial services innovation.

More: Link
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