Encaps technology will be integrated with mTrusts BSP (Basic Services Platform) which offers a range of payment, identity and authentication services to financial institutions and other service providers.
Financial institutions (and other service providers) using mTrusts services supported by Encap will be able to offer consumers authentication environment that works across all platforms - PC, mobile or tablet - and via the Cloud.
Consumers use their personal mobile device and a PIN to provide secure access and digital signing. Benefits for financial institutions include in-app authentication, adoption of mobile services by removing barriers to use and integration with back-office and CRM systems.
The mTrust BSP platform provides a portfolio of a electronic services including TrustIdentity (advanced shared sign-on based on Open ID standards), TrustSign (online and mobile document signing such as account opening), TrustPay (internet and mobile payments) and TrustBox (secure digital document storage).
Encap replaces hardware and one time password authentication solutions such as tokens, card readers, SIMs and SMS with a mobile client linked to a smart device.
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