Under the terms of the deal, Gemalto is set to provide InterSwitch with its Ezio Strong Authentication Server, allowing the Nigerian provider of secure electronic payments to deploy an authentication solution for e-banking and e-commerce.
Ezio allows the 25 InterSwitch member banks to enhance security for e-commerce by replacing static passwords with strong authentication. Users can thus pay their bills and taxes or buy airline tickets by authenticating themselves with a one-time-password (OTP) generated by the unconnected tokens in Gemalto’s Ezio suite. The tokens also allow consumers to access online banking services such as online fund transfers.
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