Finshape Strengthens Partnership with Wultra, a Leader in Digital Banking Security

June 15, 2020
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Finshape and Wultra strengthen its technology partnership to accelerate the synergies and further business expansion. Wultra’s innovative security components are a great asset for Finshape's products, with Mobile Token now being fully integrated into Digital Bank OS and easily available to all clients with Finshape's banking platform.

Thanks to the innovation delivered by Wultra, we have extended our Digital Bank OS platform with a comprehensive security solution for internet and mobile banking — from secure login to operations approval. Wultra’s solution is unique by its opensource authentication component, including the cryptographic part.

— Karel Beran — Finshape's Director of Products and Innovation.

Based on the latest successful project initiated by Raiffeisenbank, a.s., Finshape and Wultra decided to expand its cooperation. The project for Raiffeisenbank resulted in a new standalone RB Key mobile app, an innovative solution for strong authentication and transactions signing, using biometrics or a PIN code, meeting the highest requirements of Strong customer authentication (SCA) under PSD2.

Additionally, Finshape also decided to integrate Wultra’s Mobile Token as a new component of its Digital Bank OS platform; this effort provides a long-term value. Wultra also guarantees continuous development and updates with every new release or other extensions of the app. Additionally, the Mobile Token can be supplemented with stronger security methods.

Finshape is a great partner for us because our technologies for the financial sector perfectly complement each other. Also, we greatly appreciate their detailed knowledge of banking technology, as well as the breadth of their portfolio aimed at their banking clients.

— Petr Dvořák — CEO of Wultra.

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