We’re excited to announce the opening of Wultra’s new office in Singapore — our first location in Asia. This step strengthens our support for banks and fintech companies, especially across Southeast Asia as they prepare for the post-quantum era and the next generation of secure digital authentication.
Quantum computing is set to revolutionize technology, but it also presents a significant security risk for financial institutions. Czech cybersecurity startup Wultra has raised €3 million from Tensor Ventures, Elevator Ventures, and J&T Ventures to accelerate the development of its post-quantum authentication technology, safeguarding banks and fintech against the coming wave of quantum threats.
In a landmark moment for cyber-security, the U.S. National Institute of Standards and Technology (NIST) officially announced the finalization of its first set of post-quantum cryptography (PQC) standards in August 2024.
By recognizing the strengths of hard and soft tokens for different customer segments, you can deploy future-proof authentication solutions that stay ahead of fraudsters and ensure the safety of your customers.
Mobile banking stands out as a great example of how digital advancements can simplify our lives. I've seen firsthand the remarkable impact that mobile solutions have on financial management, yet the journey towards striking a perfect balance between user convenience, security, and regulatory compliance remains a challenge for many banks and fintech companies.
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Mobile tokens, also called mobile authenticators, software tokens, or soft tokens, are mobile apps for iOS and Android that supplement two-factor authentication (2FA) for various online applications, both on the web and in mobile apps.
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We equip banks and fintech companies with a seamless, quantum-resistant digital identity solutions.
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