PowerAuth®
Bulletproof Authentication for Financial Apps
Make access to your mobile or Internet banking secure with our certified, PSD2 compliant solution for passwordless strong customer authentication.
Secure Access to Digital Banking
Why PowerAuth®?
Here are three reasons why leading banks worldwide choose our solution.
1.
Solves Regulatory Compliance
The most cost-effective solution for PSD2 compliant strong customer authentication (SCA) that supports multi-factor signatures with dynamic linking.
2.
Improves User Experience
Support biometric authentication with Face ID or Touch ID to make access to digital channels frictionless with convenient passwordless authentication.
3.
Easy To Deploy, Fast Time To Market
We stand out with easy-to-deploy and transparent solutions. The typical deployment timeline for our projects is weeks rather than months, be it in the cloud or on-premise.
Ensure Your App Complies With PSD2 Legislation
Revised Payment Services Directive (PSD2) is a EU legislation that homogenizes requirements on digital banking security and mandates banks and payment service providers to aim for a more trustworthy payment environment.
The regulatory technical standards (PSD2/RTS) require that mobile apps by payment service providers (PSPs) implement particular authentication and authorization procedure during the user login and payment approval. This process is called Strong Customer Authentication (SCA).
The Strong Customer Authentication (SCA) must result in an authentication code that has the following main features:
- It is based on at least two independent authentication elements (2FA) selected from possession, knowledge or inherence (biometrics) categories.
- It is one-time only and it does not reveal information about neither authentication elements nor future authentication codes.
- In the case of payments, it must be dynamically linked with payment data, amount and payee account the least.
Cryptography used in PowerAuth® was specifically designed to meet the requirements on Strong Customer Authentication (SCA) under the PSD2 legislation. It is trusted by leading banks world-wide and it was repeatedly audited by independent third-parties.
Solution Highlights
Raiffeisenbank Releases RB Key, a Mobile Token App That Makes Login and Payments Fast and Secure
RB Key app by Wultra replaces the legacy SMS authorization with biometry or PIN code authorization in a native mobile app.
mojeID Digital Identification Has Launched Throughout the EU
mojeID has recently been certified for EU-wide use, which means that it’s now possible for users to access e-government services throughout Europe.
IBIS InGold Boosts User Experience, Security, and Compliance With Mobile Authenticator
Wultra helps IBIS InGold authenticate its customers with the PSD2 compliant mobile authenticator app.
Contact Us
Are you interested in this product? Fill in a contact form or send us an email and our sales team will arrange an introductory presentation with you.
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