Nedbank deploys Gemalto’s Plug-and-Play Solution to Secure Online Banking

Gemalto announces that Nedbank Ltd, a leading commercial bank in South Africa, is deploying its Ezio eBanking solution to provide their wholesale customers with online transaction security and convenience. Gemalto also provides Nedbank with consulting services, device fulfilment to the end users, and operates remote management of the tokens on behalf of Nedbank Ltd.

The Ezio Corporate eBanking PKI solution requires no software installation, eliminating costly technical support while guaranteeing high user satisfaction. The user simply connects the USB key to their PC or Mac and the device launches a “safe zone” that permits to securely review, approve and digitally sign all types and amounts of banking transactions within a protected online environment. The upgradable, multi-application platform can be remotely managed, enabling the bank to update certificates and deploy new services without the need for new hardware.

“There has always been high demand from Nedbank to pioneer our eBanking solutions, with each trial resulting in a full-scale deployment,” said Håkan Nordfjell, senior vice president e-Banking and e-Commerce at Gemalto. “By outsourcing its entire token management system, Nedbank benefits from significant cost reduction in terms of initial investment and running expenses compared to an in-house solution.”