HSBC Bank Paraguay secures both its retail and corporate customers with DIGIPASS(R) technology and VACMAN(R) Controller authentication software from VASCO Data Security International Inc.
HSBC Bank Paraguay is the first bank in Paraguay to offer both its retail and corporate online customers a two-factor authentication tool and is the only bank in Paraguay to roll out DIGIPASS 2-factor authentication devices for retail customers.
DIGIPASS allows HSBC’s customers to securely log on to the bank’s e-banking application HSBC PC Banking to consult their account information make money transfers and manage their banking accounts from the comfort of their own home or office 24/7.
To protect their customers’ accounts from unauthorized access, HSBC wanted to implement security standard applications. Another important factor for a successful roll out was a high user acceptance. HSBC Paraguay turned to VASCO to implement a secure, straightforward and user-friendly authentication tool.
“We want to congratulate HSBC for their security awareness and with their visionary approach to be the first bank in Paraguay to roll out 2-factor authentication to its retail customers,” says Jan Valcke, president and COO, VASCO.
“Combatting Internet fraud is an ongoing battle and HSBC Paraguay has proved that it can secure its end-users in a convenient and cost-effective way without having to compromise on security.”
L.D.