SMART CARD PRODUCTS

Smart card password generators - portable terminals

OS2 BANKING

Increased non-face to face contact at banks means there is a major
need for security:

• Attacks from fraudsters in phishing endanger the on-line bank
• Greater security leads to more transactions on-line
• Improved security is important to protect the image of the bank

O2S (Open, Simple, Secure) BANKING AUTHENTICATION brings to the bank a complete solution to the needs for banking authentication. It provides a means to prove a user’s identity whether using Internet, telephone or mobile banking. It meets the needs of banks by accompanying them in a partnership from the choice of methodology , through deployment to the support for the authentication.

> Open
It is based on a worldwide standard, EMV.
It is based on specifications developed by Mastercard & Visa.
It leaves the choices for implementation to the bank since it is based on open standards.
It leaves the control of the keys and algorithms with the bank.

> Simple
The system is simple to put in place and hence minimizes the cost of introduction .
It does not require end users to learn any new processes or passwords
It can make use of existing investment in cards, infrastructure, processes & security.

> Secure
It increases the level of security against phishing attacks and on-line fraud.
It protects the image of the bank and reduces costs for simple transactions.
It enhances the security and hence encourages users to make more use of the remote banking channels.
It does not require end users to learn any new processes or passwords
It can make use of existing investment in cards, infrastructure, processes & security.

Xi-Sign 1000

SmartToken Token based authentication with one time password

Price: 10.78 USD * less in quantities

Xi-Sign 2000

Pocket-size Card reader Authentication with one time password

Price: 11.27 USD * less in quantities

Xi-Sign 4000

Unconnected Card reader Authentication and Signing of Transactions

Price: 15.63 USD * less in quantities

Xi-Sign 4500

Audible Card reader Authentication for the visually impaired

Price: 385.72 USD * less in quantities

Xi-Sign 6000

Connectable Card reader

Price: 296.70 USD * less in quantities

What does a user do?

Step one Place the smart card in the reader and switch it on.
Step two Choose “Code” ( to generate a one-time password).
Step three PIN? When asked, input the PIN number into the reader.
Step four A set of digits appears which is the one-time password

This can now be used to “unlock” access to the on-line banking site, or used to authenticate the user on the telephone.

Customers have different needs

Banks need authentication for customers of all types: corporate, retail as well as internal employees.
• Professional customers and corporate users of on-line banking have very specific needs.
They require access to many services such as account consultation,bank transfers, multiple account management and cash flow management. Access to these services may need to be authenticated for several different users who may all require separate authentication profiles.

• Personal users of internet banking can also be subdivided:
- occasional users need basic services such as account consultation, printing of account details;
- more regular users require the addition of limited bank transfers and maybe stock dealing;
- the most intensive users may require all services plus international transfers and transfers of much larger sums

In each case, the authentication means needs to take into account the type of transaction, which managed by a one time password, alternatively combined with a challenge /response mode, or a full transaction data signature.
Banks also need systems adaptable for their own internal security needs for use by employees, which have their own requirements related to the types of operations performed in remote locations.

The range of needs means that banks need a complete modular range of supporting devices to provide to users whether corporate, retail or internal employees.
O2S Multi-Devices offers to banks the complete modular range of devices that can all be run with a single EMV based solution known as MasterCard CAP ( Chip Authentication Program) or dynamic passcode authentication from Visa.

> EMV-based standard
The EMV based standard is the core of the O2S multi-devices range. This is the worldwide standard for smart cards . An application called CAP (Chip Authentication Program) from MasterCard, and Dynamic Passcode Authentication from Visa can be used on EMV smartcards to provide authentication. By putting this application onto the bank smart cards it is possible to use the card and a reader to generate a password that can be used once (so-called one time password).

PRICING AND ORDERS

Call: 905-785-0855 ext. 1
Fax: 905-785-2811

E-mail: sales@smartcardsource.com