SINGAPORE--(BUSINESS WIRE)--Bank of China (Hong Kong) Limited (“BOCHK”) is one of the most renowned banks in Hong Kong and has been recognized as one of the Strongest Banks in the World. To cope with the challenges of Internet safety, BOCHK was searching for reliable security measures with stronger authentication and transaction signing capacity to enhance the security of its Internet banking services. To implement the 2FA Security Platform, BOCHK has implemented i-Sprint’s AccessMatrix™ Universal Authentication Server (UAS) to provide the end-to-end token management process and future proof authentication solution.
i-Sprint’s AccessMatrix™ family of integrated Identity, Credential, and Access Management (ICAM) software products provide strong and versatile authentication and single sign-on and fine grained authorization solutions that have been designed to address ICAM security challenges and meet the regulatory compliance requirements for Internet banking security.
“With the proven track records of the seamlessly integrated 2FA solution from VASCO and i-Sprint, as well as the professional services of Automated throughout the deployment, we are able to consistently provide our customers with highly secure Internet banking services. Our 2FA implementation offers a safe and trusted environment for our customers to perform banking transactions over the Internet with peace of mind,” said Mr. Cheung Wai Ki, Head of Direct Banking (Deputy General Manager) of BOCHK.
“With our proven experience with other financial institutions globally, we were able to assist BOCHK to implement the ‘Bank-Grade’ strong authentication solution in less than three months. We are proud to be a technology partner of BOCHK and assist them in providing the best Internet banking services for their customers,” said Mr. Albert Ching, CEO of i-Sprint.
“This is the first phase of our security enhancement program. With the new 2FA security platform, we are planning to extend the protection to other banking delivery channels such as mobile banking and phone banking. In addition, we will explore new and innovative ways to better serve our customers,” said Mr. Cheung.
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