Eager to hammer home the message that they’re not just a token company, Vasco Data Security is whispering about an upcoming announcement that the company’s authentication technology will soon be embedded in a major player’s mobile banking application—think Firethorn, mFoundry, or maybe New Zealand’s M-Com.
“What Vasco is doing that’s particularly different from the rest of the folks in that hype cycle is embedding our technology within the mobile banking application,” says Adam Dolby, director of strategic alliances at Vasco. “Think of the traditional token model, we can pull the guts out, take the brains and give that to a provider. So we give you this API, and the ability to generate one-time passwords or e signatures, and you integrate this into your client app.”
Dolby envision application makers shipping this pre-integrated application that’s ready to be programmed and turned on if or when an institution decides to implement this form of security. The announcement is expected in the September/October timeframe.