Banque Populaire Selects VASCO to Secure Customer Transactions
France's fourth largest banking network to use DIGIPASS 875 to protect in-branch transactions for banking customers
Jun 16, 2015, 08:00 ET
OAKBROOK TERRACE, Ill. and PARIS, June 16, 2015 /PRNewswire/ -- VASCO Data Security International, Inc. (NASDAQ: VDSI), a global leader in authentication, digital signatures, and identity management, announced today that Informatique Banque Populaire (i-BP) will use VASCO card readers with Bluetooth Smart-enabled connectivity to enhance security and the customer experience for in-branch transactions.
DIGIPASS 875 is a Bluetooth® Smart-enabled card reader that enhances protection for any mobile transaction, including mobile banking, while delivering a transparent experience for users via instant Bluetooth connectivity from almost any device. i-BP, the banking engineering subsidiary of Banque Populaire, has implemented VASCO's two-factor authentication solution with DIGIPASS 875. The technology is compatible with different environments and can be used through Bluetooth as well as via USB cable.
Banque Populaire (part of BPCE Group, the second largest banking group in France) engaged in a strategy of document dematerialization and "zero paper" in its agencies. The company is particularly attentive to the client experience with a focus on convenience, innovation and security. Banque Populaire's clients have benefited from digitalized processes for a large part of their daily operations and for interactions with bank counselors.
When a Banque Populaire client meets a counselor, they insert their bank card into a DIGIPASS 875 card reader connected to the bank counselor's tablet and verify their identity by providing their PIN on the tablet. When needed, the client can conduct an electronic signature very easily.
"We want to offer a new experience to our customers, easy and innovative, by enhancing the availability of our in-branch counselors," stated Bertrand Le Vavasseur, Director Project Management Channel at i-BP. "In order to protect the existing workflow, the authentication solution acts as the secure interface between the client's card and the counselor's tablet."
"We are very pleased that Banque Populaire is extending their trust in VASCO by selecting our Bluetooth solution for their branches in France," stated Jan Valcke, President and COO of VASCO Data Security. "This project demonstrates again our ability to deliver innovative solutions that satisfy the evolving security and business needs of our banking clients in the digital age."
More information and a demo video can be found here.
Informatique Banque Populaire is responsible for the development and outsourcing of the Equinoxe IT system used by 15 regional agencies of Banque Populaire, 3 agencies of Credit Maritimes Mutuels, Banque de Savoie, and Banque Chaix – representing a total of more than 2,800 banking agencies, 30,000 users, 36,000 workstations, and 7 million clients. i-BP relies on proven business processes, from the development (CMMI) to outsourcing (ITIL). Its objective consists in building a system adapted to the future needs of the banking products and services' distribution.
VASCO is a world leader in providing two-factor authentication and digital signature solutions to financial institutions. More than half of the top 100 global banks rely on VASCO solutions to enhance security, protect mobile applications and meet regulatory requirements. VASCO also secures access to data and applications in the cloud, and provides tools for application developers to easily integrate security functions into their web-based and mobile applications. VASCO enables more than 10,000 customers in 100 countries to secure access, manage identities, verify transactions, and protect assets across financial, enterprise, E-commerce, government and healthcare markets. Learn more about VASCO at www.vasco.com and on Twitter, LinkedIn and Facebook.
For more information:
+1-847-370-1486 (US) or +32 2 609 97 00 (ROW)
SOURCE VASCO Data Security International, Inc.
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