KOBIL mIDentity secures e-Banking of the BBVA (Suiza) SA

The subsidiary of the Spanish bank BBVA relies on IT-Specialist KOBIL

Worms / Zürich - January 2011: KOBIL Systems is a market leading trendsetter and manufacturer of mobile and highly secure IT-solutions in the field of data security and digital identity. The German company developed the well known and worldwide used KOBIL mIDentity that is deployed by renowned banks and businesses. BBVA (Suiza) SA is yet another Bank in Switzerland that decided to implement KOBIL’s mobile security solutions. The mIDentity 4smart banking - the smallest bank branch in the world – as highly secure solution in pocket size will be available for free for every BBVA (Suiza) SA eBanking customer by January 2011.

BBVA (Suiza) SA wishes to implement a highly secure, modern and mobile solution for every e-Banking customer. During the last years KOBIL was able to provide confidence among large Swiss banks by providing quality and performance and setting a new standard in e-Banking with the mIDentity.

Also BBVA (Suiza) SA has found with KOBIL the matching manufacturer that meets the high expectations of the bank and offers highly secure client-authentication completely mobile and without any installation.

This solution replaces the current OTP-Technology. Due to the fully developed processes and the easy implementation in every IT-infrastructure it was possible to realize the whole project within only one quarter from the signing of the contract to the going live. The mIDentity will be available for free for all e-Banking clients by January 2011.

“The perfect cooperation between KOBIL and BBVA (Suiza) SA made it possible to conclude this challenging project successfully within only one quarter. We value the cooperation with BBVA (Suiza) SA very much as we have gained another internationally operating bank for the mIDentity technology as this technology fulfills the high security and operating requirements completely”, comments Claudio Retica, country manager Swiss from KOBIL.

The mIDentity protects the bank and the clients against criminal attacks and infected PCs while using a hardened browser which is preconfigured exclusively for the online banking with BBVA (Suiza) SA. The bank customer information is thus completely prevented from Phishing and other criminal attacks. In case of losing the mIDentity the finder won’t be able to use the device as he does not know the respective PIN.

mIDentity ensures the user of a zero adherence access to its bank account from every PC worldwide and of being protected against any use, tapping or spying by a third party.

KOBIL Systems is a market leader and trendsetter in the production of mobile high security IT solutions in the area of digital identities. KOBIL stands for secure data, secure communication and secure authentication on every computer worldwide. Founded in 1986, the 120-strong KOBIL Group based in Worms, Germany, is the only manufacturer worldwide with a fully developed product line. As a pioneer in the area of cryptography, smart card technology and PKI (digital certificates), KOBIL’s products have become today’s recognized standard for digital identities and highly secure data technology. The development of the products is done in Germany with 40 percent of the staff involved in the development at the KOBIL headquarters alone. KOBIL applications comply with international standards such as EMV-CAP, ISO 7816, ISO 9001 and the German Act for Digital Signature. KOBIL products also support common technology standards making it very simple to integrate them into existing IT infrastructures. IT security solutions by KOBIL are mobile, flexible and user friendly, and are used in a variety of different industries. Businesses, banks and institutions such as Deutsche Telekom, Swisscom, RWE, T-Systems, DATEV, Commerzbank, Postbank, Migros Bank, Valiant Bank, Hypothekarbank Lenzburg, Rothschild Bank, Raiffeisenbank International, UBS Bank, RZB, Société Générale, YapiKredi Bank, Akbank and Isbank as well as the German parliament and the German Federal Office for Information Security (BSI) rely on technologies by KOBIL.

Source: KOBIL Systems GmbH