Federal Bank goes LIVE

 

Finacle from Infosys, through its strategic partnership with CA Technologies has put in place a vigorous security framework. Built on CA AuthMinder (formerly CA Arcot WebFort)Versatile Authentication Server and PKI soft credential, CA ArcotID), the platform provides two-factor authentication helping organizations provide customers with robust security and a superior user experience at a low cost of ownership.

 

K P Sunny, CIO, Federal Bank said, “Protecting our customer’s interest by investing in secure channels at Federal Bank continues to be our focus. Through our strategic partnership with Finacle we were confident our adoption of CA Technologies two-factor authentication solution would be implemented successfully and on time. Post the deployment of two-factor authentication module, we have built the capability to provide extra security to our customer’s online transactions and enhance our end user’s experience”

 

Venkatramana Gosavi Associate Vice President - South Asia Finacle, Infosys said, “Protecting a customer's identity while he is on any digital banking channel is a primary concern for banks. Identity thefts not only cause financial losses to customers, but also directly impact the bank's reputation and business. With this implementation Finacle e-banking solution ensures seamless security as it delivers robust protection in the form of two-factor authentication. We are excited about the implementation of this solution at Federal Bank where Finacle-supported CA Technologies authentication solutions will provide a secure environment to its users worldwide”.

 

Raj Gopalakrishna, VP, Security & Innovations, CA Technologies said, “Being a leading provider of advanced authentication security solutions, we are proud that Federal Bank is among the adopters of two-factor authentication technology from Finacle eBanking in India. With our advanced authentication solutions, customers will have an optimized user e-banking experience with an increased level of security.”