Transaction Authentication Solution
A major international bank which offers online banking services.
The customers of the bank had access to the bank’s portal to authorize payments and carry on financial transactions. It was a safe and secure method of authorization; but it was confined the transactions to desktops and laptops, as the portal was not supported on other devices.
The bank wanted to enable banking on-the-move. They wanted to develop a mobile app to facilitate authorization via smart phones and tablets.
How We Helped
GTL was asked to develop and make the transaction authentication application live in a short period. It had to be made available through different app stores – for multiple mobile operating systems. It had to support a wide variety of devices and older versions of popular operating systems too. Security was a critical factor. The app had to work only on authentic devices and provide 100% transaction safety.
GTL conceptualised, designed and delivered the complete solution in four months, with support for iOS, Android and BlackBerry devices. The application incorporates bank-level security with two-factor authentication. It offers a secure channel between the client and the server, meeting SSL, PSL and AES norms for data and channel encryption.
It underwent two rigorous rounds of testing – internally for quality assurance and business acceptance, and externally by a recognised agency, for penetration and security, receiving a fool-proof tag.
The application helped the bank to increase the overall efficiency, as transactions were made possible through a variety of devices, Enabled location-independent but secure banking and provide faster, reliable services to customers