ABN AMRO subsidiary selects MACH for secure mTAN delivery


MACH, a provider of hub-based mobile communication solutions, announced
that MoneYou, a subsidiary of ABN AMRO, has selected its A2P messaging platform
to offer second factor authentication via mobile (mTAN) for its online banking
customers in Germany.

Through MACH’s service, MoneYou will be able to send codes to its
clients’ mobile phones to verify their identity, a common method for adding an
additional layer of security to banking transactions in Germany. By providing a
single point of connection to all the operators in Germany, MACH instantly
delivers MoneYou with the coverage it needs to service its entire customer

Any authentication service in the financial world must be as secure as
possible and utterly reliable. We were clear that we required a messaging
service that would meet our criteria as well as provide a high quality of
customer support. MACH came highly recommended to us and we believe they will
deliver just the service we require, helping us to further protect our clients’
accounts while providing them with an online banking service built around the
flexibility of today’s consumer demands,” said Liesbeth Rigter, business
manager, MoneYou Deutschland.

Financial organizations such as MoneYou are looking to authenticate user
identity through the use of mTANs in order to reduce card fraud. By selecting
MACH for this service, MoneYou can leverage its secure and carrier-grade mobile
messaging platform to deliver mTANs to MoneYou’s customers.

Our messaging platform is ideally suited to the financial sector. By
providing real-time delivery receipts, controlling the end-to-end delivery of
each message and utilising carrier grade infrastructure, we provide customers
such as MoneYou with the security and reliability they need to transact sensitive
data. Our stringent multi nine SLAs and service ensure that we will continue to
meet the expectations of MoneYou and provide them with a truly world class
messaging solution,” said Frank Stöcker, general manager, Messaging, MACH.

MACH  simplifies the world of
mobile messaging by providing numerous SS7 and direct IP connections covering
more than 750 operators in over 200 countries around the world all through a
single point of connection.

By Telecomlead.com Team
[email protected]