Latvian Bank Citadele Secures Mobile and Online Banking with VASCO’s DIGIPASS for Apps and CRONTO
October 2017 by Marc Jacob
VASCO Data Security International, Inc. announced that Citadele Bank Latvia has integrated the DIGIPASS® for Apps library into its mobile app and CRONTO® visual transaction signing into its online banking platform to help protect its customers from transaction fraud.
Citadele Bank is the third biggest bank in Latvia by number of clients and a full-service financial group for individuals, retail banking and small business customers across the Baltic States. The bank has integrated the DIGIPASS for Apps API library within its mobile application to leverage fraud mitigation features including rootkit detection. The bank has also integrated VASCO’s CRONTO, a patented visual transaction signing solution, into its MobileSCAN application.
CRONTO helps the bank protect against Trojan and man-in-the-middle attacks during customer transactions using a visual challenge contained in a graphical cryptogram made of colored dots displayed on the customer’s PC. The customer takes a picture of this cryptogram with either their mobile phone or a hardware device, which then instantly decodes, decrypts and displays transaction details for user verification. Using both DIGIPASS for Apps and CRONTO, Citadele is able to help its customers connect to their accounts either online or via a mobile device conveniently and securely.