provides omni-channel interaction between the bank and its clients - through the portal. (internet banking), mobile devi
Today New Frontier Group and BehavioSec, the leading provider of behavioral authentication solutions, announced their strategic partnership. NFG and Behaviosec will work together on the implementation of BehavioSec’s Behavioral Authentication into New Frontier Group’s Online Banking solution (iBanking) and the reselling of Behaviosec in the territory of NFG. New Frontier Group, a leader in digital transformation in CEE will use BehavioSec’s multi layered approach for authentication and verification purposes to enhance the security of their iBanking solution, without the customer even noticing it. In this smooth process, no additional hardware is needed. By monitoring behavior like keystroke dynamics or smart phone input such as gestures, touch pressure, swipe angle, etc. BehavioSec’s solution maps a profile behavior ‘fingerprint’ against historical records to verify the user or identify an attacker. BehavioSec’s software significantly speeds up fraud detection and investigation by recognizing whether the users really are who they claim to be. “With BehavioSec we can give our customers the needed security in a cost-effective but secure manner without compromising on the user experience.” says Gregor Bierent, Director at New Frontier Group.
About BehavioSec
BehavioSec is the leading provider of behaviometric authentication solutions without requiring additional special hardware. BehavioSec was selected as “Cool Vendors in Security: Identity and Access Management, 2012“ with its patented Continuous Authentication & Verification technology. The company focuses on innovation in behavioral biometrics, commercializes research from Luleå University of Technology, and counts DARPA and leading International
financial institutions among its clients. BehavioSec’s technology is already used by major banks throughout Europe.
About New Frontier Group
New Frontier Group is a leading IT services provider in Central and Eastern Europe and operates worldwide with direct subsidiaries in 17 countries. The company’s wide portfolio ranges from consulting services, integration of comprehensive IT solutions, to own IP products and services. In 2013, Gartner named New Frontier Group one of Top 10 Companies in IT Services in Central and Eastern Europe. With its set of solutions comprised under the brand “The Missing Link”, New Frontier Group is at the forefront of digital transformation. The company achieved revenues of 208MEUR in 2013 and is headquartered in Vienna. New Frontier Group’s Omni-Channel banking solution (iBanking) is a product suite that provides omni-channel interaction between the bank and its clients - through the portal (internet banking), mobile devices (mBanking), Call Center (On Behalf), feature phones (sms, USSD) and even web/browser-enabled ATMs. With a single, centralized administration for any of the communication media, the bank is able to provide customized, tailored user interface to each customer group across any channel, taking the customer segmentation to a completely new level. Advanced features, such as Personal Finance, Notification Engine, Context Engine, Business Rule Engine are part of the iBanking product suite. For more information, visit New Frontier Group on: www.newfrontier.eu and find out more on digital transformation on: http://missinglink.newfrontier.eu/
