Company News: Page (1) of 1 - 03/08/13

EnterCard launches the re:membercard mobile money application in Scandinavia with Encap

(March 08, 2013)

DMN Newswire--2013-3-8--Oslo, Norway, 8th March 2013 ? Nordic credit card issuer EnterCard has today announced it has integrated Encap?s two-factor authentication technology into its new re:membercard mobile application. Encap?s authentication technology will ensure EnterCard?s customers enjoy simple, seamless and secure access to their financial services on the move. The service was developed in partnership with ID specialist Signicat.

EnterCard, a joint venture between Barclays Bank and Swedbank, is behind the popular re:member credit card and runs card programmes for the likes of British Airways, Swedbank and SpareBank1. EnterCard is one of the most innovative card issuers in Europe, with more than two million customers.

By integrating Encap into its re:membercard app, available on both Android and iOS, EnterCard will provide secure two-factor user authentication. Customers will be able to access their services using the app on their smartphone without the need for hardware tokens, SMS passwords, or other one-time passwords. This will provide EnterCard?s customers with an intuitive, convenient experience, and secure authentication without leaving the app.

?We need cross-border support since we operate in four Nordic countries, and we didn?t want our customers to be tied to a single mobile operator through a SIM-based solution. Encap provided us with the tools and competence that supports our digital ambitions. Together with Encap and Signicat, we will be able to offer our customers a range of easy-to-access financial services on the move,? said Freddy Syversen, CEO of EnterCard.

?The Nordic countries are leading the world in terms of smartphone penetration and EnterCard is meeting the needs of these smartphone users by providing access to their financial services using mobile,? said Thomas Bostrøm Jørgensen, CEO, Encap. ?We?re delighted to be working with a pioneering company that is showing the market that it is possible to meet stringent security requirements without compromising the consumer experience.?

By using Encap, EnterCard can scale its use of authentication easily with no extra capital expenditure and no hardware costs. With smartphone penetration in some Nordic countries already as high as 50% and rising, re:member customers will be able to use smart devices to access their information and perform e-commerce transactions wherever they are.

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