OAKBROOK TERRACE, Illinois and ZURICH, Switzerland – September 16, 2010 – VASCO Data Security International, Inc. (Nasdaq: VDSI; www.vasco.com), a leading software security company specializing in strong authentication products, launches DIGIPASS 831, a new edition of its most popular smart card reader now with replaceable batteries, a larger display (25% bigger) and an improved user-interface. With DIGIPASS 831, VASCO meets the need of banks who want to comply with new ecological policies and regulations to reduce their ecological footprint. DIGIPASS 831 will be available as from the first quarter of 2011.
DIGIPASS 831 combines smart card reader functions, such as one-time password (OTP) and electronic signature with EMV-CAP and Advanced Authentication for Chip compliance. DIGIPASS 831 has a new and user-friendly design. DIGIPASS 831 allows the use of large and alphanumeric character sets which use the full size of the screen to display the OTP or e-signature. This magnifying feature contributes to enhanced user-friendliness, which is helpful for elderly people, since electronic banking is extremely popular with them. The batteries can also easily be replaced by the end-user. Furthermore, DIGIPASS 831 can easily be integrated into a 3D-Secure architecture, allowing end-users to use their bank card for online payment while shopping online in a secure way.
For banks, DIGIPASS 831 offers a convenient solution to transition their retail channels to strong authentication, since they are able to leverage their existing investments in the EMV infrastructure. The replaceable batteries help them reduce ecological footprint. Furthermore, DIGIPASS 831 is platform-independent which facilitates the roll-out to vast numbers of end-users. The DIGIPASS 831 becomes only personalized when the bank card is inserted and when the end-user enters his PIN.
DIGIPASS 831 is fully interoperable with all members of the DIGIPASS family; it works seamlessly together with VASCO’s VACMAN core authentication technology and IDENTIKEY. DIGIPASS 831 can also be delivered with a sealed battery location.
“Hacking techniques become more and more sophisticated. Banks are increasingly moving to e-signature to protect online transactions. Furthermore they are also concerned about usability and increasingly about their ecological footprint. DIGIPASS 831 responds to all these concerns”, says Jan Valcke, President and COO at VASCO Data Security.
VASCO is a leading supplier of strong authentication and e-signature solutions and services specializing in Internet security applications and transactions. VASCO has positioned itself as global software company for Internet security serving a customer base of approximately 10,000 companies in more than 100 countries, including approximately 1,500 international financial institutions. VASCO’s prime markets are the financial sector, enterprise security, e-commerce and e-government.
Forward Looking Statements:
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as “believe,” “anticipate,” “plan,” “expect,” “intend,” “mean,” “potential” and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.
Reference is made to VASCO's public filings with the U.S. Securities and Exchange Commission for further information regarding VASCO and its operations.
This document may contain trademarks of VASCO Data Security International, Inc. and its subsidiaries, including VASCO, the VASCO “V” design, DIGIPASS, VACMAN, aXsGUARD and IDENTIKEY.
For more information contact:
Jochem Binst, +32 2 609 97 00, [email protected]