Cronto Visual Transaction Signing

The online banking environment is hostile, as sophisticated threats and fraud schemes continue to target online banking transactions. And as risk continues to rise, users increasingly demand easier and more convenient ways to access their banking applications. OneSpan Cronto® solutions are designed to elevate trust in online banking transactions, combating sophisticated threats while at the same time, delivering a frictionless experience for users.

CrontoSign-760-780

Product Details

Cronto is an innovative patented visual transaction signing solution that enables banks and other financial institutions to effectively counter increasingly sophisticated "Trojan" and "Man in the Browser" attacks. Cronto delivers the most optimal combination of usability, security and cost of ownership by allowing users to verify and sign transactions anytime, anywhere.

What Is Cronto Technology?

Cronto utilizes a unique visual challenge contained in a graphical cryptogram consisting of a matrix of colored dots displayed on the customer's PC screen. The customer uses the camera in his mobile phone or a dedicated hardware device to capture this cryptogram by photographing the screen, instantly decoding, decrypting and displaying transaction details for user verification. If the image has not been tampered with, the customer is then presented with critical transaction information, like payment details, decoded securely from the visual cryptogram image.

Business Benefits

  • Combat online and mobile banking threats:
    Strengthens protection against Phishing attacks, as well as banking Trojans like Man in the Middle (MitM) and Man in the Browser (MitB).
  • Secure high value transactions:
    Can be used as an additional layer of protection, delivering secure, out-of-band (OOB) validation for pending transactions (push notifications).
  • Mitigate fraud:
    Can strengthen fraud detection and prevention for high-risk online and mobile transactions.
  • Improve user experience:
    Brings both safety and simplicity to your online and mobile banking users.

 

How does it work

Log in with Push Notification on mobile

Out of Band Transaction Signing with Push Notification

Scan & Sign Transactions – Hardware with PIN (DIGIPASS 780)

Out of Band Transaction Signing

The right security at the right time

Detect and prevent more fraud with intelligent Adaptive Authentication. Dynamically apply the precise level of authentication for each unique transaction in real time, while creating a frictionless experience for your customers.