Defend against Man-in-the-middle and other sophisticated attacks by encrypting transaction details that can only be read and signed by a trusted device.
Advanced Transaction Protection
When dealing in payments, wire transfers, or other high-value online and mobile banking transactions, verifying and signing the transaction is of paramount importance. Social engineering schemes and banking Trojans enable Man-in-the-middle and other sophisticated attacks. This allows hackers to alter the details of a transaction, change the value, and reroute it to an imposter, without the customer noticing.
When initiated by the bank through an encrypted method, a transaction signing request gives customers a secure means to confirm transaction details before authorizing the transaction.
OneSpan’s patented Cronto technology simplifies transaction signing with an easy, intuitive experience. Built on best practices, our review-and-approve experience is the most convenient way to protect high value transactions.
Visual Transaction Signing
OneSpan’s Cronto technology mitigates the threat of banking Trojans and social engineering attacks with easy-to-use transaction signing technology. To authenticate the transaction, the user simply scans a Cronto code with their mobile device to reveal the details of the transaction. The user validates the details and securely authorizes the transaction.
Leverage proven solutions that ensure simple and secure transaction signing
Enhanced User Experience
Offer the easiest experience – simply scan the Cronto code to reveal and authorize transaction details
Initiate and control the transaction signing process by delivering secure, out-of-band validation
Mitigate social engineering attacks and enable your users to conduct transactions confidently
Mitigate Human Risk
Empower the bank to control and initiate the transaction signing request
Transaction signing technology that is PSD2 compliant for strong authentication
Customer Use Case
Learn how Raiffeisen Italy implemented mobile authentication & mobile app shielding for PSD2 compliance and ease of use.