DGAP-News: cyan AG / Key word(s): Alliance
cyan AG enters into partnership with AliasLab S.p.A. for joint solutions to meet the increased security standards of Payment Service Directive 2 (PSD2)
As part of the European Payment Service Directive (PSD2), European banks are required to implement authentication mechanisms such as SMS one-time passwords, physical tokens, voice or face recognition in their online banking and payment systems. cyan's risk management module allows AliasLab to select the optimal authentication mechanisms based on the individual threat situation of end users and thus secure the use of online banking in the best possible and efficient way - the higher the threat situation of the end customer, the more complex and extensive the authentication methods. The individual threat situation is determined by cyan from the GPS data, motion profiles and usage behavior.
Peter Arnoth, CEO of cyan: "We are very pleased to be able to cooperate with AliasLab, one of the leading payment security providers, worldwide and to jointly offer a security solution for the upcoming PSD2 directive. The timing could not be better."
The joint solution from cyan and AliasLab enables banks and other financial institutions to easily comply with the requirements of PSD2. Two well-known customers in Italy have already been won over for this joint solution - other banks have expressed their interest and are in some cases nearing completion.
cyan operates its own research and development center and maintains close links to universities, international research institutes, security, financial and social organizations. This close collaboration ensures the early recognition of trends and technical developments for integration into cyan's products.
Further information is available at www.cyansecurity.com
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange|
|End of News||DGAP News Service|
Do you want to learn more about our products or are you interested in a co-operation or partnership with cyan? Please contact us - we are looking forward to answer your questions.