Economic Reporter :
Citi announced on Thursday the launch of MobilePASS, a new digital solution that eliminates the need for corporate users to carry physical tokens for logins, according to a statement of the US-based bank.
MobilePASS is an app-based soft token that enables users to leverage their own smartphones to generate dynamic passcodes without any network connectivity to log into Citi’s award-winning range of institutional e-banking platforms, including CitiDirect BE, CitiDirect BE Mobile and CitiDirect BE Tablet.
Traditionally, corporate users were required to carry a physical hardware token to generate login passcodes, which act as secure authentication to access their accounts and transactions on CitiDirect BE.
A separate physical token is no longer necessary with MobilePASS, which is available on all smartphones. MobilePASS combines faster logins and strong security to provide a more convenient omni-channel institutional banking experience.
Citi was the first global bank to launch a soft token smartphone solution to its multinational corporate clients across 80+ countries globally. In Asia, MobilePASS is now available in Bangladesh, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand and Vietnam.
Citi announced on Thursday the launch of MobilePASS, a new digital solution that eliminates the need for corporate users to carry physical tokens for logins, according to a statement of the US-based bank.
MobilePASS is an app-based soft token that enables users to leverage their own smartphones to generate dynamic passcodes without any network connectivity to log into Citi’s award-winning range of institutional e-banking platforms, including CitiDirect BE, CitiDirect BE Mobile and CitiDirect BE Tablet.
Traditionally, corporate users were required to carry a physical hardware token to generate login passcodes, which act as secure authentication to access their accounts and transactions on CitiDirect BE.
A separate physical token is no longer necessary with MobilePASS, which is available on all smartphones. MobilePASS combines faster logins and strong security to provide a more convenient omni-channel institutional banking experience.
Citi was the first global bank to launch a soft token smartphone solution to its multinational corporate clients across 80+ countries globally. In Asia, MobilePASS is now available in Bangladesh, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand and Vietnam.
