Comedica El Salvador
Next-Level mobile and online banking protection: SoftToken Inside
What we did
Platforms & technologies
our partner
Comedica El Salvador
A Salvadoran financial institution founded in 1966 with the objective of providing accessible financial services to health professionals. Throughout its history, it has expanded its product offering to include savings accounts, personal and business loans, and investment services. Comédica stands out for its focus on improving the financial well-being of its members by providing access to personalised financial solutions. In addition, it has maintained a strong reputation for its soundness and commitment to the economic development of its members.
THE CHALLENGE
Enhance financial system security with two-factor authentication using SoftToken-based One-Time Passwords (OTP), providing users with stronger protection and greater peace of mind
THE solution
Implementing an innovate solution using Soft Token
System utilizes state-of-the-art cryptographic algorithms to generate unique, time-bound verification codes, enhancing the security of user data
To enhance the security of our online banking platform, we developed a two-factor authentication system powered by a Soft Token.
- Secure Code Generation
Generates unique, time-sensitive verification codes for each login attempt by safeguarding sensitive user information from unauthorized access.
- User Friendly Experience
Provides a secure and seamless online banking experience by enabling users to conduct transactions with complete confidence.
What happened next
results
+ 30k
Reduction of cyber-attack risks
+ 98k
Improvement in the customer satisfaction
80%
Improving the conversion process
