SingTel.com > Industry Solutions > Financial Services > Multi Factor Authentication for e-Banking - Overview

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Multi Factor Authentication for e-Banking


The Multi Factor Authentication and Transaction Verification (MFA) service is proudly brought to you by SingTel and ValidSoft. The MFA service is hosted and managed in SingTel’s secure environment – SingTel EXPAN and offers a strong authentication and transaction verification process across multiple banking channels (Web, Phone and Contact Centre). This solution can be further extended to include Voice Verification which leverages the power of biometrics and provides a highly intuitive and simplified transaction process for the customer.

Transaction Verification not only authenticates the customer but also ensures the integrity of the transaction detail itself. This provides secure access to services and counters even the most sophisticated electronic fraud, including Man-in-the-Middle and Man-in-the-Browser attacks. This solution increases consumer confidence, reduces operational costs and protects the integrity of electronic transactions.