The Secured Lock™
System
Powered by the Dual Token™ technology.
The Secured Lock™ enables Financial Institutions to offer their customers Certified payment requests (invoice) and a Certified payments, from within any online environment, safely and in real time, addressing today and tomorrow's needs.
Businesses and customers alike are increasingly in search of convenient alternatives for conducting financial transactions anywhere needed: on Internet websites, online communities, through desktop applications as well as mobile devices. Electronic environments present risk conditions where payment solutions need to address the verification of the participants, the financial transaction integrity, the data security and the infrastructure diversity.
The current status of electronic transactions, where identity and financial information are repeatedly compromised, is discouraging significant business segments from taking advantage of the benefits it presents. Customers are fearful in executing transactions, and business suffer losses from higher operational costs, fraud and data breaches. All these and other significant challenges are leaving considerable industry verticals outside the electronic transactions playground.
Fast growing markets are just emerging and are strongly supported by ongoing trends in networking and mobility (Social Networks, Mobile), combined with untapped markets where electronic transactions have barely penetrated (small businesses, P2P, government payments, among others). This represents a challenge to existing service providers, including Financial Institutions, that are required to close the gap in no time and offer innovative services to their customers over any interface they prefer to interact.
The Secured Lock™ System enables any individual and business to Initiate, Verify and Complete a Financial Transaction, from the most convenient and accessible location for the user, improving dramatically the efficiency of the process and lowering its risk, removing the frontiers from banking transactions. One solution for all the different customers' needs, effortlessly adapting to their changing environments.
The Secured Lock™ System, based on the Dual Token™ technology and Trusted Cloud principles, safeguards each Financial Transaction, protecting it throughout the entire process, from initiation through verification & authorization and until payment, preventing at all times, any customer information exposure and its distribution to third party systems for their future unauthorized utilization.
The Secured Lock™ System brings Financial Institutions beyond the frontiers of electronic transactions answering the fast evolving needs of their customers.
For more information about the Secured Lock™ System, please
contact us.
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