The Karsof - TMAS
As we evolve with newer technology and facilities, security becomes a key factor to be considered. Banking is one critical area where technology plays key role yet security becomes the key to unlock the goodness / benefits of technology. And, Security in mobility solution is the top of the order priority.
Karsof bring your TMAS - Transactional Mobile Authentication System that lets you secure your mobile transactions.
What is Karsof Transactional Mobile Authentication System?
A real-time Transaction Authentication using Biometric Technology.
What it does in a banking environment?
Protects all customers of the bank involved in online, remote transactions.
Transactions like:
- Phone IVR Banking
- ATM Banking
- Mobile phone / Internet Banking - using Desktop, Laptop, Notebooks, Tablets
- Internet purchases
- Credit Card / Debit Card transactions
- Point of Sale
Issues Addresses:
- Ensure Bank's customers are protected from fraudulet online payment transaction.
- Eliminate the bank's annual budgetary provision for the settlement of claims by customers for fraudulent online transactions to their account.
- Improving the bank's credibility and reputation in the banking industry and resulting in increase trust by the public and banking community.
- Eliminating loss of customers due to fraudulent banking transactions.
- Regulatory Compliance on Internet Security.
Our Solution - Advantages:
- No unauthorized online banking transaction will take place for the Bank's customer.
- Reducing the liability risks, Banks insurance cost and eliminates the budget provision for settlement of fraudulent online banking transactions.
- Quick implementation and enables quick adoption - current process flows are not changed.
- Customer's Satisfaction.
- Improves credibility and public perception of the Bank.
- Contributing to increasing the National Banking rating.
- Industry security standards compliance and more...
