“In collaboration with Ksmartech, we are increasing mobile security while also making apps faster and easier to use.” – Ben Cade, CEO, Trustonic
Ksmartech, a Korea-based provider of One-Time Password (OTP) authentication security, has teamed up with Trustonic to enhance its flagship offering. The company has integrated Trustonic Application Protection into its solution, allowing it to expand beyond Android devices and to iPhones and iPads as well.
In a statement, Ksmartech CEO Sunho Jung explained that the combined solution means that Korean banks and other businesses can now eliminate the use of hardware tokens in their apps via a single SDK solution. The CEO added that his firm is “already working with clients on multiple projects and look forward to announcing commercial roll outs later this year.”
Trustonic CEO Ben Cade, meanwhile, emphasized the benefit to the end user. “In collaboration with Ksmartech, we are increasing mobile security while also making apps faster and easier to use,” he said, adding, “Consumers can now receive the same secure user experience, regardless of the device or operating system”.
News of Trustonic’s integration comes after payments-focused embedded software specialist Alcinéo embraced the TAP solution this past summer, which followed news that the Korea Financial Telecommunications and Clearings Institute had integrated Trustonic’s hardware-based OTP solution earlier this year.