April 9, 2013
, Inc., a world leader in securing digital identities and information, today announced industry-leading updates to its popular
smart credential. In addition to offering a multi-purpose digital identity for secure physical, logical and cloud access, the Entrust
2.0 offers new capabilities to complete identity-assured transactions, seamlessly and securely signing digital transactions and documents all from the convenience of a mobile device.
"Today's financial institutions, enterprises, and governments need to be ready to address the exponential growth of mobile device adoption and begin better leveraging this new technology to address day-to-day business needs," said Entrust President and CEO Bill
. "We know mobile architecture is significantly more secure than traditional PCs, making it an ideal avenue for convenient, secure digital signing of legally-binding documents and approving of critical transactions. Through the Entrust IdentityGuard Mobile Smart Credential 2.0, today's business leaders are now equipped with strong security they need to maximize the value of mobile devices."
The Entrust IdentityGuard Mobile Smart Credential now offers an effective defense against malware-based fraud attacks by empowering users to authenticate enterprise, web or cloud transactions via a mobile channel. By moving transactions out-of-band to the mobile channel, users cannot only review the exact details of the transaction they are about to perform, they can also confirm and approve them in real time from the convenience of their phone.
Through Entrust's updated mobile smart credential, enterprises and financial institutions can dramatically streamline business processes by eliminating requirements for in-person, paper-based signatures or desktop
bound digital signatures. Now, any document that requires formal approval can be signed directly from a phone or tablet – even documents requiring legally-binding, digital signatures.
"Authenticators such as passwords or hard tokens simply don't provide the same level of protection that one can find by using smart credentials on a mobile device. Additionally, paperwork slows down the process, frustrates employees and customers, and can even provide a roadblock to receiving revenue," said Conner. "By using a mobile device with a smart credential, companies can protect sensitive transactions of all types by stopping the transaction midstream and sending it to a mobile device for verification. Our new offering is a simple, 'what you see is what you sign' user environment, simplifying business and customer processes that may traditionally take hours or days," said Conner.