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TheStreet Open House

BankID Deploys Gemalto's Valimo Mobile ID Solution Nationwide In Norway

AMSTERDAM, Netherlands, May 5, 2014 (GLOBE NEWSWIRE) -- Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces that it will support BankID of Norway in creating a nationwide system for robust electronic authentication and legally-binding digital signatures using the Valimo mobile ID solution. BankID is the central body for eID established by the Norwegian banking industry. The mobile BankID service works across all networks and phone types, and has already been adopted by over 270 service providers in Norway, including major banks and numerous other commercial organizations.

The Valimo Mobile ID solution is the world leading mobile identity authentication and mobile digital signature software. The addition of Mobile ID to the existing BankID online services infrastructure delivers new standards of convenience for Norwegian citizens when using mobile phones and mobile devices to access banking or to digitally sign transactions. For banks and other providers, the arrival of a Mobile ID option for BankID offers all the advantages of a unified and readily available route to market for secure mobile services.  

Working seamlessly with all the mobile apps offered by the leading banks in Norway, Valimo's Mobile ID solution is characterized by a straightforward registration process that can be completed in minutes. Almost a million Norwegians are now employing the BankID system for secure online authentication, of which nearly 40% are using the Mobile ID app.

" With Mobile BankID, mobile phone users are now capable of performing any banking transaction on the go," said Nils Inge Bruberg, strategic product manager for the BankID system. " Many were already using the certificate scheme that was developed for electronic banking, but the arrival of Mobile ID has doubled the average number of transactions per user to 12 per month."

"This project is the very first nationwide Mobile ID solution for online banking, with over 120 financial institutions connected to the system," said Tomi Soininen, Senior Vice President of Valimo at Gemalto. " With our support, BankID is ultimately looking to reach all three million Norwegians currently using online banking services, and attract more service providers keen to meet rapidly growing demand for access to secure services from mobile devices."

About Gemalto

Gemalto (Euronext NL0000400653 GTO) is the world leader in digital security with 2013 annual revenues of €2.4 billion and more than 12,000 employees operating out of 85 offices and 25 research and software development centers, located in 44 countries.

We are at the heart of the rapidly evolving digital society. Billions of people worldwide increasingly want the freedom to communicate, travel, shop, bank, entertain and work – anytime, everywhere – in ways that are enjoyable and safe. Gemalto delivers on their expanding needs for personal mobile services, payment security, authenticated cloud access, identity and privacy protection, eHealthcare and eGovernment efficiency, convenient ticketing and dependable machine-to-machine (M2M) applications. We develop secure embedded software and secure products which we design and personalize. Our platforms and services manage these products, the confidential data they contain and the trusted end-user services made possible.

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