ONLINE BANKING SERVICES
With the flood of news about online abuse or bad experiences with online payments, users want and even expect their bank to provide secure electronic banking. At the same time, security systems must not be intrusive or spoil the user experience when making payments or logging into a bank account.
The processes of developing, testing, and continuously updating security systems can be very complex, expensive, and time-consuming. At the same time, they must comply with strict security standards that protect users’ assets and personal data. For secure online banking, the best solution is therefore a system that has already been developed and certified.
Such a system is offered by the Rekono family of solutions and services for electronic identification, electronic signatures, and other trust services. It enables individuals, companies, and banks to securely and strongly authenticate and verify the authenticity of electronic documents, thereby enabling secure remote electronic transactions.
Rekono Ensures Secure Electronic Banking
At Rekono, security comes first. The Rekono family of solutions and services has the status of a qualified trust service provider. This status was granted by an accredited conformity assessment body, which means that Rekono d.o.o. is also listed in the EU register of qualified trust service providers.
Rekono solutions are also managed in accordance with the requirements of the European eIDAS Regulation and the GDPR Regulation on the protection of personal data. Rekono, which is responsible for the operation of the system, has established an information security management system for its IT services that is certified according to the ISO 27001 standard.
What does this Mean for Banking Service Providers?
Banking service providers that use Rekono offer their customers a secure and simple solution for logging into their bank accounts and confirming online payments.
This means that they largely prevent misuse that occurs when a user name and password are stolen, as two-factor authentication is required to log in to online banking.
Users log in to their bank account using their Rekono user account. This means that when they log in to their online banking user account, they are immediately redirected to their Rekono user account, where they enter their login details and confirm their login with a one-time password that they receive via SMS or generate in the Rekono OnePass app.
A similar principle applies to confirming online payments. When users register a Rekono account, they link it to a payment card issued by a bank that supports Rekono services. They then enable push notifications. This allows them to securely confirm online purchases made with the card issued by the relevant bank. At the end of the online purchase, users receive a push notification containing the purchase details. They must confirm these details to complete the purchase.
This feature is particularly useful in cases of misuse, as it prevents unauthorized purchases and allows users to immediately identify misuse and contact their bank.
Rekono solutions and services not only simplify the user experience, but are also extremely useful for banking service providers. As Rekono is an established solution used by renowned banks in the Slovenian market, you do not need to develop your own systems for secure electronic banking. Simply use our proven and certified family of solutions.
The Rekono solution is easy to use, making it even easier for users to log into their online bank and confirm online payments. This will simplify the work of your customer service department. There will also be fewer requests for help with lost passwords or other problems logging into user accounts. This is because users can log in using their Rekono user account.
As the Rekono family of solutions is certified by the European Union, this also increases the credibility of your bank. You clearly communicate to your users and business partners that you care about user security and that you use a system with the strictest security standards to ensure secure electronic transactions.
Banking Service Providers Already Using Rekono Solutions
The Rekono solution is already well established on the Slovenian market and is trusted by the largest banking service providers.
Choose a solution that is already used by more than 400,000 users and the largest banks on the Slovenian market!
Frequently Asked Questions
Users do not need a separate username and password to log into their user account at their chosen bank. Instead, they simply use the Rekono solution and their Rekono account login details to log in. In addition, login is secured by two-factor authentication, which means that users must also enter a one-time password when logging in, which they receive via SMS or is generated in the Rekono OnePass app.
With their Rekono account, users can easily log in to their user accounts at banks that support Rekono services. They do not need separate login details to log in, but simply use their Rekono account. Rekono solutions can also be used to confirm online payments, ensuring the highest level of security when conducting online transactions.
Online payment confirmation is very secure with Rekono solutions, as users must confirm the purchase in their Rekono OnePass app before completing it, using a push notification or a one-time password received via SMS or generated in the Rekono OnePass app. This means that two-factor authentication is required for every online payment, which prevents abuse in online shopping.
Yes, Rekono is a certified family of solutions and services for electronic identification, electronic signatures, and other trust services. Rekono solutions are included in the EU list of qualified trust service providers. At the same time, Rekono, which is responsible for the operation of the system, has an information security management system in place for its IT services that is certified according to the ISO 27001 standard.
