Turkish bank Yapi Kredi has selected German IT security solutions developer KOBIL’s Application Security Technology (AST) platform to deliver mobile security for its customers.
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The platform will be integrated into Yapi Kredi’s IT infrastructure, which according to KOBIL will allow Yapi Kredi’s customers to perform their banking operations in a more secure environment.
KOBIL added that its AST solution will enhance the level of customer security on all alternative channels such as mobile banking, Internet banking, ATMs and telephone banking.
As per the agreement, the Turkish bank will also provide its customers with KOBIL mIDentity mini as well as KOBIL OTP technology.
The solution is expected to be available to Yapi Kredi’s customers by the end of the current year.
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By GlobalData
