Mashreq Bank, a leading bank in the UAE, has implemented a 2 Factor Authentication solution called Crypto-Shield 2 FA from CryptoCard, which provides high levels of security for online access with a simple user experience.

Bulwark Technologies, IT Security specialist and regional distributor of CryptoCard has facilitated the deployment of CryptoCard tokens at Mashreq Bank.

“In the Middle East the banking sector is flourishing and highly competitive, and Mashreq’s corporate clients expect the latest innovations. Mashreq needed to provide a trustworthy ebanking security solution,” stated Yasmeen Javaid, divisional manager for Transactional Banking, Mashreq Bank.

Mashreq opted for the server-based Crypto-Shield 2FA with long-life hardware tokens, which did not expire and have a long battery life. Each customer is assigned a hardware token, which has a unique ID and barcode, against which the bank uses its software to set financial limits for these customers.

Crypto-Shield is a complete authentication solution that consists of a suite of applications designed for implementing and operating strong passwords using two factor authentication enabling efficient password validation.-TradeArabia News Service