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Wednesday, June 26, 2013

PRESS RELEASE: ACS Offers Robust E-Banking Security with APG8205 Dynamic Password Generator

June 26, 2013

Advanced Card Systems Ltd. now offers the APG8205 to enhance and strengthen security in today’s banking environment. Belonging to ACS’s Dynamic Password Generators product line, the APG8205 provides a two-factor authentication solution that protects online banking customers and merchants alike from malicious attacks.

APG8205 OTP Generator
APG8205 OTP Generator
The APG8205 is the next-generation dynamic password generator from ACS that offers a sleeker, thinner and more modern design. Built with a clear LCD and responsive keypad, it enables user-friendly and convenient operations. Beyond its physical attributes, however, it is APG8205’s strong two-level mutual authentication capability that is most noteworthy.

By authenticating using two factors-something users have (a MasterCard CAP/ Visa DPA card) and something users know (a PIN)-risks of fraudulent attacks like “Card-Not-Present” scenarios could be greatly mitigated, making online banking transactions much safer.



APG8205 OTP GeneratorWith its compliance to major banking, computing and safety standards, namely, Mastercard® Chip Authentication Program (CAP), VISA Dynamic Passcode Authentication (DPA) and EMV Level 1 Certification, APG8205 is a reader all stakeholders in the banking industry can trust.

With the addition of APG8205 to our portfolio, we hope to empower the banking industry in their fight against the proliferation of fraudulent scenarios within their online banking infrastructures,” explained Mr. Gilbert Leung, ACS VP for Sales and Marketing. “We understand the large losses both banks and customers face due to these fraudulent attacks – financial or otherwise. 
Thus, we want to provide a solution that effectively addresses security 
concerns in e-banking.

For more information, please visit http://www.acs.com.hk/index.php?pid=product&prod_sections=0&id=APG8205.

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