|
|
|
|
|
Mobile World Congress, Barcelona, Spain, Feb 24, 2014 - (ACN Newswire) - Valimo, world leader in mobile identity authentication and digital signature software, is supplying its advanced Mobile ID solution to KSID, the trusted certification body for mobile authentication and digital signatures in South Korea. The SIM-based embedded software solution and related back-end server provide interoperability across all of the country's mobile networks and all types of handsets, to offer South Korean citizens the convenience of secure digital services such as eBanking and eGovernment direct from their mobile phones.
Valimo's comprehensive solution for KSID will employ public key cryptographic (PKI) mechanisms stored safely in the SIM card to provide outstanding levels of assurance. This very high level of assurance also encompasses the embedded application. Already field proven in several countries, the Valimo PKI solution will enable South Korea's banks, operators and government bodies to deploy robust Mobile ID services quickly and cost-effectively.
Currently, 70% of the population in South Korea use software certificates when conducting banking transactions via personal computers. With the support of a national trusted center for Mobile ID, service providers and certification bodies can harness the enthusiasm of South Korea's tech-savvy population for using the 24/7 online domain, and meet the fast-growing demand for everybody, everywhere, anytime access to secure services on the mobile phone.
"By extending the benefits of strong authentication and digital signatures into mobile devices that play such a key role in modern lifestyles, KSID will develop the range and reach of secure online services in South Korea," said Kim Dong Su, CEO of KSID.
"With a 33% penetration of mobile banking in South Korea, the country is perfectly poised for KSID's compelling Mobile ID proposition," said Tomi Soininen, managing director of Valimo. "The initial Mobile ID deployment will target eBanking, then Valimo will support KSID in addressing the specific requirements for strong user authentication of other markets, eLearning and universities in particular."
Valimo is your ID online. Valimo mobilizes digital IDs. Valimo Mobile ID allows mobile phone users to securely authenticate, digitally sign documents, and confirm transactions and payments, simply by entering the PIN code they have chosen. The multipurpose solution combines strong security and ease of use, enabling new mobile service concepts and more efficient processes. Valimo Mobile ID is used in a variety of services, throughout the world, including online banking, mobile payment, e- and m-commerce applications, and governmental services, along with enterprise identity and access management. The two-channel, three-factor authentication method based on Public Key Infrastructure (PKI), combined with a third-party Certification Authority, produces a legally binding signature regardless of time and place. Valimo Mobile ID solutions are global market leaders in terms of installation base and number of active users. Founded in 2000, Valimo Wireless is headquartered in Finland and from February 2010 is part of Gemalto Group. For more information, please visit www.valimo.com.
Contact Valimo:
Christian Marc
Tel.: +33 6 1905 1283
christian.marc@valimo.com
Press Release (PDF): http://hugin.info/160069/R/1763858/597854.pdf
Topic: General Announcement
Source: VALIMO WIRELESS Oy
Sectors: Media & Marketing, Enterprise IT, CyberSecurity, E-commerce, IT Individual, Wireless, Apps
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
Latest Press Releases
Global Media First Drive of G700: A Comprehensive Validation of GAIA Hybrid Off-Road Architecture 
Oct 24, 2025 21:00 HKT/SGT
|
|
|
Scandium International Mining Announces Exercise of Options by Chief Executive Officer and Chief Financial Officer
Oct 24, 2025 19:39 HKT/SGT
|
|
|
Trio AI and HTHK Sign MOU to Expand 5G-Powered Smart Robotics in Property Management, Construction, and Public Services Organizations, Advancing Hong Kong's Smart City Vision
Oct 24, 2025 18:07 HKT/SGT
|
|
|
FIG, Fujitsu, Acer Medical collaborate to develop health-promoting insurance concept to support preventative care in aging societies
Friday, October 24, 2025 3:52:00 PM
|
|
|
SHARP unveils the new "LDK+" EV concept model at Japan Mobility Show 2025
Friday, October 24, 2025 3:18:00 PM
|
|
|
Mitsubishi Shipbuilding Holds Christening and Launch Ceremony in Shimonoseki for Training Ship WAKASHIO MARU Built for National Institute of Technology, Toyama College
Thursday, October 23, 2025 11:29:00 PM
|
|
|
Mazda and Nippon Steel Strengthen Collaboration
Thursday, October 23, 2025 10:57:00 PM
|
|
|
Immersive Museum "THE MOVEUM YOKOHAMA by TOYOTA GROUP" to Open on December 20, 2025
Thursday, October 23, 2025 10:27:00 PM
|
|
|
PacificLight Appoints a Consortium of Mitsubishi Power and Jurong Engineering Limited to build 670 MW CCGT Power Plant in Singapore
Thursday, October 23, 2025 10:12:00 PM
|
|
|
Doubleview Gold Corp Announces 320-Meter Eastward Extension at the Hat Polymetallic Deposit, Expanding Mineralized Volume and Remaining Open
Oct 23, 2025 20:59 HKT/SGT
|
|
|
|
|
More Press release >> |
|
 |
|
|
|
|
 |
|
