V-Key’s V-OS App Protection on V-OS Cloud to secure the first pure-play Digital Bank in the Philippines.
V-Key announced that it has been chosen to be the mobile security partner of TONIK digital bank, to provide a secure mobile retail banking platform for its new customers in Philippines.
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TONIK being a digital-only “neobank” relies on the mobile app as the main contact point for its customers. The ability to provide a trusted and secure environment for its customers to perform their banking transactions is critical to the customer experience for its services.
Built on V-Key’s patented Virtual Secure Element technology, V-OS App Protection provides an added layer of tamper protection and security enhancements. V-OS secures sensitive processing and data, ensuring app integrity when deployed, and safeguarding user privacy even if the device is lost or compromised. It checks for malware, prevents Main-in-the-Middle (MITM) attacks, combats tampering, and even provides a secure, anti-fraud keyboard for data input.
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The V-OS App Protection that TONIK chose to deploy resides on V-Key’s Cloud Platform, also known as V-OS Cloud. Powered by the Microsoft Azure Cloud Platform, V-OS Cloud offers the same powerful App Protection functions as on-premise servers. It provides agile deployment of the solution thus shortening time to market and simplifying customer support.
Greg Krasnov, CEO & Founder at TONIK, said: “We selected V-Key because of V-Key’s history with major banks around the region, where its solutions were well validated and tested. Its technology is protected by a global patent and has been proven to deliver the trust factor and security to customers, which is among the most important issues for our potential customers in the Philippines.”
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