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Stock impact report

Sumitomo Mitsui Trust Bank Advances Mobile Banking Security with SCSK and OneSpan’s FIDO Cloud Authentication Solution

OneSpan Inc. (OSPN) 
Last onespan inc. earnings: 3/3 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Japan’s largest trust bank takes action to protect customers from account takeover and advanced phishing threats with FIDO authentication solution BOSTON & TOKYO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN) today announced that Sumitomo Mitsui Trust Bank (SuMiTB), Japan’s largest trust bank, has chosen SCSK Corporation and OneSpan to strengthen its mobile banking security and address the growing threat of phishing-related fraud. Building on OneSpan’s experience with many on-premises FIDO authentication deployments in Japan, this collaboration marks the first deployment of OneSpan’s cloud-based FIDO authentication solution for mobile banking in Japan, made possible by the combined expertise of SCSK and OneSpan. By adopting a future-ready FIDO authentication solution, SuMiTB is taking a significant step toward modernizing its security infrastructure and better protecting its customers in an evolving digital landscape.This deployment comes at a pivotal moment, as Japan faces escalati Show less Read more
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