Through Entrust’s updated mobile smart credential, enterprises and financial institutions may be able to streamline business processes by eliminating requirements for in-person, paper-based signatures or desktop-bound digital signatures. The technology enables any document that requires formal approval to be signed directly from a phone or tablet – even documents requiring legally binding, digital signatures.
Entrust Inc. updated its mobile smart credential, offering a multi-purpose digital identity for secure physical, logical and cloud access. The Entrust IdentityGuard Mobile Smart Credential 2.0 offers new capabilities to complete identity-assured transactions, signing digital transactions and documents all from a mobile device.
The Entrust IdentityGuard Mobile Smart Credential offers a defense against malware-based fraud attacks by empowering users to authenticate enterprise, web or cloud transactions via a mobile channel. By moving transactions out-of-band to the mobile channel, users cannot only review the exact details of the transaction they are about to perform, they can also confirm and approve them in real time from their phone.
The Mobile Smart Credential can streamline the provisioning of digital signature by leveraging smart phone application download processes and enabling over-the-air encoding of digital identities. Also, mobile identities eliminate the reliance on Java, Flash or desktop OS device drivers which have proven to be an attack vector for identity compromising malware.
Additionally, the Entrust IdentityGuard Mobile Smart Credential 2.0 SDK enables customers to embed identity-based security into their own mobile applications for mobile authentication. By leveraging mobile smart credentials, Entrust can help banks and enterprises augment the value of their mobile applications by providing a simple, easy-to-understand mobile experience, while also being able to embed new mobile capabilities that can help drive greater security and business efficiency to ultimately improve the bottom line.
In addition to the new capabilities offered through Entrust IdentityGuard Mobile Smart Credential 2.0, users will continue to have access to the capabilities already offered by this service, including authenticators for physical, logical and cloud access, as well as out-of-band transaction verification and NFC and Bluetooth integration.