Monday, 16 January 2017

BankMobile teams up with Danal to enhance Mobile security

Danal, Inc., a global leader in mobile identity and authentication solutions recently joined hands with BankMobile to utilize Danal’s Mobile Identity solution. This will help BankMobile to strengthen its mobile banking products by making them much more secure. An excellent step by BankMobile to provide seamless customer experience.

"There is a natural synergy between Danal's solution and BankMobile," said Dan Armstrong, Chief Digital Officer at BankMobile. "BankMobile's vision of providing an experience that is user friendly and secured is in line with Danal's technology that works behind the scene to secure online transactions without disrupting the consumer experience."

Bankmobile, the digital division of Customers Bank, has eminent business leaders like Bhanu Choudhrie amongst its board of directors and has transformed the digital banking sector since its establishment in 2015.

Bhanu Choudhrie

Danal's real-time mobile network data is laden with a comprehensive set of capabilities that authenticate a consumer's mobile device and its owner. There are majorly two areas where BankMobile primarily focuses to enhance customer experience—hassle-free transactions and security. BankMobile has recently built a niche in offering unmatched features in its mobile banking app to improve user experience.

Jim Greenwell, CEO of Danal Inc., said, "With Danal's mobile identity solution, Banks and Enterprises can now confidently identify and verify wireless carrier accounts -- including matching of name and address on file -- directly with the mobile operators who service those accounts. We are excited to work with a visionary company like BankMobile that is building next generation banking solutions and enhance their mobile banking products".

This partnership with BankMobile establishes Danal's position as the leader of fraud and compliance solutions to the Financial Services vertical. With its real-time access to mobile network data, Danal is in a unique position to provide the most authentic and definitive solutions for mobile identification, authentication and TCPA compliance.

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