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Malauzai Software and Trusteer Partner in Mobile Banking Security Solution [Professional Services Close - Up](Professional Services Close - Up Via Acquire Media NewsEdge) Malauzai Software has teamed with Boston-based Trusteer, an IBM company, to provide an integrated solution that is being used by Wyomissing, Pa.-based Customers Bancorp, to strengthen the security of its mobile banking application. According to a media release, with the rate of mobile malware on the rise, this solution provides end users with an additional layer of security by integrating Trusteer's Mobile SDK security solution into Malauzai's SmartApps. "One of the biggest hurdles to mobile banking adoption is account holder concern around security," said Warren Taylor, executive vice president of Customers Ban "With more people using their mobile device to manage finances, fraudsters have turned their attention to this channel. The relationship between Trusteer and Malauzai provides our customers with one of the most secure mobile banking solutions available. This offering will help us grow mobile banking adoption and provide our customers with solutions they can't find elsewhere." "Consumers are relying on their mobile devices more and more, which increases the need for these devices to be secured strongly against cyber threats and online fraud," said Yaron Dycian, Executive VP of Products, Services, and Security at Trusteer, an IBM company. "Malauzai is demonstrating its strong dedication to community banking institutions and their customers by partnering with Trusteer to further enhance the security of SmartApps by enhancing their fraud detection and prevention tools." More information and complete details: www.ibm.com/security www.trusteer.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. [ Back To TMCnet.com's Homepage ] |