Fundtech and VASCO Data Security partner to deliver multifactor authentication for online banking transactions.

0 Comments | M2 Presswire, April, 2006

M2 PRESSWIRE-27 April 2006-FUNDTECH: Fundtech and VASCO Data Security partner to deliver multifactor authentication for online banking transactions(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:27042006 Jersey City, NJ - Fundtech Ltd. (NASDAQ: FNDT), a leading provider of end-to-end corporate banking software and services, today announced a strategic alliance with VASCO Data Security International (NASDAQ: VDSI) to incorporate multifactor authentication into Fundtech's cash management and payments products.

The partnership will enable Fundtech clients to seamlessly integrate advanced security services using a secondary level of customer verification for high-risk online transactions. Single factor authentication is now regarded as insufficient for financial...

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