SINGAPORE–(BUSINESS WIRE)–V-Key introduced in the present day that it has been chosen to be the cellular safety companion of TONIK digital financial institution, to offer a safe cellular retail banking platform for its new prospects in Philippines.
TONIK being a digital-only “neobank” depends on the cellular app as the primary contact level for its prospects. The flexibility to offer a trusted and safe setting for its prospects to carry out their banking transactions is essential to the shopper expertise for its providers.
Constructed on V-Key’s patented Digital Safe Ingredient expertise, V-OS App Safety supplies an added layer of tamper safety and safety enhancements. V-OS secures delicate processing and information, guaranteeing app integrity when deployed, and safeguarding person privateness even when the gadget is misplaced or compromised. It checks for malware, prevents Foremost-in-the-Center (MITM) assaults, combats tampering, and even supplies a safe, anti-fraud keyboard for information enter.
The V-OS App Safety that TONIK selected to deploy resides on V-Key’s Cloud Platform, also called V-OS Cloud. Powered by the Microsoft Azure Cloud Platform, V-OS Cloud affords the identical highly effective App Safety capabilities as on-premise servers. It supplies agile deployment of the answer thus shortening time to market and simplifying buyer assist.
Greg Krasnov, CEO & Founder at TONIK, stated: “We chosen V-Key due to V-Key’s historical past with main banks across the area, the place its options had been nicely validated and examined. Its expertise is protected by a worldwide patent and has been confirmed to ship the belief issue and safety to prospects, which is among the many most essential points for our potential prospects within the Philippines.”
Joseph Gan, CEO & Founder, V-Key, stated: “At V-Key, we constantly put our solutions through stringent penetration tests and achieve global certifications to ensure we live up to the trust of our customers. Going one step further, we have incorporated Threat Intelligence whereby the latest identified threats are automatically updated to our deployed V-OS App Protection platform. We look forward to providing a secure environment for TONIK in order for it to serve its customers leveraging truly disruptive innovations and technologies.”
About TONIK
TONIK Monetary Pte Ltd (www.tonikbank.com) is the primary licensed digital-only financial institution in Southeast Asia, on a mission to revolutionize the way in which cash works within the area. It supplies retail monetary merchandise, together with deposits, loans, transactional accounts, funds, and playing cards on a extremely safe digital banking platform. TONIK is led by a senior staff who’ve beforehand constructed and scaled a number of digital and retail banks and fintechs throughout the International Rising Markets. Based in 2018, TONIK is launching operationally in 2020 within the Philippines via its personal financial institution license, with assist and R&D capabilities primarily based in Singapore and Chennai, India.
About V-Key
V-Secret’s an internationally-acclaimed software-based digital safety firm, headquartered in Singapore. V-Key’s pioneering expertise powers ultra-high-security options for digital identification administration, person authentication and authorization, in addition to digital funds for main banks, fee gateways, and authorities businesses. Making pleasant person experiences potential whereas being uncompromisingly safe.
V-Secret’s the inventor of V-OS, the world’s first Digital Safe Ingredient. Internationally patented, V-OS makes use of superior cryptographic and cybersecurity protections to adjust to requirements beforehand reserved just for costly {hardware} options.
V-OS is FIPS 140-2 Validated (US NIST) and accredited by the Infocomm Media Improvement Authority of Singapore (IMDA).
