Cronto, comdirect Introduce Visual Transaction Signing
Cronto, a UK-based visual transaction authentication service provider, and comdirect, a German bank, have joined together to launch photoTan, which is a visual transaction signing for online banking services, reports The Paypers. Offering photoTan to customers will reduce attacks by Trjoan malware, a rising problem that has targeted online banking transactions. PhotoTAN users will be asked to scan an image displayed on comdirect’s website and verify details of the transaction on a secure display. They will then choose between a photoTAN hardware device and a photoTAN mobile app.
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