From the News Wire
2007-12-11
Shenzhen Development Bank selects Todos
Shenzhen Development Bank Co., Ltd. (SDB) has appointed Todos Data System to deliver a new remote two factor authentication solution for its internet banking customers. The new solution will increase security and improve internet bank usage as well as minimizing support costs.
After a period of using a combination of fixed passwords and PKI-USBkeys, SDB is now upgrading its authentication to Todos eCode Solution. The solution comprises an authentication server, Double Authentication Scratch Cards and Double Authentication ezTokens. By up grading SDB will improve security that in the future may be increased by the provisions of the highly flexible authentication server. Further more SDB will decrease support costs as the new end user devices will come more comprehensible to the bank clients and thereby minimising the need for support calls. SDB now calculates to improve their internet bank usage and rapidly expand their middle and high-end customer group.
As the first joint-stock commercial bank listed in Shenzhen Stock Exchange (Stock code: 000001), Shenzhen Development Bank is headquartered in Shenzhen which is famous for its rapid economy development. At present, the bank has total assets of RMB242.8 billion (as of June, 2006), and renders various financial services to retail and government customers via its branch offices in Shenzhen, Beijing, Shanghai, Tianjin, Chongqing, Guangzhou, Zhuhai, Foshan, Haikou, Hangzhou, Nanjing, Ningbo, Wenzhou, Dalian, Jinan, Qingdao, Chengdu and Kunming.
Todos is a Swedish company dedicated to providing authentication solutions for Internet banking and e-commerce. Todos have world leading competence in designing and delivering user friendly, secure, robust and cost efficient solutions. Since 1990 Todos have been designing and marketing chip card based security products to mainly the international financial sector
For further information please contact:
Mr. Guohua Sun, VP & CMO, Todos Co. Ltd
Telephone: 0086-10-63331957

