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HELSINKI, Finland - 16th February 2009 - Valimo, global market leader in mobile ID solutions has been selected by Telenor Sweden to provide technology for their mobile signature services in Sweden. Valimo Mobile ID enables Telenor's customers a convenient and secure login to online services using their mobile phone for authentication and digital signing.
Mobile signatures can be used in any service requiring strong authentication, identification or a legally binding signature. Need for new authentication solutions like Mobile ID in the Nordic region is rapidly growing as governments, public sector and financial institutions are increasingly offering online and mobile channels to access their services. These new services require more secure and user-friendly authentication methods such as Valimo Mobile ID.
Telenor Sweden is the third largest mobile operator in Sweden based on number of subscriptions, with a market share of 18 percent and 1.9 million mobile subscribers. Telenor Sweden will run a pre-production phase of Mobile ID service powered by Valimo during 2009. Valimo Mobile ID enables a safe and reliable digital authentication that replaces various password and code lists. When using an online service requiring authentication or digital signing, the request is sent to the user's mobile phone using secured SMS technology. The message pops up on the phone screen, asking the user to confirm his or her identity or approval by entering his or her personal PIN code.
"Operators are recognising the business opportunities that mobile authentication and signature technology enables. New services are becoming available across Europe. It is already possible to use bank services, withdraw money from ATMs, do online shopping and mobile payments and authenticate safely to databases and enterprise networks with Valimo Mobile ID technology. Now all this is technology will be available for majority of Swedish mobile subscribers," says Juha Murtopuro, CEO, Valimo.
Valimo Mobile ID is based on Public Key Infrastructure (PKI), with the unique private key stored in a tamper-proof area of the SIM card, and used with a four to six digit PIN code when prompted. Valimo solutions are used by operators, banks, enterprises, public sector and other service providers throughout the world.
Director, Marketing & Communications, Valimo Wireless Oy
Tel: +358 40 559 33 97
Email. marika.pirhonen (at) valimo.com
Valimo turns mobile phones into digital identification cards. The new breed of Mobile ID replaces the need for a multitude of passwords and tokens. With Valimo technology, mobile phone users can securely authenticate themselves and legally sign documents, just by using their mobile phone and a simple PIN code. Based on Public Key Infrastructure (PKI) technology, Valimo Mobile ID works in every mobile phone with a SIM card inside.
Valimo's mobile signature solutions are global market leaders in terms of installation base and number of active users. Valimo solutions are used by mobile operators, banks, corporations, governments, public sector and other service providers. For further information, visit valimo.com.
Valimo Wireless Ltd - P.O. Box 31 (Myllynkivenkuja 4) - FI-01621 Vantaa, Finland | info (at) valimo.com