Benefits of Using Valimo Mobile ID

Benefits of using Valimo Mobile ID

The Need

"Phishing is still a very popular method among cybercriminals. The losses incurred from phishing attacks in a 12-month period ending June 2011 were at nearly $1 billion in the United States only." - RSA Security

"Mobile Money Transfers to Exceed $5 Billion by 2013" - Juniper Research

"The rising costs and incidents of online fraud means the industry is in search of a solution to secure online banking and card-not-present transactions." - FST magazine

ValimoMobile ID

"Valimo Mobile ID is the market leader in terms of installed base and active users." - Frost & Sullivan

What is a Mobile Signature?

An authentication or signing request is sent to your mobile phone just like a text message. After reviewing the message, you enter a Signing PIN to identify yourself to the handset and create a digital signature of the transaction. No PINs or passwords are exposed over any network. Neither the private key nor PIN can be intercepted, and remain inside a tamper-proof secure element on your handset.

This is two-factor, two-channel security for all service channels, including online and mobile transactions.

Simply, it is your ID online. Secure and convenient. And it is on a device you always carry with you, your mobile phone.

With Valimo Mobile ID you can:

  • Secure online bank log-in and transactions
  • Secure eCommerce purchases
  • Sell and buy shares with non-repudiation
  • Sign online credit and loan applications
  • Sign corporate transactions
  • Make ATM withdrawals without an ATM card
  • Access secure eGoverment services such as tax payments, permits and voting
  • Remotely access health records
  • Conveniently access corporate networks (VPN)
  • Sign documents such as PDF files and email
  • Verify anonymously your age for restricted access
  • Secure mobile contactless (NFC) payment account registration
  • Top-up mobile wallets and other mobile applications

Valimo Combines the Best Security with the Most Convenience:

  • Your mobile phone is always with you so there is no need to carry extra tokens
  • Identify yourself and sign anything with same PIN and same experience
  • Choose your own signing PIN
  • Easier than SMS - if you can send text messages, you can use mobile signatures