Philippines-based interbank network BancNet this week announced it chose Gemalto to secure its mobile banking services, according to a press release. 

BancNet comprises of 116 local and international banks, serving over 40 million cardholders. Gemalto's Ezio Authentication Server and Mobile token will enable BancNet customers to pay their bills, check account balance, and transfer funds from their accounts with any member bank, using their computers and mobile devices to perform dynamic, multi-layer authentication and transaction verification, according to the announcement.

Gemalto said the Ezio Authentication Server is a token-agnostic solution that supports all leading authentication technologies, which is said to offer BancNet increased flexibility in selecting the most appropriate solution for their customers. It is also compatible with all open standards, enabling integration with BancNet's legacy systems.

"We chose Gemalto because they are a leader in user authentication, with a proven track record in the Philippines," said Aristeo Zafra, Jr., BancNet General Manager and Chief Operations Officer. "Their solution will enable our customers to access their bank accounts using mobile devices as their primary authentication device, with a greater sense of security. They would not need to carry or register multiple tokens."