Poste Italiane secures mobile payments with CA Technologies
Poste Italiane, a provider of postal, banking, insurance and payment services in Italy, has implemented CA Technologies' CA AuthMinder platform to provide authentication services for its mobile payment app.
The PostePay app allows customers to check their Poste Italiane bank account balances, transfer funds and add funds to prepaid cards and prepaid mobile phones. The app is secured through Poste Italiane's PosteID system which is based on CA AuthMinder.
PosteID uses one-time passwords, device-specific credentials and other out-of-band authentication to help verify PostePay users' identities and secure PostePay transactions.
"Employees, customers and partners want to connect with businesses in a way that's most convenient to them, and today that means through a mobile device," Mike Denning, Islandia, New York-based CA Technologies' general manager and senior vice president, security, said in a statement. "The challenge is to make sure those mobile connections and transactions are secure and convenient."
To use PostePay, customers sign up on the Poste Italiane website and register the mobile devices they intend to use with the PostePay app. A text message is then sent to the registered mobile number with a unique activation code that is associated with the Postepay app stored on the device.
Once activated, the PosteID software credential is sent to the device. The credential is equivalent to a hardware token or smart card and is locked to the device for use, in combination with the user's PIN, for identity verification.