Backbase and Entersekt Establish a Partnership on Authentication Capabilities

Backbase will make Entersekt’s authentication capabilities available on the Backbase Open Banking Marketplace, to offer banks push-based authentication and transaction signing integrated in the Backbase Omni-Channel Digital Banking platform.

Backbase, the omni-channel digital banking market leader, and Entersekt, a transaction authentication and mobile security specialist, have partnered to deliver state-of- the-art authentication technology that delivers an intuitive, no-fuss customer experience.

With this partnership, Backbase will offer Entersekt’s push-based software for authenticating payments and other high-risk transactions through the Open Banking Marketplace (marketplace.backbase.com), so that clients of Backbase can easily select the authentication solution that best meets their needs. The Backbase Open Banking Marketplace is an online marketplace through which numerous best-of- breed fintech applications can be integrated in a Backbase-powered bank. Entersekt’s technology is already proven to work with Backbase software through multiple implementations, including Swisscard in Switzerland.

“Entersekt shares Backbase’s vision of frictionless, on-the- go and always-on digital banking. With this partnership, we believe we can help banks fast track their future by enabling digital services that would be considered too risky or unfeasible using a channel other than the branch,” said Dewald Nolte, Entersekt’s SVP Partners and Alliances. “With Entersekt’s authentication and app security technology, they can make the most of mobile’s unparalleled potential for convenient self-service, personalisation and customer engagement.”

“With the Open Banking Marketplace, Backbase has the vision of offering best-of- breed fintech point solutions to our customers, seamlessly integrated in the overall Backbase Digital Banking platform,” said Jouk Pleiter, CEO and Co-Founder of Backbase. “The focus is on creating frictionless customer journeys for our end-customers. Entersekt’s products fit this vision, because it offers easy to use, rock solid security perfectly integrated with our platform. We’re happy with this partnership because, by adding solutions like Entersekt’s to our platform, we can speed up innovation and deliver to our customers the best that’s available in the fast-moving fintech field.”