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Volkswagen Bank choose OneSpan for cybersecurity

September 3, 2019

The partnership will see Volkswagen use OneSpan’s mobile application security to protect its financial transactions and secure compliance with the Second Payments Services Directive (PSD2).

OneSpan, which works with half of the top 100 global banks, has created a bespoke mobile authentication app for Volkswagen called PhotoTAN-App, which is used to sign transactions initiated either online or via a mobile device.

The well-established cybersecurity company is also offering its Cronto technology to the bank, which will enable them to comply with the PSD2 authentication and dynamic linking requirements.

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