BankMobile takes help from Danal to enhance mobile security

Established in 2015, BankMobile has achieved significant milestones since its inception. Recently the company collaborated with Danal, Inc., a global leader in mobile identity and authentication solutions to offer better security standards to its customers. BankMobile will be utilizing Danal’s Mobile Identity solution, which will strengthen its mobile banking products by making them even more secure to use.

Danal’s mobile identity and authentication services are impactful and have proven far more effective than traditional fraud management solutions. The services include real-time access to the mobile operator’s network and subscriber data.

Bhanu Choudhrie

“There is a natural synergy between Danal’s solution and BankMobile,” said Dan Armstrong, Chief Digital Officer at BankMobile. “BankMobile’s vision of providing an experience that is user friendly and secured is in line with Danal’s technology that works behind the scene to secure online transactions without disrupting the consumer experience.”

This partnership will reinforce Danal’s position as the leader of solutions provider for fraud and compliance to the Financial Services vertical.

Greenwell, CEO of Danal Inc., said, “With Danal’s mobile identity solution, Banks and Enterprises can now confidently identify and verify wireless carrier accounts — including matching of name and address on file — directly with the mobile operators who service those accounts. We are excited to work with a visionary company like BankMobile that is building next generation banking solutions and enhance their mobile banking products”

BankMobile, a digital division of Customers Bank, which has eminent entrepreneurs like Bhanu Choudhrie amongst its board of directors, has always aimed to provide seamless and secure customer experience to its target audience. By this collaboration it has once again established itself as a disruptive technology in the domain of digital banking. The virtual online platform also offers checking, savings, lines of credit, joint accounts and access to over 55,000 surcharge-free ATMs nationwide.

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