Posted on April 14, 2017 by Mathijs Brand
Every party wants to be sure their transaction is backed up with proof. That must be some technical, legal thing in the background. If a shop lets you think too long, you will rethink your purchase. Need to look up some password? Sales drop. Where did I leave my e-identifier? Sales drop. Insurance companies or banks often suffer from the sales drop rates. But "sssshhh" about this. A lot of your competitors are still asleep.
In the video below you'll get the basic idea:
For every transaction you need proof. For every transaction type you have options. At the core of the solution is a mobile push message sent to a phone with a fallback to SMS if needed. The business decides the actions (sign multiple transactions, buy a mortgage or a shoe) and the required security action that goes along with it (fingerprint, pincode, QR etc). For each transaction the Onegini platform records all the required data for proof later. The proof that the customer used their private key. The signed data may be a json, a basic text, a whole document. You decide.
See below a high level flow between the components:
Don't have a mobile app?
Maybe you just have a responsive website, or the process is owned by another department and it's difficult to get in? No worries. Onegini has developed an authenticator app. It's simple and customizable. You can just use it to sign the transactions as a second factor.
Plingit by Minox
Plingit makes accounting easier for entrepeneurs. The platform utilizes the Onegini transaction signing solution to bulk sign a number of transactions from various bank at the same time. For Plingit customers life is easier. All the transactions can be signed in one go on one platform using only a mobile device.