Holographic Fingerprint™ on UniCredit Bank Austria debit cards:
UniCredit Bank Austria and Authentic Vision protect customers from phishing attacks
- Holographic Fingerprint™ verification for additional protection from phishing attacks
- Definitive and secure instant registration via smartphone when setting up mobile banking or switching smartphones — no branch visit necessary
"Banks currently invest more than any other sector in data security and data protection for their clients", says Robert Zadrazil, CEO of UniCredit Bank Austria. "When it comes to social engineering in particular, i.e. when security-critical data is unintentionally disclosed as a result of phishing attacks or grandparent scams, there is a real need to identify intelligent solutions that will prevent the potential use of sensitive data by unauthorised third parties."
"Our solution—the Holographic Fingerprint™ technology—works on any Android or iOS smartphone. The key benefits of this technology are the high security standards, the user-friendly concept and the fact that it can be completely integrated into the existing UniCredit Bank Austria infrastructure. This collaboration with Austria's leading bank marks another milestone in the journey to seeing our security solution used universally", says Thomas Weiss, CEO of Authentic Vision.
"The future of financial services lies in the perfect and seamless interconnection of analogue and digital services, because omnichannel banking is the future", emphasises Marion Morales Albinana-Rosner, Head of Strategy, Digital and Products at UniCredit Bank Austria, adding: "By collaborating with Authentic Vision to deliver the Holographic Fingerprint™ security tag on every bank card, we are creating an innovative solution that guarantees even greater security."
Holographic Fingerprint™ verification offers ideal combination of physical and digital security features
The Holographic Fingerprint™ technology produced by Salzburg-based tech company Authentic Vision offers a unique, tamper-proof application that provides additional protection for UniCredit Bank Austria customers. The Authentic Vision solution provides definitive confirmation of the user's identity. It creates an identifier that cannot be copied by the user or inadvertently shared — it is a kind of analogue seal that is interlinked with the digital world.
Fraud using data that has been provided "in good faith" is no longer possible because without "analogue" possession of the bank or debit card, the data obtained through social engineering, i.e. digitally or by telephone, becomes unusable and transactions cannot be made if customers have registered with the Holographic Fingerprint™ system.
How does the Authentic Vision Holographic Fingerprint™ work?
All debit Mastercards issued by UniCredit Bank Austria will in future have the Authentic Vision security tag. The hologram provides a simple, fraud-proof way for account holders to confirm their identity. When they register with the mobile banking app, customers will be asked to complete an additional step that confirms their identity using the security tag. The process is quick and easy and simply involves scanning the security tag with a smartphone.
The Holographic Fingerprint™ also makes the process of registering a smartphone for mobile banking even more simple and secure, whether it is a first-time registration or an update following the purchase of a new smartphone. Scanning the integrated security tag on the debit card will verify activation of the app and link the card to the user's smartphone.
This process means that Bank Austria customers will in future have no need of alternative two-factor authentication steps such as activation letters, passwords or special visits to a branch, and they will also be better protected against fraudulent activity. In addition, the Authentic Vision System is interoperable, works on any Android or iOS smartphone and is GDPR-compliant.
Further information about the Holographic Fingerprint™ security tag on UniCredit Bank Austria bank and debit cards can be found at https://www.bankaustria.at/konto-karten-debitkarte-echtheitszertifikat.jsp.
About UniCredit Bank Austria
UniCredit Bank Austria is part of UniCredit, a successful pan-European commercial bank with fully integrated corporate and investment banking that offers its diverse customer base a unique network throughout Western Europe as well as Central and Eastern Europe. UniCredit combines deep local knowledge with international reach. Through its European banking network, it provides its customers with unique access to leading banks in 13 core markets: Italy, Germany, Austria, Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia. Through its international network of offices and branches, UniCredit also supports and assists customers in a further 16 countries worldwide.
About Authentic Vision
Founded in 2012, Authentic Vision is a provider of mobile authentication solutions with offices in Salzburg and San Francisco/USA. As the owner of numerous patents, Authentic Vision cooperates closely with leading security experts worldwide. This creates a head start to latest developments in product security and digital customer communication. Authentic Vision GmbH thus offers the latest anti-counterfeiting and authentication technologies that protect its clientele's investment in product innovation, brand value and reputation, while increasing new opportunities for trust and loyalty with their customers. For example, the patented Holographic Fingerprint™, mobile authentication app and real-time analytics protect physical goods from counterfeiting and alert brand and product owners to potentially fraudulent activity.
Enquiries
UniCredit Bank Austria Press Office
Matthias Raftl, tel.: +43 (0) 5 05 05-52809
Email: matthias.raftl@unicreditgroup.at