Through joint research and development Kobil and Kuveyt Turk are going to introduce their security technology on the market in the Gulf States and Europe

M2 PressWIRE |

Worms, Germany / Istanbul, Turkey -- Kobil and Kurveyt Turk, one of the leading associate banks in Turkey, begin a new chapter in the field of partnerships in the financial world. Under the partnership agreement of both companies, the products and services that have been jointly developed by Kuveyt Turk and Kobil in the research and development center of Kuveyt Turk, the first R&D center in the financial sector in Turkey and founded in 2010, will be presented to other financial services companies. The innovative modular mobile-ID-platform Kuveyt Turk will integrate into its IT security infrastructure will be activated as cloud service in the R&D center of Kuveyt Turk and will execute the banking activities of customers in Turkey and the gulf states in a secure environment. Kuveyt Turk has been a customer of Kobil since 2008 and will, in cooperation with Kobil, work on innovative IT solutions for the financial sector in its research and development center, opened in 2010. With the m-Identity platform for application security technologies Kuveyt Turk is going to extend the partnership with Kobil in order to develop the innovative cloud service security project STS Secure Transaction Signer and will use the extensive channels of Kobil for the sale of the products in Europe. In addition to the internet branch channels, Kuveyt Turk, well proven in the area of modern banking services, is going to integrate its new platform into the IT security system as a second security system. The communication between customer and bank, the basis for this platform, is made interactive, secure and binding the m-Identity product of Kobil and includes the most modern security algorithms for applications for mobile banking, device control, licensing and user login. m-Identity protects the devices against piracy, theft and other forms of manipulation, is, at the same time, integrated into the infrastructure of the bank and is thus making banking operations safer than ever before. Customers of banks, that integrated the m-Identity product into their systems, can use the secure communications platform m-Identity of Kobil instead of SMS which is not protected against attacks and rerouting. The solution of Kobil, developed to be usable on all devices and platforms of iPhone, iPad and Android, addresses all the customers safety concerns and increases customer loyalty as it ensures absolute security guarantee and is therefore securing competitive advantages for the companies. Apart from the YKB Bank in Holland and the Swiss Migros Bank, Banks such as the Denizbank, the Vakifbank, the Ziraat Bank and the A&T Bank, leading banks in the financial sector, use the m-Identity platform of Kobil for their own security. About Kobil Kobil solutions set a benchmark in digital identity and high-secure data technology. Founded in 1986, the Kobil Group, headquartered in Worms, Germany and proud of its 120 employees, is pioneer in the fields of smart card, one-time password, authentication and cryptography. Core of the Kobil philosophy is to empower a complete identity and mobile security management on all platforms and communication channels. Nearly half of Kobil employees work in the development including leading specialists in cryptography. Kobil plays a crucial role in the development of new encryption standards. Companies like: DATEV, Deutscher Bundestag (Federal Diet), IBM, Migros Bank , Socit Gnrale, ZDF and many others trust Kobil. Susanne Mey, M. A. Press Relations KOBIL Systems GmbH Pfortenring 11 67547 Worms Tel: +49 (0) 6241 3004 28 Fax: +49 (0) 6241 3004 80 E-Mail: public-relations@kobil.com Web: http://www.kobil.com .

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