ArrayShield To Provide Add-On Security To Vayana Banking Platform

ArrayShield, the provider of innovative pattern based two factor authentication products, has announced that it has formed a strategic partnership with Vayana, to provide ArrayShield’s Two Factor Authentication technology as an add-on offering to Vayana’s online banking platform - SolutionNET. SolutionNET platform is being used by leading banks in India, Middle East and Africa.

ArrayShield’s solution is based on its patent pending technology that allows users to authenticate themselves by remembering a pattern and using a translucent credit card sized card. By integrating ArrayShield’s 2FA solution, Vayana will be able to offer its customers an enhanced level of scalable security at a very competitive price point, whilst enhancing the user experience.

Vayana, with already established long-term relationships with leading banking and finance institutions in India and abroad offers delivery channels for corporate and retail banking with flexible and scalable solutions delivering critical time to market advantage.

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SolutionNET’s product platform is built based on revolutionary themes that propel a complete change in the way channels need to get architected. The platform includes features that are crucial in today’s world such as portfolio and personal financial management in retail, authorisation/verification matrix as well as receivables and liquidity management for corporate. This partnership allows Vayana to offer banking institutions an integrated and unique solution providing authentication security with ArrayShield’s best of breed authentication technology.

Pavan Thatha, CEO, ArrayShield said, “We believe that this partnership will bring an added value to both our joint customers and prospects. Together with Vayana we can provide the best of breed technologies to the regional market enabling customers to integrate high-level security and gain competitive advantage by boosting their customers’ trust.”

Srikanth KS, Global Head of PreSales & Delivery, Vayana said, “ArrayShield is a unique concept and we see great potential in this technology as our customers are always looking for enhanced security. We have already started seeing good interest from our customers and prospects for ArrayShield’s technology offering. We look forward for a win-win partnership with ArrayShield.”