Mobile ID (Mobile ID) can eliminate the potential risks of legacy authentication methods.
Mobile ID solution of Vietnammobile Vietnamobile and IPification have just announced the launch of Mobile ID service in Vietnam – The ultimate authentication solution for smartphone transactions for Vietnamobile subscribers. Instead of traditional authentication steps that still contain many risks such as providing phone numbers and SMS OTP authentication, users only need to authorize Vietnamobile to authenticate the device’s ID; Transactions on mobile phones will be automatically verified and secured by Vietnamobile. According to information, the service will soon be integrated for Vietnamobile users. According to the US National Institute of Standards and Technology (NIST), SMS authentication is not secure enough. Hackers can hack to transfer SMS messages to phone numbers that do not belong to the owner. These tricks are so sophisticated that you won’t even know your messages have been stolen. NIST also warns that phone numbers registered on applications such as Facebook Messenger, Viber are likely to be hacked and reveal the verification code on SMS. An alternative solution is to use 2-layer security or use a security code from a token device. However, this method is quite complicated and causes interruptions in transactions, so most users find it very annoying. The Mobile ID service uses the technology of IPification. This is predicted to be the foundation for mobile authentication now and in the future. Mobile ID enables the authentication of compatible mobile users by verifying the device, SIM and phone number via IP address, intended to prevent fraud in mobile registration and transaction approval. Mobile ID service requires no additional settings, no need to enter a password, and does not require any action from the user. A representative of Vietnamobile said, “The number of Vietnamobile subscribers for online transactions has grown rapidly. In light of this trend, we look forward to providing our subscribers with a safe and convenient online trading platform.” Vietnamobile’s Mobile ID security solution was born to meet the mobile reality when all online activities and transactions of customers are done on smartphones. “We want our customers to be able to enjoy the best solution in terms of security, identity authentication, payment, login,” he said. Mr. Stefan Kostic, CEO of IPification shared. “As the number of online user activities globally is skyrocketing, we will provide the most secure, yet seamless authentication and transaction validation solution for Vietnamobile users.” MobiIPification Pification solution is trusted by leading telecommunications, technology, payment and OTT companies such as Microsoft, GBG, DataZoo, 3HongKong, Axiata Digital. Currently, IPification’s solution has reached more than 550 million devices in 18 markets globally. PV
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