To the press releases overview

15.05.2018


Erste Bank: New authorisation via app for George online banking

  • The s Identity authorisation process: authorising transactions by app instead of text messages
  • Available now for iOS and Android: the s Identity app
  • More security for online banking

“s Identity” for iOs and Android devices is now available for downloading from app stores. Erste Bank customers can use the app to authorise credit transfers and other tasks online, and to log onto Erste Bank’s online banking platform George. “s Identity” is a state-of-the-art app that replaces the transaction code/text message method and login passwords. It combines improved security with greater user-friendliness.

Early compliance with European regulations through the s Identity app

s Identity has been designed to comply with future EU regulatory requirements that call for even higher security standards in online banking. Strong Customer Authentication (SCA) requires a combination of at least two different and independent components to establish a user’s identity. The s Identity app is technically linked to a specific smartphone and user ID (factor property) in combination with a freely selectable code (factor knowledge). The new requirements for SCA under the revised Payment Services Directive (PSD 2) will come into force in Austria on 14 September 2019; from this date on compliance will be mandatory.