Link: webitpr – online press release distribution and monitoring.
Enterprise-quality SMS operator TynTec today announces the launch of a new solution to guarantee secure, scalable and reliable SMS delivery for the financial services sector. The new Banking Grade SMS solution uses TynTec’s unique technology infrastructure to enable banks to send customers’ information via SMS reliably, quickly and securely. This means financial institutions are now able to distribute account information such as balance statements, overdraft alerts, transaction notifications and authentication information for services such as online banking through a secure and reliable mobile interface.
Guaranteed delivery within 15 seconds to 340 networks across 140 countries…
yeah we’ve got a secure server too, and talk to our tier one aggregator over a secure link! and they even offer us guaranteed/SLA’d delivery to 400’odd networks. Hardly bloody “unique” is it. God bless PR people 😉
But good luck to Tyntec in that sector, would be good to see the banks catch up with this mobile technology lark! But not our target at all, I’d much rather chat to lovely marketing types about sexy mobile campaigns than discuss conformance and security issues with banking types (been there in a previous life)…each to their own I guess…
cheers
steve
As someone who rather delightfully now gets texts from their bank, why they need to send secure messages. The ones I get are so undecipherable it needs an Enigma machine just to figure out what my balance is from the pile of random characters on the screen. Encryption by confusion.. maybe it’ll catch on?
Anyway as Steve says, it’s all PR bull. What happens when it leaves their platform, how do they guarantee the security?
So now I can just go to … say… textanonymous.com and make it look like I am the bank sending some important information to a customer. Then perhaps I will add at the end of the message to visit a special web address or to reply to a certain number?
This is subject to the same issues as email, someone can pretend to be someone else and simply phish for information.
To be honest, until the providers actually make the sending and recieveing of text more secure within the mobile networks themselves, we are not going to have a secure way of doing this aside from going into the bank and doing it there, which to be honest negates the joy of doing things from wherever you are 24 / 7