VASCO - Press Releases

Fiserv and VASCO Combat Online Fraud in U.S. Banking Sector

pr@vasco.com — Wed, 17 Jan 2007 09:00:00 GMT

Fiserv and VASCO Combat Online Fraud in U.S. Banking Sector

Companies Expect Continued Growth in 2007

OAKBROOK TERRACE, Ill., and BRUSSELS, Belgium, - January 17, 2007 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), the world’s number-one vendor of software and hardware strong user authentication and e-signature solutions, has announced that more than 100 U.S. financial institutions have integrated VASCO solutions into their Internet banking offerings. VASCO’s alliance with Fiserv, Inc. (Nasdaq: FISV), a U.S. Fortune 500 company that provides information management systems and services to the financial industry, has been a catalyst for the growth.

Several of Fiserv’s business units have deployed VASCO’s VACMAN Controller software, including Information Technology, Inc. (ITI), Precision Computer Systems (PCS), eSolutions and Fiserv CBS Worldwide. “With a combination of unique features, including website authentication, challenge-response and digital signatures, VASCO’s solutions are very effective at helping protect Fiserv clients from fraud,” said eSolutions General Manager Jamie Deterding.

Two of VASCO’s renowned Digipass client authentication products are offered to Fiserv’s clients: Digipass GO3, VASCO’s top-selling hardware authenticator that generates one-time passwords and host authentication codes, and Digipass 260, which is used as an effective tool against phishing and pharming. Digipass 260 is a pin-protected authentication device that also has the ability to calculate e-signatures, making the system immune to man-in-the-middle attacks.

With the successes of 2006, expectations are high for continued growth next year, including new applications that require advanced authentication in the foreseeable future. “U.S. banks of all types and sizes are looking for a means to make electronic banking safer,” said Jan Valcke, VASCO’s President and COO. “The partnership between Fiserv and VASCO has given many banks an integrated system to provide a secure, convenient, and user-friendly electronic banking experience. We are happy to see that our combined efforts result in a more secure channel for electronic banking.”

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About Fiserv Inc.
Fiserv Inc. (Nasdaq: FISV), a Fortune 500 company, provides information management systems and services to the financial and health benefits industries. Leading services include transaction processing, outsourcing, business process outsourcing (BPO), software and systems solutions. The company serves more than 17,000 clients worldwide and is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. Fiserv Health provides health plan management, pharmacy benefits management and BPO services to the managed care market and self-funded commercial and government employers and health plans. Headquartered in Brookfield, Wis., Fiserv reported more than $4 billion in total revenue for 2005. For more information, please visit www.fiserv.com.

About VASCO
VASCO designs, develops, markets and supports patented user authentication products for the financial world, remote access, e-business and e-commerce. VASCO’s user authentication software is delivered via its Digipass hardware and software security products. With more than 28 million Digipass products sold and delivered, VASCO has established itself as a world-leader for strong user authentication, with in excess of 550 international financial institutions and approximately 3,300 blue-chip corporations and governments located in more than 100 countries.

Forward Looking Statements
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as “believes,” “anticipates,” “plans,” “expects,” and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

Reference is made to the Company's public filings with the U.S. Securities and Exchange Commission.

For further information regarding the Company and its operations, contact VASCO, Jochem Binst, +32.2.609.9700 or jbinst@vasco.com

KBC Bank (Belgium) Offers Secure Retail E-banking and E-Commerce with Digipass 810

pr@vasco.com — Tue, 09 Jan 2007 09:00:00 GMT

KBC Bank (Belgium) Offers Secure Retail E-banking and E-Commerce with Digipass 810

Top-Three Belgian Bank Trusts on Combination Debit Smart Card & Digipass 810; KBC’s Online Retail Customer Bases in 2007 to be Protected with Digipass; KBC’s subsidiaries CBC Banque & Centea to follow.

OAKBROOK TERRACE, Ill. and BRUSSELS, BELGIUM—January 09, 2007 -- VASCO Data Security International, Inc. (www.vasco.com) (Nasdaq: VDSI), the global number one vendor of strong user authentication and e-signature producs, today announced that leading Belgian KBC Bank (www.kbc.be) will gradually distribute VASCO’s Digipass 810 Unconnected Smart Card Reader to its 500,000 online users throughout 2007. KBC e-customers will use Digipass 810 in conjunction with the KBC debit smart card for e-banking as well as e-commerce.

KBC Bank is part of KBC Group, which is one of the leading financial groups in Europe. A multi-channel bancassurance group with a geographic focus on Europe, it caters mainly for retail and private banking customers and small and medium-sized enterprises. Besides focusing on providing retail and private bancassurance services, it is also active in asset management, the provision of corporate services and market activities.

KBC occupies significant, even leading positions in its two home markets of Belgium and Central Europe and has an extensive private banking network operating under the European Private Bankers concept. It has also selectively established a presence in a number of other countries and regions around the world.

KBC Group is listed on Euronext Brussels (ticker symbol ’KBC’) and the Luxembourg Stock Exchange. With a market capitalisation of around 32 billion euros, KBC is one of the top Belgian companies and one of the leading financial groups in Europe, employing 50 000 staff and catering for 12 million customers.

Digipass 810, or KBC Card Reader as the product is named by KBC, is a modern and trustworthy unconnected Personal Card Reader product platform designed to be used for non-face-to-face strong authentication in Internet banking. Digipass 810’s unique selling points are its extreme reliability and its user friendliness. Learn more about Digipass 810 at http://www.vasco.com/digipass_810 .
“We choose VASCO because of the impressive strong authentication package they offered,” said Kristof Browaeys, E-channel Manager at KBC Bank. “Digipass 810 has some important advantages: it brings our clients a high level of security, without any software installation at the end user’s side. To bank or shop online our clients now only need an Internet Connection, their debit card and a KBC Card Reader. Because the security technique is linked to the debit card, our clients don’t have to remember any passwords either, just their PIN code. The fact that Digipass 810 is a universal reader makes the mass deployment of the card reader a lot easier for KBC”.
“It is our pleasure to welcome a leading Belgian bank as KBC as our customer,” said Jan Valcke, VASCO’s President and COO. “The application possibilities of debit cards are growing, so we applaud KBC’s visionary approach to online banking as well as e-commerce. With the extra security layer of Digipass 810, KBC clients can bank and shop online without worrying.”

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About VASCO: VASCO designs, develops, markets and supports patented user authentication products for the financial world, remote access, e-business and e-commerce. VASCO’s user authentication software is delivered via its Digipass hardware and software security products. With over 28 million Digipass products sold and delivered, VASCO has established itself as a world-leader for strong User Authentication with over 550 international financial institutions and approximately 3,300 blue-chip corporations and governments located in more than 100 countries.

Reference is made to the Company’s public filings with the US Securities and Exchange Commission for further information regarding the Company and its operations.

For more information contact:
VASCO: Jochem Binst, +32 2 609 97 00, jbinst@vasco.com

KBC: Viviane Huybrecht, Head of Group Communication and Press Office/ Spokesperson,
+32 2 429 85 45, viviane.huybrecht@kbc.be or pressofficekbc@kbc.be

AIB (Allied Irish Banks) to use VASCO's Alphanumeric Digipass 550 and VACMAN Controller Strong Authentication for Corporate and Business Internet Banking

pr@vasco.com — Tue, 04 Jan 2007 09:00:00 GMT

AIB (Allied Irish Banks) to use VASCO’s Alphanumeric Digipass 550 and VACMAN Controller Strong Authentication for Corporate and Business Internet Banking

Leading Irish bank is first to use Alphanumeric Digipass/VACMAN Controller transaction signature; all iBB (Internet Business Banking) customers in Ireland, Northern Ireland and Great Britain to be secured with Digipass 550.

OAKBROOK TERRACE, Ill., and BRUSSELS, Belgium, January 4, 2007 - VASCO Data Security International, Inc. (NASDAQ: VDSI), (www.vasco.com ), the global number one vendor of strong user authentication products, today announced that Allied Irish Bank (www.aib.ie ) will use Digipass 550 and VACMAN Controller to secure its customers’ assets. AIB is the first financial institution to use the brand new alphanumeric Digipass. This allows the transaction signature to be generated using both numeric and alpha characters, which are commonplace in both the BIC and the IBAN.

AIB Group is Ireland’s leading banking and financial services organisation. It operates principally in Ireland, Britain, Poland and the USA. It employs more than 24,000 people worldwide in more than 750 offices.

VASCO’s Digipass 550 is a PIN protected Digipass client authentication product that provides one-time passwords, e-signatures and unique host authentication. Learn more about Digipass 550 at http://www.vasco.com/digipass-550

AIB’s corporate and business customers in Ireland and the UK will be able to perform online banking transactions in an even more secure and user friendly way. To access their accounts, customers will be able to use a Digipass-generated one-time password. To secure online payments, AIB’s customers will be able to use the brand new and extra secure alphanumeric transaction signature functionality.

Transactions will be secured using elements of the Account No. (or IBAN) and the beneficiary BIC (or Sort code), including alphanumeric characters. Based on these details, Digipass 550 will generate a transaction data signature, which the user must input for validation by the VACMAN server. The combination of Digipass generated one-time password and transaction signature offers leading edge protection against phishing and man-in-the-middle attacks.

The alphanumeric Digipass functionality is the result of key collaboration between AIB and VASCO. VASCO has developed this brand new functionality à la carte, at the request of the customer. VASCO continues to prove its claim of being the full option, all-terrain authentication company.

“Our customers’ security is of paramount importance to AIB, however the collective challenge we faced was to ensure we employed a solution which would also be in line with SEPA”, said Seán Jevens, Head of eChannel Development with AIB. “We opted for VASCO because of their track record in the financial sector and for their open and flexible approach. VASCO’s VACMAN Controller and Digipass products fully meet that description.”

“AIB is the first financial institution to offer its corporate customers alphanumeric Digipass transaction signatures,” said Jan Valcke, VASCO’s President and COO. “We developed the new Digipass alpha signing functionality in collaboration with our customer. This partnership approach is one of the strongest assets of VASCO and will lead to a more secure Internet environment for AIB’s customers.”

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Reference is made to the Company's public filings with the US Securities and Exchange Commission for further information regarding the Company and its operations.

For more information contact:
Jochem Binst, +32 2 609 97 40, jbinst[at]vasco[dot]com

VASCO to Host Annual Investor and Media Conference in New York

pr@vasco.com — Tue, 20 Dec 2006 09:00:00 GMT

VASCO to Host Annual Investor and Media Conference in New York

Strategic Direction for 2007 to be communicated; Introduction of new Products in the U.S. Market; Customer Testimonials

OAKBROOK TERRACE, Ill., and BRUSSELS, Belgium, December 20, 2005 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), the global number one vendor of strong user authentication products, today announced that it will hold its Annual Investor and Media Conference on January 31 in New York, Hilton Hotel, Times Square. The event will start at 11.30 am.

During the event, VASCO will make an evaluation of its evolution towards the Full Option, All-Terrain Authentication Company and will announce its strategic direction for the future. In addition, VASCO customers will share their experiences with VASCO’s products. More details about the agenda of the event will be communicated shortly.

Participation to the event is limited to media, business & financial analysts, brokers and portfolio managers.
Subscribe online at http://www.vasco.com/events/events.html .

The Investor and Media Conference precedes VASCO’s Banking Summit, on Thursday (February 1) and Friday (February 2). Access to the Banking Summit is limited to bank prospects and guest speakers.

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Reference is made to the Company’s public filings with the US Securities and Exchange Commission for further information regarding the Company and its operations.

For more information contact:
VASCO: Jochem Binst, +32 2 609 97 00, jbinst@vasco.com

VASCO Launches Digipass GO 5 and GO6 Strong Authentication Devices

pr@vasco.com — Tue, 12 Dec 2006 09:00:00 GMT

VASCO Launches Digipass GO 5 and GO6 Strong Authentication Devices

Important Strengthening of Digipass “GO” one-button product line; Robust and Waterproof Digipass GO5 and GO6 Contribute to VASCO’s “Full Option, All-Terrain” Product Strategy

OAKBROOK TERRACE, Ill., and BRUSSELS, Belgium, - December 12, 2006 - VASCO Data Security International, Inc. (www.vasco.com) (Nasdaq: VDSI), the global number one vendor of strong user authentication and e-signature products, today announced that it has launched Digipass GO 5 and Digipass GO 6 Strong Authentication products. With the launch, VASCO strengthens its hardware authentication offerings for the financial world and the Enterprise Security sector.

Both new products are hardware one-button Digipass authentication devices, modelled on the successful Digipass GO3 and GO1. They share functionalities such as one-time password authentication and host authentication. Digipass GO5 and GO6 are future-proof, supporting the AES algorithm, the newest standard in public algorithms. In addition, both Digipass family members are waterproof.

High resolution pictures of Digipass GO5 and GO6 are available on http://www.vasco.com/products/range.html

“The development of Digipass GO5 and GO6 is another proof of VASCO’s evolution towards the Full-Option, All-Terrain Authentication Company,” said Jan Valcke, VASCO’s President and COO. “Based on one unique server platform, VACMAN Controller, almost 50 different client authentication products can be used “à la carte”, by any type or size of company or institution. With the addition of Digipass G05 and GO6, VASCO reinforces its client authentication offerings, and strengthens the flexibility and abundance of its product offerings.”

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Reference is made to the Company's public filings with the US Securities and Exchange Commission for further information regarding the Company and its operations.

For more information contact:
VASCO: Jochem Binst, +32 2 609 97 00, jbinst@vasco.com

VASCO Strengthens Enterprise Security Offerings with VACMAN Middleware 3.0

pr@vasco.com — Wed, 06 Dec 2006 09:00:00 GMT

VASCO Strengthens Enterprise Security Offerings with VACMAN Middleware 3.0

Enhanced Scalability Strengthens VASCO’s Large Enterprise Market Offerings; Ease of Implementation and Administration are Important Assets of VACMAN Middleware 3.0; Embedded Virtual Digipass Ideal Authentication Back-Up System

OAKBROOK TERRACE, Ill. and BRUSSELS, BELGIUM— December 6, 2006 -- VASCO Data Security International, Inc. (www.vasco.com) (Nasdaq: VDSI), the global number one vendor of strong user authentication and e-signature products, today launched VACMAN Middleware 3.0, the authentication server backbone of its Enterprise Security products.

As the Full Option, All-Terrain Authentication Company, it is VASCO’s mission to make its products available for any type of company or institution. VACMAN Middleware 3.0 fits perfectly in this strategy. VASCO’s server side authentication product aims at any enterprise or institution, from the smallest SME (Small & Medium Sized Enterprise) to the largest Fortune 500-company. The ease of implementation and management are important assets of VACMAN Middleware, making it a truly hassle-free authentication engine.

Important features of VACMAN Middleware are:

works in both RADIUS and Web environments;
supports all Digipass client authentication products;
ease of integration: VACMAN Middleware can be installed in 30 minutes time;
easy to administer and to audit;
Virtual Digipass (one-time password via text message) support;
enhanced active directory
available from 10 to more than 10,000 users

“With VACMAN Middleware 3.0 we strengthen our authentication offerings for the Enterprise Security sector,” said Jan Valcke, VASCO’s President and COO. “We expect that VACMAN Middleware will make us even more successful in that important market segment.”

VACMAN Middleware will be immediately available via VASCO’s global indirect sales network of distributors and resellers.

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Reference is made to the Company's public filings with the US Securities and Exchange Commission for further information regarding the Company and its operations.

For more information contact:
VASCO: Jochem Binst, +32 2 609 97 00, jbinst@vasco.com