In alignment with recent technological developments and customer preferences, we are pleased to announce the availability of the LB DIGIPASS Application; enabling clients to securely authenticate online banking transactions using their smartphones.
The app can be downloaded for all Android, IOS and Windows smartphones from the official App Store and Google Play Store, making online banking just as secure and providing even more convenience than before in many ways:
- Secure modern technology available on your mobile device
- Easy activation with QR code reading
- Additional security through fingerprint protection (on supported devices)
- No need to carry an extra device to enable online banking
- No lifetime limitations
- More flexibility for PIN management
- Managing more LB accounts with one application
From now on, all new clients of Loyal Bank will be able to use the LB DIGIPASS Application; physical DIGIPASS devices will not be supplied. Clients currently owning a physical device will still be able to use their devices until its expiration, but they are also free to request the LB DIGIPASS Application as well.
Together with the introduction of the LB DIGIPASS Application, we have also simplified the authentication process. In the future, the Digital Signature function will no longer be needed, as it will be completely replaced with the Digipass Response Code, generated either by the app or physical DIGIPASS.