ABA Bank and Smart Axiata continue to lead Cambodia’s digitalization by introducing the secure and customer-friendly solution for users’ identification and protection with IPification, a one-click registration, authentication and fraud-prevention system.
ABA Bank will introduce the seamless IPification technology to the subscribers of Smart Axiata, Cambodia’s leading telecommunications operator, soon followed by other operators in the country.
IPification is a one-click mobile identity solution that enables end users to verify their phone number, register and log in within milliseconds. Developed with security, user experience and data privacy in mind, it will allow ABA Bank to enhance the user experience on its mobile banking app and will be used instead of the SMS-based, one-time-password (OTP) system currently in place in the app activation process.
Having received numerous awards for its excellence over the last decade from financial magazines such as The Banker, Global Finance and Euromoney, ABA Bank has grown to become one of the top commercial banks and digital banking leaders in Cambodia, offering an entire spectrum of services to individuals, microbusinesses and SMEs.
Smart Axiata subscribers who are ABA Mobile users will be the first to experience the seamless mobile authentication solution, IPification, for their mobile banking needs starting from mid-October 2021.
Thomas Hundt, Smart Axiata CEO
Introducing the latest technologies and solutions to benefit users, both consumers and businesses, has always been a primary objective of Smart Axiata. Our partnership with Benefit Vantage Limited is yet another example of the role mobile operators play as key enabler in developing the economy and technology landscape in the Kingdom.
Stefan Kostic, IPification CEO
To further improve their advanced mobile banking solution, ABA is integrating IPification for frictionless user registration and authentication.authentication solution that doesn’t compromise security, user experience or data privacy.
