SMS for smoother banking
The Short Message Service plays an essential role in strengthening the interactions between start-ups and innovative banks. As a direct and instant communication channel , it allows companies to effectively engage with their customers. From payment or contract reminders to transaction notifications , messages are vital to keeping customers informed about their financial activities . Many companies in the innovative banking sector, such as microcredit specialist Finfrog , use our solutions on a daily basis.
Text messaging is also a channel that greatly simplifies financial processes. SMS By providing users with instant access to their financial information, it speeds up all interactions.
Whether for:
- Filling out forms
- Receive authentication codes
- Make a payment
- Validate the electronic signature of a contract
Our messaging solution, also available via API, can help you reduce barriers to access to financial services. By eliminating delays, oversights and friction, messages improve the fluidity of banking operations .
Security: It is the cornerstone of financial platforms, supported by SMS
Beyond its communication function, the short message is a strategic protection tool that is proving to be particularly effective in the financial sector. It can be found in many different situations:
Two-Factor Authentication (2FA):
SMS Users receive a one-time sms promotional campaign authentication code (One Time Password) from , which they must enter in addition to their password to access their account.
SMS 2FA adds an extra layer of security, verifying the user’s identity and blocking over 99.9% of account compromise attacks .
Transaction Confirmation:
This method, well known for online payments, has been replaced in Europe by 3D Secure, but is still widely used by online financial platforms that issue virtual cards . SMS When the impact of otp on your marketing strategy large payments are initiated, an OTP is sent to the account holder to confirm the transaction, in order to avoid fraudulent transactions .
Electronic signature:
One Time Password is very useful in electronic signature, as it provides a legal guarantee of the identity of the signatory and the integrity of the signed document. One OTP is generated for 1 signatory and 1 contract. The signatory re-enters the code received via message into the contract. This action is the legal basis of consent for a remote signature .
Suspicious connection warnings:
If a suspicious connection is kuwait data detected on a user’s account, a warning message is sent to inform the user and allow them to take quick action to protect their account .
Notification of a major account change:
If a user changes their password or personal information, you can send a short message to confirm the change. This ensures that the account holder is aware of any changes to their information.