Belgium`s leading banks and mobile network operators have collaborated to create an app that replaces various usernames and passwords with a single co
Belgium`s leading banks and mobile network operators have collaborated to create an app that replaces various usernames and passwords with a single code or fingerprint.
The application was reportedly developed by banks Belfius, BNP Paribas Fortis, KBC/CBC and ING and telecoms Orange, Proximus and Telenet, as Finextra (finextra.com) reported.
The service aims to replace the lists of passwords, user names, tokens and card readers that are now used by Belgians who access their finances on the Internet.
How it works?
Users have to download the app and then enter the five digit code in the form presented by the participating website that requires some form of security. The app checks the code, the handset and its SIM card to ID the user, as the article explained.
“Download and install the app on your mobile now and immediately start working with your digital ID. Be a pioneer in this digital revolution!”, according to the itsme website where users can find a “Getting Started” guide.
The app was launched earlier this year and can now be used by ING customers who wish to sign easily into their accounts and approve transactions, as Finextra noted.
Belgians are expected to use itsme for government services like tax returns later this year. A number of insurance companies and retailers have also considered singing on, as the online media observed.