Wing Bank (Cambodia) has just integrated IPification one-click phone verification for their users in the country.
Wing Bank, one of the major digital banking players in Cambodia, is using the solution to streamline new user registration. IPification is the leading global provider of mobile IP address-based identity solutions.
Having been founded in 2008, Wing Bank is driven by the vision to provide every Cambodian with convenient and secure access to relevant digital solutions for the improvement of their daily lives. With IPification in their arsenal, they aim to deliver on this promise.
Wing Bank continues to lead Cambodia’s digitalisation by introducing secure and customer-friendly solutions. With IPification, a one-click authentication and fraud-prevention system, the bank is improving its customer experience.
Introducing a one-click mobile identity solution that enables users to verify their phone number, register, and log in within milliseconds. The solution was developed with security, data privacy, and user experience in mind. With this solution, Wing Bank can enhance its mobile banking app’s overall user experience. It will replace the current SMS-based, one-time-password (OTP) system during app activation.
IPification is the leading global provider of mobile IP address-based identity solutions, including authentication, phone number verification, and fraud prevention. Wing Bank has integrated its phone number verification solution to improve the security and user experience of the new user registration flow.
To successfully verify their phone numbers, users input their numbers and request verification with only one click, after which their phone numbers are verified within milliseconds. Since it significantly shortens the time necessary to register, it is expected that Wing Bank will increase its user acquisition rates.
Han Peng Kwan, CEO of Wing Bank said, “Our primary priorities in digital banking are convenience and security, and IPification will let us streamline the authentication process for Wing Bank App users while retaining the app’s security. We will keep our clients updated on the most recent developments, furthering the kingdom’s digital transformation.”
“With its full coverage in Cambodia, we’re very proud to have seen great results in our partnership with one of the fast-growing financial institutions such as Wing Bank. We’d love to thank Wing Bank for their trust and for joining our mobile authentication revolution, it’s amazing to have someone of their stature as a partner,” said Stefan Kostic, IPification CEO.
