The technology provides a secure and convenient way for HSBC customers to carry out their online transactions.
More than 90,000 account holders currently use their mobile device to access all self-service channels to execute financial transactions.
Designed for large scale deployment, the DIGIPASS for Mobile is a cost efficient service and facilitates access and use of the HSBC banking services for customers.
Capable of being fully operational even at different time zones, the mobile technology offers synchronization between server and platform time considering "daylight savings time."
HSBC Digital Channels director Marcello Veronese said, "VASCO’s DIGIPASS for Mobile enables HSBC Bank Brazil to position itself as a highly innovative bank in one of the most competitive markets in the world of technology solutions, playing a pioneer role worldwide."
The customer will be provided with one-time passwords (OTPs) following the DIGIPASS for Mobile application download on respective mobile device.