Marginalen Bank business development manager Lars Francke said with the Accumulate solution, their customers have a secure, easy to use login to the bank, and in addition it is a very cost effective solution for the bank.

"Thanks to the Accumulate ME platform, we can now quickly and easily add secure and convenient banking and payment services to our customers", Francke added.

Swedish bank said that consumers can avail the new services by starting the application on their mobile phone and can login by entering the code in the login box on the online bank seen on their mobile phone, said the bank.

Accumulate CEO Stefan Hultberg said Marginalen Bank is an exciting and innovative bank and this project is a further proof of how their patented processes and technology enables new, secure and innovative mobile services.

The login is carried out without seeking sensitive information, such as personal ID-number, to be entered on the Web, which also provides protection from Trojans, and so called "key loggers".

The login solution works with most mobile phones including Android, Blackberry, iPhone, Java, Symbian and Windows Phone, said Accumulate.