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2017-02-08

VASCO to Showcase Mobile Customer Up Selling Innovation at Finovate Europe

e Customer Up Selling Innovation at Finovate Europe

Smile & Sign harnesses the power of selfie authentication, fraud analysis and
e-signature technology to help financial institutions deliver an easy and
secure mobile up selling experience for existing customers

OAKBROOK TERRACE, Ill. and LONDON, 2017-02-08 09:00 CET (GLOBE NEWSWIRE) --
VASCO® Data Security International, Inc. (NASDAQ:VDSI), a global leader in
digital solutions including identity, security and business productivity, will
demonstrate its innovative solution, Smile & Sign, today at Finovate Europe
2017 in London. Leveraging best-in-class technologies, including face
authentication biometrics and eSignLive™ e-signatures, the solution empowers
financial institutions to deliver a secure yet convenient mobile up selling
experience for existing customers.

Organizations seek to strike a balance between security and user experience for
mobile applications. Smile & Sign helps organizations achieve this balance in
today’s mobile-centric world by leveraging core pieces of VASCO’s DIGIPASS for
Apps, a library of APIs that natively integrates application security,
biometric authentication, risk analysis and now includes the eSignLive mobile
SDK. Using next-generation “selfie” authentication and mobile e-signatures,
Smile & Sign turbocharges mobile apps to help prevent fraud and give a bank’s
existing customers instant access to additional banking products, including
applying for personal loans, credit applications and other retail financing.

“Consumer desire for convenience, ease of use and anytime, anywhere transacting
is driving organizations to take a mobile-first approach to business,” said
VASCO President and COO, Scott Clements. “Now organizations can adopt Smile &
Sign to deliver that experience in a way that consumers want while delivering
frictionless security in their mobile channels.”

Organizations can build Smile & Sign into an existing banking app to upsell to
customers, enabling them to apply for instant access to credit or other
financing. To do so, the customer opens the financial institution’s app and
enters the amount of credit desired, then takes a “selfie” and signs on the
phone’s screen.

While the new solution simplifies the customer experience, in the background
VASCO’s proven authentication, fraud analytics and secure communication
technology work together to validate the transaction before approval and access
to credit. The solution also captures intent in a legally binding way compliant
with the EU’s eIDAS regulation, provides comprehensive audit trails and
supports a bank’s mobile-first initiative.

Finovate selected Smile & Sign as one of 70 innovations from around the world
for demonstration in front of more than 1,500 fintech innovators. On February
8, VASCO will demonstrate how to easily deliver a secure yet frictionless
mobile up selling experience.

Those interested may find out more by booking a meeting with VASCO at
www.vasco.com/news/finovate-europe-2017.

About VASCO
VASCO is a global leader in delivering trust and business productivity
solutions to the digital market. VASCO develops next generation technologies
that enable more than 10,000 customers in 100 countries in financial,
enterprise, government, healthcare and other segments to achieve their digital
agenda, deliver an enhanced customer experience and meet regulatory
requirements. More than half of the top 100 global banks rely on VASCO
solutions to protect their online, mobile, and ATM channels. VASCO’s solutions
combine to form a powerful trust platform that empowers businesses by
incorporating identity, fraud prevention, electronic signatures, mobile
application protection and risk analysis. Learn more about VASCO at VASCO.com
and on Twitter, LinkedIn and Facebook.

Copyright © 2017 VASCO Data Security, Inc., VASCO Data Security International
GmbH. All rights reserved. VASCO®, CRONTO® and DIGIPASS® are registered
trademarks of VASCO Data Security, Inc. and/or VASCO Data Security
International GmbH in the U.S. and other countries.

VASCO Data Security Contact:

Corporate Communications:
Sarah Hanel
+1-250-216-1762
sarah.hanel@vasco.com

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