Back to ASBC
Associated Bank's OOBA Provides Greater Protection from Online Threats

Associated Bank has introduced a new service that will provide its business banking customers with additional protection from fraudulent attacks against live online banking sessions. OOBA, which stands for out-of-band authentication, has been touted as a better solution to combat advanced types of fraud.

As the frequency and sophistication of attacks targeting online banking continue to increase, out-of-band authentication is becoming more widely recognized as a best practice for securing online banking sessions. The use of real-time Web services may make it possible for fraudsters to get around some of the roadblocks that companies and their banks have put in their way. Associated Bank’s OOBA verifies the identity of the user by calling them on their landline or mobile phone and requiring the user to enter another personal identification number into their phone.

“In today’s environment every customer has to be security conscious,” said Associated Senior Vice President and Director of Treasury Management Todd Adler. “We are pleased to offer a leading-edge solution that helps protect our business customers and their accounts. This convenient automated solution utilizes technology that our customers have in place and are comfortable using. OOBA means greater protection and quicker detection if someone attempts to compromise our customers’ systems.”

Associated Bank is part of Associated Banc-Corp (NASDAQ: ASBC), headquartered in Green Bay, Wis., a diversified bank holding company with total assets of $23 billion. Associated has approximately 300 banking offices serving an estimated 160 communities in Wisconsin, Minnesota and Illinois. The company offers a full range of traditional banking services and a variety of other financial products and services. More information about Associated Banc-Corp and OOBA is available at www.AssociatedBank.com.

Deposit products are offered by Associated Bank, N.A., Member FDIC.

(c) 2009 Business Wire, Inc., All rights reserved. All of the news releases and other content contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire's members, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. Any copying or reproduction (other than for an individual user's personal reference), redistribution, reposting or other transmission or communication is expressly prohibited without prior written permission of Business Wire, Inc
Back to ASBC
Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki