Wultra Launches Talisman Personal Identification Device

Wultra, a provider of authentication and security solutions, has launched Talisman, a personal identity verification device designed to improve the security of online banking.

The Talisman authenticator aims to provide a user-friendly experience, strong protection against phishing and malware, and full compliance with regulatory requirements. Wultra has leveraged its experience in mobile token applications to solve common problems associated with traditional hard tokens, such as cumbersome setup processes and the need to manually enter one-time passwords.

Using FIDO2 technology, the product is designed to seamlessly connect to online services, guiding users through the authentication process via a two-line display. Users can securely approve transactions using their PIN, eliminating the need to manually enter transaction details or verification codes.

Talisman is designed to counter advanced threats, including sophisticated phishing attacks and complex mobile malware. It aims to provide robust security even as artificial intelligence and deepfake technologies become more common. The device is compliant with upcoming regulatory changes, such as the proposed PSD3 directive, which requires diverse and adaptable authentication methods.

How can financial institutions use Talisman?

Banks and fintech companies can implement Talisman in a variety of ways. It offers enhanced security for bank customers, especially SMB owners, and can also be used to protect other sensitive accounts. Wultra has already delivered almost 10,000 devices to pilot banks in Europe, with additional orders in the works, according to an official press release. The device has been praised for its user-friendly interface and ease of implementation via the FIDO2 standard.

Talisman can also be used internally by bank employees for secure authentication when accessing internal services and systems.