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Development of Secure Desktop Authentication Token for Financial Transactions
  1. case
  2. Development of Secure Desktop Authentication Token for Financial Transactions

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Development of Secure Desktop Authentication Token for Financial Transactions

future-processing.com
Financial services
Information technology

Challenges in Authentication and Regulatory Compliance

Existing mobile-only token solution caused usability issues for corporate users without company phones. New PSD2 regulations required immediate implementation of two-factor authentication for electronic payments, while internal development capacities lacked specific technical expertise for secure desktop implementation.

About the Client

Digital banking solutions provider specializing in highly usable, innovative products for banks and financial institutions, focusing on digital transformation and corporate banking solutions.

Key Development Goals

  • Create cross-platform desktop authentication token (Windows/macOS)
  • Ensure compliance with PSD2 and EBICS standards
  • Eliminate dependency on additional hardware tokens
  • Maintain security while improving user experience
  • Deliver solution within 5-month timeframe

Core System Capabilities

  • Two-factor authentication via software token
  • RSA key storage on local device
  • Cross-platform support (Windows 10+/macOS 11+)
  • Integration with banking transaction systems
  • User-friendly interface for corporate clients

Technology Stack

Electron
React
TypeScript
Cryptographic algorithms (RSA, AES)

System Integrations

  • EBICS banking protocol
  • Existing mobile token infrastructure
  • Banking core systems APIs

Critical Requirements

  • FIPS 140-2 cryptographic compliance
  • PSD2 regulatory adherence
  • Sub-200ms authentication latency
  • Zero-trust security architecture
  • Automated security updates

Business Impact

Enables banks to offer secure desktop authentication, reducing hardware token logistics costs by 60%. Complies with European payment regulations while improving user experience for corporate clients without company-issued mobile devices. Simplifies maintenance through centralized security management.

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