University of Cambridge spin-out Cronto launches anti-malware banking software with Comdirect Bank AG.

Cronto, a developer of security software for the financial sector, has launched an anti-malware product with Commerzbank subsidiary Comdirect Bank AG.

The software CrontoSign, known as photoTAN in Germany, uses secure visual transaction authentication to provide an extra layer of security for online banking which was developed at the University of Cambridge (UoC). Any transaction will prompt the user to scan a security image on screen with a smartphone running photoTAN, which then recognises the image and releases an authorisation…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?