SINGAPORE – OTP Banka, one of Serbia’s leading banks, has just integrated the IPification 1-click Phone Number Verification solution. Designed to streamline user sign-ups, OTP Banka customers can now verify their phone numbers in milliseconds with one single click. IPification is the leading global provider of mobile network-based authentication, phone verification, and fraud prevention solutions.
A member of the fast-growing OTP Group from Hungary, OTP Banka prides itself on the biggest network of 153 bank branches in 91 cities in Serbia. OTP Banka places a strong emphasis on innovation and digital transformation, striving to provide its clients with new benefits, particularly by enhancing digital and mobile banking services and elevating the user experience.
With IPification Phone Number Verification in its arsenal, OTP Banka is further refining its mBanking onboarding user experience and security. Thanks to its partnerships with mobile network operators, IPification assigns each user with their unique Mobile ID Key made of device, SIM card and network data. To verify their identity, users have to enter their phone number and click once, after which the process is completed within milliseconds.
“We are excited to partner with OTP Banka and bring our advanced 1-click Phone Number Verification solution to their customers. OTP Banka’s strong focus on innovation and enhancing the user experience aligns perfectly with our mission to provide secure, seamless, and efficient mobile authentication. Their commitment to digital transformation and improving mobile banking services is truly impressive, and we’re proud to support them in refining their onboarding process and elevating their customers’ security and experience,” said Stefan Kostić, IPification CEO.
OTP Banka was recognized as the best bank in Serbia for digitalization and SME banking by the prestigious Euromoney magazine. The integration of IPification into its mobile app only further solidifies their role as one of the user-centric innovation leaders in the country.
“Keeping our customers safe while making banking simple is always our priority. With IPification’s 1-click Phone Number Verification, we’re adding an extra layer of security against phishing and fraud, without making things complicated for our users. This technology helps us ensure that mobile banking stays both secure and effortless, so our customers can bank with confidence. At OTP Banka Serbia, we’re always looking for smart solutions that improve both security and convenience,” added Bojan Pokrajac, Omnichannel Senior Chapter Lead at OTP Banka.
