Cronto's Visual Transaction Signing Excels in Usability Study [DE] [FR]

Commerzbank's online banking customers choose CrontoSign solution

CAMBRIDGE, England - 10th August, 2011 - Customers prefer to secure their online banking with CrontoSign(tm) in a recent Usability Study commissioned by Commerzbank AG, the second largest bank in Germany, and undertaken by an independent Customer Experience Management company: SirValUse Consulting GmbH. The full usability report is available at www.cronto.com.

A representative group of Commerzbank online banking customers took part in the study, marking the user experience of the CrontoSign mobile application and standalone hardware device, chipTAN smartcard readers: traditional (manual entry) and modern (flicker) versions, and mTAN (SMS TAN) for ease of use, performance, aesthetics and innovation. The security solutions were tested in various online banking use-cases, including domestic and international transfers.

CrontoSign produced overwhelmingly positive feedback; it was commended for speed and simplicity, as well as its innovation and originality. It was also consistently voted as the preferred solution, even when offered with a cost to the end customer. By comparison, some solutions experienced a dramatic decrease in popularity when a charge was introduced.

The CrontoSign user experience came out top in all criteria, across a spectrum of user demographics - thus proving that the Cronto solution is simple to use for all customer segments, and overcoming the challenges of enhancing security without compromising usability.

David Kreuzinger, Head of Online & Mobile Banking at Commerzbank AG, is extremely satisfied with the results: "This independent study has reinforced the positive feedback from our photoTAN(r) deployment; proving that Cronto delivers excellent customer satisfaction, whilst achieving a new level of security for retail online banking."

David Kreuzinger and Igor Drokov, CEO, Cronto, will be speaking about 'Visual Transaction Signing: Usability of Secure Online Banking, the Commerzbank Experience', at the leading industry event: CARTES and IDentification 2011, on the 16th November in Paris, France.

About Cronto Limited
Cronto Limited is a leading provider of secure visual transaction authentication solutions for online banking, based upon CrontoSign Visual Signing Technology born out of leading edge engineering research undertaken at the University of Cambridge. For more information, visit www.cronto.com.

Contact Information
Anni Maxx
Cronto Limited
Phone: +44 1223 750001
Email: pr@cronto.com
www.cronto.com