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Profile: VASCO Data Security International Inc (VDSI.O)

VDSI.O on Consolidated Issue listed on NASDAQ Capital Market

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27 May 2016
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VASCO Data Security International, Inc. (VASCO), incorporated on July 15, 1997, is an information technology (IT) security company that designs, develops and markets security solutions that secure and manage access to digital assets, and facilitate transactions online, via mobile devices, and in-person. The Company provides two-factor authentication and electronic signature solutions to financial institutions. The Company's solutions provide access to data, assets and applications for global enterprises. The Company also provides tools for application developers to integrate security functions into their Web-based and mobile applications. The Company facilitates digital transactions involving the signing, sending and managing of documents. The Company's security solutions include both open standards-based and proprietary solutions.

The Company's products enable secure financial transactions over private enterprise networks and public networks, such as the Internet. The Company's user authentication is delivered through its hardware and software DIGIPASS security products (DIGIPASSES), many of which incorporate an electronic and digital signature capability, which further protects the integrity of electronic transactions and data transmissions. Some of its DIGIPASSES are compliant with the Europay MasterCard Visa (EMV) standard and are compatible with the MasterCard and VISA Chip Authentication Program (CAP). VASCO's primary product and service lines include Host System products, which are typically a component of an organization's IT infrastructure and Client Authenticators, which are devices used by end users for authentication. VASCO also offers additional product and service lines, including three categories of solutions; Developer Tools, which are typically used by organizations developing mobile applications; Risk Analysis Products, which are used to identify and mitigate the risk of fraud, and e-signature solutions, which are used to sign, send, and mange documents.

Host System Products

The Company's Host System products include VACMAN Controller, which is the Core host system software authentication platform that combines all technologies on one platform; IDENTIKEY Authentication Server, which is a software that adds full server functionality to the VACMAN core authentication platform, and Cloud Services, which includes Authentication and digital signature software services for Web and mobile application developers run on VASCO's servers. This includes the Company's DIGIPASS as a Service solution for cloud-based authentication services primarily for enterprise customers and its MYDIGIPASS solution for end user authentication in the cloud. The Company offers its Host System products in one of two models, an on-premise model or an in-the-cloud services model.

Client Authenticator Products

The Company's Client Authenticator Products include DIGIPASS Hardware Authenticators and DIGIPASS Software Authenticators. DIGIPASS Hardware Authenticators includes a family of multi-application hardware authenticators in a variety of form factors and feature sets to meet the diverse security needs of clients across multiple vertical markets. The hardware form factors include one-button, e-signature, card reader, PKI and Bluetooth enabled devices. The DIGIPASS Software Authenticators run on existing non-VASCO devices, such as personal computers (PCs), mobile phones and tablets. These authenticators include DIGIPASS for Applications (a library of security APIs for mobile applications) and DIGIPASS for Mobile (a security application for mobile devices).

Developer Tools

The Company's Developer Tools are used by application developers to increase the security of their mobile applications. In addition to being a client authentication device when downloaded onto a mobile device, DIGIPASS for Apps is also a software development kit that allows software developers to integrate application security elements and other security features into mobile applications.

Risk Analysis Products

IDENTIKEY Risk Manager (IRM) is an anti-fraud solution, which detects fraud across multiple channels. IRM uses analytic techniques, such as Neural Network implementations to score real-time transaction activity. Cross-channel prebuilt rules complement this score and allow fraud experts to make decisions on alerts or link to automated business processes such as Step-Up Authentication. These products are targeted at banks, transaction processors, and automated teller machine (ATM) operations.

Electronic Signature Products

eSignLive is an electronic signature (e-signature) product that enables digital transactions by facilitating the signing, sending, and management of documents. eSignLive enables organizations to digitize business processes and conduct secure enterprise transactions that touch the customer. eSignLive delivers e-signature solutions to a range of organizations, including banks, credit unions, insurers, pharmaceutical companies and government agencies.

The Company competes with Gemalto, EMC Corporation, Kobil, Symantec and Entrust.

Company Address

VASCO Data Security International Inc

1901 S Meyers Rd Ste 210
OAKBROOK TERRACE   IL   60181-5206
P: +1630.9328844
F: +1302.6555049

Company Web Links