Endpoint
8/17/2017
02:44 PM
Dark Reading
Dark Reading
Products and Releases
50%
50%

Wells Fargo Brings CEO Mobile Token to Business Customers

New feature enhances banking user experience anytime, anywhere

SAN FRANCISCO – Aug. 17, 2017 – Wells Fargo & Company (NYSE:WFC) announced today the launch of CEO Mobile Token, which allows Treasury Management customers to generate a security code on their iPhone or Android smartphone and then perform transactions using the Commercial Electronic Office® (CEO®) portal and CEO Mobile® service.

The CEO Mobile Token, which uses RSA SecurID® technology, provides customers a convenient alternative to a physical token.

“About half of our customers need to use a security token to access certain services today,” said Secil Watson, head of Digital Solutions for Business at Wells Fargo. “With the CEO Mobile Token, customers have a secure, convenient way to provide secondary authentication anytime they need to complete transactions.”

With Wells Fargo’s CEO Mobile Token, customers enjoy these benefits:

  • Convenience — Customers no longer need to carry a physical security token. When in the office or on the go, customers can quickly and securely access online banking services that require additional authentication — using their smartphones.
  • Choice — Customers have the option to choose and use either the mobile token or a physical security token.
  • Security— Customers are able to make secure transactions through the CEO Mobile Token app. The feature uses RSA SecurID technology that provides an extra layer of security.
  • Speed— Customers can access the mobile token with one click from the CEO Mobile app and do not need to be logged into the app to use the feature.

Customers with an iPhone, running a minimum of iOS 9.0, or a smartphone running Android 5.0 or higher, will be able to download the new feature from the Apple App Store or Google Play Store. For more information, please visit theCEO Mobile Token website.

About the CEO® portal and the CEO Mobile service

The Commercial Electronic Office ® (CEO) portal offers Wells Fargo commercial and corporate customers a convenient, single point of access to a broad offering of online banking services, including cash management, credit, investments, foreign exchange, trade finance, capital markets, trust and insurance.1 The CEO Mobile service allows customers to securely access their accounts when they need to. Customers can perform many of the same tasks they do on the CEO® portal, as well as additional functions such as uploading Commercial Card receipts or depositing checks using an iPhone or Android smartphone. The CEO Mobile service provides customers a way to access their accounts and perform critical tasks when they are in a meeting, away from a computer or office or traveling for business.

 

1 Investment and insurance products are not insured by the FDIC or any other federal government agency, are not deposits of or guaranteed by the bank or any bank affiliate, and may lose value.

 

About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 271,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

 

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Cybersecurity's 'Broken' Hiring Process
Kelly Jackson Higgins, Executive Editor at Dark Reading,  10/11/2017
How Systematic Lying Can Improve Your Security
Lance Cottrell, Chief Scientist, Ntrepid,  10/11/2017
Ransomware Grabs Headlines but BEC May Be a Bigger Threat
Marc Wilczek, Digital Strategist & CIO Advisor,  10/12/2017
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
Security Vulnerabilities: The Next Wave
Just when you thought it was safe, researchers have unveiled a new round of IT security flaws. Is your enterprise ready?
Flash Poll
[Strategic Security Report] How Enterprises Are Attacking the IT Security Problem
[Strategic Security Report] How Enterprises Are Attacking the IT Security Problem
Enterprises are spending more of their IT budgets on cybersecurity technology. How do your organization's security plans and strategies compare to what others are doing? Here's an in-depth look.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2017-0290
Published: 2017-05-09
NScript in mpengine in Microsoft Malware Protection Engine with Engine Version before 1.1.13704.0, as used in Windows Defender and other products, allows remote attackers to execute arbitrary code or cause a denial of service (type confusion and application crash) via crafted JavaScript code within ...

CVE-2016-10369
Published: 2017-05-08
unixsocket.c in lxterminal through 0.3.0 insecurely uses /tmp for a socket file, allowing a local user to cause a denial of service (preventing terminal launch), or possibly have other impact (bypassing terminal access control).

CVE-2016-8202
Published: 2017-05-08
A privilege escalation vulnerability in Brocade Fibre Channel SAN products running Brocade Fabric OS (FOS) releases earlier than v7.4.1d and v8.0.1b could allow an authenticated attacker to elevate the privileges of user accounts accessing the system via command line interface. With affected version...

CVE-2016-8209
Published: 2017-05-08
Improper checks for unusual or exceptional conditions in Brocade NetIron 05.8.00 and later releases up to and including 06.1.00, when the Management Module is continuously scanned on port 22, may allow attackers to cause a denial of service (crash and reload) of the management module.

CVE-2017-0890
Published: 2017-05-08
Nextcloud Server before 11.0.3 is vulnerable to an inadequate escaping leading to a XSS vulnerability in the search module. To be exploitable a user has to write or paste malicious content into the search dialogue.