Improved security feature for BKM Tokenization service

What is Sigorta OTP?


Sigorta OTP (translation to English: Insurance OTP) project is related to Insurance & Tokenization department of BKM. It is a new feature of tokenization service which enables integrated insurance companies get paid in a more secure way using OTP.


What was the problem?


The previous tokenization service of BKM was used by insurance companies to enable their customers store their card information and make payment using the card. However, the payments with the tokenization did not have second layer security check which made the payments done by tokenization open to fraud.


What is the solution?


2FA was added and the system became more secure. Technically the microservices which were developed for BKM Express are used (OTP and payment microservices)


Contribution of Finartz

Idea development

Software development

Integration