To implement cyber security solution
Yes Bank has collaborated with FortyTwo42 Labs, a Global Cyber Security Lab set up in India (Vizag and Pune) and Israel (Tel Aviv) as a co-innovation partner for developing next generation Fintech and Cybersecurity solutions.One of their first innovations, the PI-Control Platform, that Yes Bank has jointly developed with FortyTwo42 Labs is being rolled out in the next few weeks. The Bank plans to use this solution as a multiple factor authentication for ALL online channels including API, and has an exclusive tie up with FT42 for the same, as part of its ART (Alliances & Relationships for Technology led Innovations) strategy.
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