|
Canadian Payments Association Selects Kyberpass Authentication
Technology for Trust Infrastructure for Internet Payments
Authentication and authorization software
to drive the trust infrastructure for online transactions
OTTAWA, February 13, 2002
— Kyberpass® Corporation, a leading provider of e-security
software for trusted e-business, today announced it has signed a
formal agreement with the Canadian Payments Association to deliver
authentication software for its Public Key Infrastructure (PKI),
currently being developed as a national trust framework to support
Internet payment applications.
As a key component of the CPA’s PKI, the Kyberpass e-Transaction
TrustPlatform™ is designed to stimulate the use of payment
applications via the Internet with trust in identity, safety and
privacy. The CPA will initially use the Kyberpass products to conduct
testing on its PKI trust model in a “proof-of-concept”
phase planned for the spring of 2002. The CPA is building the PKI
as a national platform to facilitate the introduction of Internet
payment applications by its member financial institutions.
“A sound trust infrastructure is paramount to setting the highest
security standards for financial transactions,” said Marc Parent,
the CPA’s director of information systems and technology. “We
chose Kyberpass because of their innovative e-security architecture
that integrates well with our PKI trust model.”
“We are thrilled to be involved with the CPA in building a
national PKI trust platform for payment-related applications,”
said Thomas Nolan, president and CEO for Kyberpass. “The fact
that we have experience producing industry-approved components for
similar trust infrastructures definitely gave us an advantage over
our competitors in this bid.”
About Kyberpass e-Transaction TrustPlatform
For e-commerce applications, the Kyberpass e-Transaction TrustPlatform
enables institutions involved in business-to-business electronic
commerce to build a cost-effective secure environment for high-value
transactions.
About Kyberpass Corporation
Kyberpass delivers a new generation of e-security TrustPlatforms
for Identrus, B2B exchanges and e-government. With millions of licensed
users around the world, Kyberpass’ award-winning security solutions
seamlessly allow any application to take advantage of the full power
of Public Key Infrastructure (PKI), while automatically implementing
customers’ unique security policies and dramatically simplifying
administration. Kyberpass enables the implementation of a total
security solution in a matter of days, rather than months or years.
Kyberpass supports all major PKIs and provides the most flexible
e-security infrastructure available on the market today. For more
information, visit www.kyberpass.com.
For more information, please contact:
Robert Lendvai
Kyberpass Corporation
613.727.6556 x303
rlendvai@Kyberpass.com
Maggie O’Lett
High Road Communications
(613) 236-0909
MOlett@HighRoad.com
|
