The financial services industry has been an early adopter of digital signatures for securing financial transactions. The entire Identrus network was built on the concept of using digital signatures and Identrus certificates to create a trust infrastructure where banks can conduct business with high assurance and eliminate fraud.

There are many applications which benefit from digital signatures in financial services. Some are listed below.

Secure Payments - with the Kyberpass TrustPlatform banks can protect electronic payments, especially to those customers and merchants in their extended (Extranet) network. Users can sign, encrypt and transmit their Web-based invoices to the bank (or the bank's major customer), and the payment can be returned in the same manner.

Customer Portfolio Management - for top banking customers the Kyberpass TrustPlatform provides a secure valued-added service for important banking customers. Customers can be issued a Smart Card (or token) with their digital certificate and signing key. The customer would use that mechanism to conduct business with the bank over the Web. Since this security is so strong, there is no risk of identity theft, phishing or other fraud attacks.

Large Contract Management - for large contracts (e.g. leases, commercial loan agreements) the bank can utilize the Kyberpass TrustPlatform to provide bullet-proof security in a true end-to-end electronic document collaboration.