IdenTrust ensures the transaction to be non-repudiable and legally-binding worldwide
VASCO Data Security, a software security company specializing in authentication products, has claimed that its PKI-based offering consisting of DIGIPASS CertiID and DIGIPASS Key 1 has achieved IdenTrust compliance.
Reportedly, the IdenTrust rules set governs how member banks issue and validate globally interoperable digital certificates. IdenTrust’s role in electronic transactions is to provide the identity network that issues and verifies the authenticity of the digital certificates used by the originator and recipient of the transaction, as well as to ensure the transaction to be non-repudiable and legally-binding worldwide.
Jan Valcke, president and COO at VASCO Data Security, said: “We are glad that our PKI-based solutions have received IdenTrust certification. We are convinced that compliance with the IdenTrust Rule Set will generate new opportunities for us with both existing financial institutions that have chosen the IdenTrust platform for their trusted identity and access management, and those which will join the network in the near future.
IdenTrust provides a legally and technologically interoperable environment for authenticating and using identities in more than 175 countries.