…New members enhance value and scope of expansive business-to-business Internet trading
Seven of the most prominent global financial institutions, with profits totaling more than $3.6
billion, have joined Identrus™ LLC, the world's leading provider of identity trust for global
business-to-business Internet commerce. The new financial institutions join 35 existing
Identrus financial institutions that are acting as Identrus Certificate Authorities and have
corporate customers in more than 133 countries. The new Identrus Certificate Authorities are in
the process of establishing capabilities to certify their corporate customers as trusted
trading partners for business-to-business commerce on the Internet.
The new Identrus Certificate Authorities are: AIB Group (Ireland), Bank of Ireland, The Bank of
Tokyo-Mitsubishi Ltd., Banco Sabadell (Spain), Banesto (Spain), Crédit Lyonnais (France) and
The PNC Financial Services Group, Inc. (United States). Because Identrus launched its fully
active global trust system in 2000, these financial institutions will be able to issue secure,
crypto-enabled Identrus Global IDs as soon as their internal security infrastructures are
"Our new Identrus Certificate Authorities can quickly assist their corporate customers in
profiting on the Internet through identity certainty, application security and risk
management," said Identrus President and CEO Guy S. Tallent. "And now that member financial
institutions are already deploying Identrus Connected services, both the roadway and the
roadmap to profit are clear."
Identrus Global IDs will enable customers to participate in business-to-business Internet
commerce as trusted trading partners within a global community of similarly certified trading
partners. Identrus certified trading partners or systems can conclusively identify their
counterparts, lower their transaction costs, extend their market reach, and compile an
auditable record of their transactions. The new Identrus Certificate Authorities expand the
universe of such trading partners, exponentially increasing the value of the system.
Identrus Connected services on the Internet will enable trading partners to carry out a
virtually infinite range of business-to-business Internet commerce activities, not just
financial services. Financial institutions are steadily going live, certifying their corporate
customers and providing Identrus Connected services.
As the Internet's only global trust system, Identrus LLC for the first time lets companies
manage their business-to-business e-commerce risks through a trusted relationship with their
financial institution. Identrus also eliminates the time, cost and complexity of building trust
relationships with customers and suppliers around the globe. The world's most prominent
financial institutions and technology companies are deploying a growing number of applications
for secure e-mail, e-marketplaces, international trade, contract signing, online payments,
commercial banking and more on the open Identrus infrastructure. For more information, please
Beaupre & Co. Public Relations, Inc.
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