US Bancorp is implementing technology from California-based digital ID firm VeriSign to provide secure authentication services to its commercial banking customers.
The bank will deploy the VeriSign Unified Authentication system across its network and provide customers with 'next-generation' tokens for authenticating transactions.
The technology will be integrated with US Bancorp's existing directory and identity management systems to provide support for a range of authentication methods.
Judy Lin, executive vice president and general manager, VeriSign Security Services, says: "VeriSign Unified Authentication will validate the interactions between the bank and its customers without adding unnecessary hardware or software to an already complex IT environment."
VeriSign says the system provides a single, integrated platform for managing all types of two-factor authentication credentials, including tokens and smartcards.
The bank signed a multi-year contract with VeriSign for managed security services in March this year.