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Canadian banks place trust in Kyberpass

13 February 2002  |  2202 views  |  0 online shopping cart

The Canadian Payments Association has chosen authentication software from Kyberpass Corporation for its public key infrastructure (PKI), currently being developed as a national trust framework to support Internet payment applications.

The CPA is building the PKI as a national platform for the introduction of Internet payment applications by member banks. The Kyberpass e-Transaction TrustPlatform will initially be used to conduct testing on the PKI trust model in a 'proof-of-concept' phase planned for Spring 2002.

"A sound trust infrastructure is paramount to setting the highest security standards for financial transactions," says 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."

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