23 August 2017
Visit http://response.ncr.com

Sun joins Bits security lab

29 November 2000  |  672 views  |  0 Sun joins Bits security lab

Sun Microsystems has joined the bank-sponsored Bits Financial Services Security Lab to contribute to research into the development of safe, private, and secure e-commerce.

"The Bits Financial Services Security Lab offers an outstanding opportunity for collaboration between technology providers like Sun Microsystems and information technology professionals in the financial services industry," says Rhonda MacLean, senior vice president and director of information protection, Bank of America and co-chair of the Bits Security and Risk Assessment Steering Committee.

The Bits roundtable was created in 1996 to foster the growth and development of secure electronic commerce for the benefit of financial institutions and their customers. Bits is governed by a board of directors comprised of the chairmen and CEOs of many of the largest integrated US financial services companies, as well as representatives of the American Bankers Association and the Independent Community Bankers of America.

Bits Security Lab members are pushing for the development of standards which will create a consistent and appropriate secure architecture for online banking, with interoperability across vendors. Current Bits initiatives address electronic payment issues such as authentication and fraud reduction, wireless transactions, aggregation services, and global technologies and standards.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Sun and Financial Fusion claim scalability record

Sun and Financial Fusion claim scalability record

29 November 2000  |  874 views  |  0 comments
BMO ports m-commerce system to Sun Solaris

BMO ports m-commerce system to Sun Solaris

31 October 2000  |  2915 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Rabobank constructs physical model to understand IT architectureRabobank constructs physical model to unde...
20519 views comments | 43 tweets | 85 linkedin
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
13388 views comments | 28 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11995 views comments | 22 tweets | 35 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
11255 views comments | 21 tweets | 35 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
11121 views comments | 10 tweets | 8 linkedin