VeriSign (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world, and Giesecke & Devrient GmbH (G&D), one of the world's leading providers of smartcard solutions, today announced a strategic alliance to provide end-to-end solutions for consumer authentication.
The alliance will give organizations a unified solution for protecting users' identities, personal information and assets through VeriSign Identity Protection (VIP) services.
VeriSign Identity Protection services provide an additional layer of authentication for online transactions and communication -- authentication that goes beyond entering a username and password. VIP's two-factor authentication works with the GDC4000 display card from G&D, an OATH-compliant credential. This card features a robust, active display that is embedded in the card via hot lamination during production. To achieve two-factor authentication enabled by VIP, the card displays a one-time password (OTP), which the user provides online to further verify his or her identity. The password changes with each transaction, ensuring that every VIP-enabled authentication combines something the user knows (username and password) with something he has (the OTP generated by the card).
"Our GDC4000 display card features state-of-the-art display technology," said Dr. Kai Grassie, head of G&D's New Business Division. "It meets highest requirements for durability and flexibility and provides an ideal platform for organizations to take advantage of VeriSign's globally trusted VIP authentication services. We are looking forward to a fruitful cooperation with VeriSign, one of the world's most trusted names in Internet security."
"In Germany and throughout the world, consumers need to trust their online transactions and the technologies they rely on to conduct them," said Mike Davies, director of VeriSign's Identity and Authentication Services, EMEA. "With G&D's respected, OATH-based display card and VeriSign's global VIP authentication network, we're able to provide an end-to-end solution that enables organizations to keep their customers safe online."