Identrus, a group formed by leading global banks to cement their role in providing identity trust for online transactions, has announced that membership of its global network has reached 50 financial institutions. Standard Chartered, Chohung Bank and Korean Exchange Bank have now joined existing member banks with operations that span 133 countries.
The Identrus system is a global, multi-vendor public key infrastructure PKI for digital certificates and signatures spanning all business initiatives. With Identrus, trading partners can identify one another on the Internet, prove their communications did not change in transit and automatically compile an auditable record of their transactions.
As Identrus Certificate Authorities, financial institutions in the Identrus system issue their corporate...