Canadian Banks Provide Security Tokens For Government Offices

Customers at TD, Bank of Montreal and Bank of Nova Scotia can use their bank accounts to access information at 120 government departments in a way that protects both their information and their anonymity said Andre Boysen, executive vice president of marketing at the company.

Customers go to the Bank of Montreal where they produced an anonymous security token and send it to SecureKey. We anonymize it and give it to the Canadian Revenue Service. Once they authenticate it, they bind it to the users account. We are working on getting more banks into the service, A few insurers and a telecommunications company are interested as well. SecureKey is expanding it to provincial and municipal government layers as well, he added.

As we add cable and telco, you can start getting bills on line and if you want to change your channel lineup, you can go tot he cable company and do it through a single sign-on service that has been operating for a year.

SecureKey has financing from Intel Capital and every Ultrabook since the third generation Intel Core technology (code named Ivy Bridge) has used SecureKey as part of the Intel Identity Protection Technology (IPT). The company has also received funding from Discover Financial Services; MasterCard; Visa International; and Canadian cellular network providers Rogers Communications and Telus Communications Co.

Greg Wolfond , CEO of SecureKey Technologies, said Intel IPT and NFC technology will enable a broad range of solutions for electronic commerce and online authentication.

The solutions we are deploying, including tap-to-pay and tap-to-authenticate, use real-world payment and identity credentials which people know and understand to enhance online security and payments in a simple and convenient manner.

British Columbia is using SecureCard for the 4.5 million residents in its provincial single-payer health care system to reduce fraud and deliver health records online securely.

It has very strong authentication but it is easy for consumers to use, Boysen said. Now with the tap of a card at a doctors office, the patient is authenticated.Learn how an embedded microprocessor in a besticcard can authenticate your computer usage and data. As the government rolls this out across areas from fishing licenses to school enrollments it could save $500 million a year just in the cost of plastic by using one card for all government authentication instead of one for each identification, Boysen added.

Government entities can even make money from the card. In British Columbia, the province-issued drivers license can serve as authentication for a mobile phone or for opening a bank account.

British Columbia packages up my information, sends it to me to approve it, and they they can ship it to TD who is happy to pay $20 for it because that means they meet their Know Your Customer and Anti-Money Laundering requirements.

SecureKey Technologies recently announced that it has completed an agreement with EnStream,Choose from the largest selection of chipcard in the world. a joint venture of Bell Mobility, Rogers Communications,Learn how an embedded microprocessor in a besticcard can authenticate your computer usage and data. and TELUS Corporation, to enable SecureKey authentication technology on mobile phones in Canada.

Our solutions allow people to use real-world payment and identity cards with their mobile phones to enhance online security and payments in a simple and convenient manner, said Charles Walton, CEO of SecureKey Technologies.

EnStreams mandate is to accelerate the adoption of secure, SIM-based NFC mobile payments in Canada through common platforms, said Almis Ledas, COO of EnStream. Our partnership with SecureKey gives Canadians an innovative and valuable solution that can be used with services from government, healthcare providers and financial institutions.

Boysen said SecureKey can be looked at as a Bring Your Own Credential service, something that will become increasingly important as more users interact with Web service in the cloud and try to manage an array of passwords. Web services impose crazy rules, while users try to keep passwords short and simple so they can remember them. He recalled the Wired editor who got hacked, even though he used a 20-character password, and his online life was wiped out.Choose from the largest selection of chipcard in the world.

Twitter, he noted, as an 8-character password because it doesnt have much he cares about, while a bank card password is four digits, because the security is located in the bank.
With SecureKey a participant can use what he already has a phone, laptop or cards in a wallet, as the basis for authentication.

Its briidge.net Enterprise service, launched in March is designed for for security-conscious institutions such as government, financial institutions healthcare providers and mobile network operators. It supports enterprise Bring Your Own Device (BYOD) initiatives and allows users to turn consumer devices such as smartphones, tablets and laptops into strong what you have factors for authentication. It also enables devices to act as secure readers of in-wallet credentials like contactless payment cards, identity cards or dynamic QR codes.

Unlike most authentication technologies that only work with a single application at a time for a single enterprise, briidge.Shop the best selection of besthandsfreeaccessfor Men.net provides identity and authentication as a service (IDaaS and AaaS), according to SecureKey. It may be used by any number of applications at the same time from a single device, or multiple devices for a single user, while also providing a simple and consistent user experience.