Online and Digital Identification, Securing Web 2.0, PKI and Digital Certificates

First Data chooses online banking fraud prevention provider

Monday, August 1, 2011

E-commerce and payments processor First Data Corp has selected IronKey’s Trusted Access as an option for its customers of its First Data Internet Banking product.

First Data clients with the Trusted Access service will be able to meet the Federal Financial Institutions Examination Council (FFIEC) guidelines for new online security controls by acting as part of a layered security program.


Trusted Access creates secure, separate Web browser access specifically tailored for online banking sessions so that they escape attacks by malware, keyboard loggers, man-in-the-browsers, ‘backconnect’ Trojan and DNS tampering, among others. This separate browser also provides secure banking sessions even if the machine is currently infected. [end] 

The U.S. Social Security Administration contracted with Experian to add fraud prevention services for secure authentication to access the new online Social Security Statement.

The new online Social Security Statement provides Social Security earnings and benefit information, as well as estimates to help people plan for retirement. It also gives estimates for disability and survivors benefits. With the online statement, users can see whether their earnings are accurately posted to their Social Security records.

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Sensor supplier Fingerprint Cards AB (FPC) has extended its partnership with Chinese biometrics provider Miaxis Biometrics Co. LTD to deliver biometrics products to the Chinese banking sector.

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Internet fraud prevention and authentication provider TeleSign has teamed up with Intel Corp. for a secure two-factor authentication product targeted to consumers and enterprises.

The collaboration pairs Intel Identity Protection Technology (Intel IPT) with TeleSign Two-Factor Authentication so that it can be offered beyond Intel Ultrabook devices and the third generation of Intel Core vPro-powered laptops.

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CSC has partnered with identity authentication technology and services provider Daon to produce a biometric multifactor authentication service for the banking industry. The product, called ConfidentID Mobile, provides in and out-of-band identity authentication for transactions in multiple channels, including online and mobile.

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