IBM and Equifax Launch Digital Certificate Solution to Boost E-business Trust

IBM and Equifax, two prominent companies, have joined forces to introduce a digital certificate solution that brings trust to e-business transactions. This innovative technology addresses the pressing need for secure online commerce, allowing customers to confidently identify entities and protect sensitive information. IBM Vault Registry, a digital certificate software solution, provides a trusted way to register and certify users, while Equifax's certificate authority service offers a wide range of digital certificate services to corporate customers.

Key Takeaways:

• IBM Vault Registry uses digital certificates to provide a trusted way to register and certify users for access to online information, services, and business applications.
• Equifax's certificate authority service offers digital certificate services to corporate customers, including banks, financial institutions, and retailers on an outsourced basis.
• The digital certificate solution is designed to give customers confidence that the parties they are dealing with are who they claim to be and are authorized to participate in a given transaction.
• IBM Vault Registry uses encryption and digital signatures to safeguard stored data and applications, ensuring that only authorized users can access specific applications or personal data.
• The solution is expected to be available for general availability in the third quarter of the year and will be integrated with the full line of IBM e-business offerings.
• The partnership between IBM and Equifax is a prime example of how successful alliances will be formed in the world of electronic commerce.
• Equifax's service will authenticate customers, trading partners, and employees based on criteria unique to each organization's needs.
• The solution will be marketed by Equifax and IBM, with plans for integration with the full line of IBM e-business offerings and interoperability with solutions from other leading technology providers.

Statistics:

• 10,000 employees worldwide at Equifax (as of 1998).
• 17 countries where Equifax operates (as of 1998).
• 42 countries where Equifax has sales (as of 1998).
• 10 years (since its founding in 1899) of Equifax's history in the business information industry.
• $1.4 billion (in revenues) for IBM in 1997 (mentioned in passing).

Sources:

• "IBM Launches Digital Certificate Solution; Equifax Announces Certificate Authority Service"
• "Equifax Launches e-business Alliance with IBM to Help Build Trust on Internet, Other Networks"
• IBM Vault Registry Enhances Trust for E-Business
• Dataquest Research Report (mentioned in passing)