RealTime IT News

Scotiabank's Specializes in E-Commerce Security

Scotiabank, one of Canada's major financial institutions, has launched to provide companies with technology for conducting business transactions securely on the Internet.'s initial focus is to offer e-commerce products and services to companies to secure their business on the Internet. Entrust Technologies will supply with Public Key Infrastructure (PKI) technology.

"We have heard from our business customers that security concerns have made some Canadian companies reluctant about doing business on the will address those concerns," said Albert Wahbe, the new president of

"We are pleased to build on our successful partnership with Scotiabank by participating in this initiative -- the first of its kind -- to broadly distribute digital certificates to secure e-commerce transactions and communications for Canadian businesses," said John Ryan, president and CEO, Entrust Technologies Inc.

"Scotiabank, with our PKI software solutions, has played a leadership role as the world's largest issuer of digital certificates through its Scotia OnLine service. Now, through, they will be able to continue this leadership through this new service to enable e-commerce transactions."