Scotiabank,
one of Canada’s major financial institutions, has launched e-Scotia.com to provide companies
with technology for conducting business transactions securely on the
Internet.
e-Scotia.com’s initial focus is to offer e-commerce products and
services to companies to secure their business on the Internet. Entrust Technologies will supply
e-Scotia.com 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
Internet–e-Scotia.com will address those concerns,” said Albert Wahbe,
the new president of e-Scotia.com.
“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
e-Scotia.com, they will be able to continue this leadership through this
new service to enable e-commerce transactions.”