Sumitomo Bank Selects VeriSign Digital Certificate Solutions

VeriSign Japan K.K., a subsidiary of VeriSign Inc., said it is providing VeriSign E-Commerce Solutions and Global Server IDs to the Sumitomo Bank in Tokyo to enhance
Sumitomo’s Internet Banking services.

The Sumitomo Bank will issue its own branded certificates to customers
worldwide in June. With this, customers will be able to access their bank
accounts over the Internet, transfer funds, and take other measures to manage
their money with the confidence that their financial transactions are secure,
the customers said.

“Sumitomo Bank, having started its Internet Banking services in January 1997,
has recognized that Internet security is a basic need for superior customer
service. We have been doing our best to offer the highest security possible,”
said Yoshiaki Izumida, general manager, electronic commerce banking department of the Sumitomo Bank. “We chose VeriSign because they offer one of the highest levels of digital certificate solutions today.”

Mountain View, CA-based VeriSign’s e-commerce solutions–powered by VeriSign OnSite–employ a distributed PKI architecture that provides enterprises with
a suite of software and services designed to secure all of their e-commerce
applications, including intranets, extranets and Internet commerce.

VeriSign Japan is also providing its Global Server IDs for 128-bit secure
communications. Financial terms of the arrangement were not disclosed.

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