Canadian Imperial Bank of Commerce has become the first bank member of Identrus LLC to begin installing technology to facilitate trading between commercial customers that use Identrus-sponsored digital certificates.

The effort to add trading and payment capabilities to the original Identrus goal of digitally securing business-to-business transactions was announced in September. Fifteen of the 35 members of Identrus, a global bank consortium that seeks to secure transactions between commercial customers through a hierarchical system of digital certificates, are involved in the trade-facilitation initiative, known as Project Eleanor. The 15 banks' customers represent 50% of the importers and exporters in the developed world.

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