LONDON - Deutsche Bank has introduced db-eTrustCard, the first Identrus-based smart card for business-to-business transactions. The bank is one of eight founding members of Identrus, a consortium of about 30 banks that aims to supply a worldwide trust infrastructure for business partners.
The smart card includes a private key, which is used to create a digital signature and a digital certificate from Identrus. The combination of a digital signature and certificate is intended to ensure the secure transmission of information and identification of the sender.
"Using this card, business-to-business customers can securely perform transactions via the Internet," said Norbert Wanninger, head of global cash management for corporations at Deutsche Bank. "We will use the db-eTrustCard as a core component for any future development of Deutsche Bank cash management products."