In Brief: First Union Licenses Security Software

CHARLOTTE, N.C. - First Union Corp. has licensed software from Arcot Systems Inc., a provider of mobile digital identity services.

First Union chose the Santa Clara, Calif., company to supply security for the bank's digital certificates and remote-access capabilities for issuers requiring secure mobility, said Peter Browne, senior vice president and head of the bank's corporate information and support division.

This year the bank conducted a pilot program to evaluate Arcot's digital identity technology, and may use it for several of its products.

Arcot provides technology to companies in various industries.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER