Schlumberger in Deal For Wireless Security
SAN JOSE, Calif. - Schlumberger Ltd. and Entrust Technologies Inc. have teamed up on client security for the mobile electronic commerce market.The companies plan to combine Schlumberger's latest WAP Identity Module smart cards with Entrust's public key infrastructure, or PKI, products, offering GSM mobile telecom operators a "turnkey solution for securing mobile Internet transactions" such as purchases over wireless networks.
Schlumberger and Entrust said they would jointly promote their technology to telecommunications equipment and microbrowser vendors such as Nokia, Ericsson, Phone.com, and Motorola.
"By specifying PKI as an intrinsic function of WAP terminals, the mobile Internet industry has created a powerful catalyst for electronic commerce," said Robert Heard, senior vice president of marketing and business development at Entrust. "We could see the first true mass applications of digital signatures as early as the end of this year, signaling a new era for business."
Visa in Marketing Deal For E-Cash on Campus
RESTON, Va. - Visa International has signed an agreement to market the Visa Cash electronic purse with CyberMark's campus applications in Latin America and the Caribbean.Under the agreement, Visa member banks would be able to give universities several services on one smart card.
The Visa Cash application would be used for payments on campus, and other applications such as controlling access to computer resources, status checking, and student voting would be from CyberMark.
Visa has e-cash programs in Argentina, Brazil, Colombia, Mexico, Puerto Rico, and Venezuela.
Net Security Firm in PKI Promotion Group
IRVINE, Calif. - Litronic Inc., an Internet security provider, has joined the Public Key Infrastructure Forum, a group dedicated to the adoption of PKI technology as the foundation for electronic business-to-business commerce.The PKI Forum was founded last December by Baltimore Technologies, Entrust Technologies, International Business Machines Corp., Microsoft Corp., and RSA Security Inc.
"With 98% of business-to-business e-commerce companies planning to adopt PKI technology in the next few years, it's imperative for vendors in the industry to agree on open technology," said Kris Shah, president and chief executive officer of Litronic.