Showing posts with label Verisign. Show all posts
Showing posts with label Verisign. Show all posts

Monday, February 11, 2008

Industry giants join OpenID board

THE move towards making portable web identities has taken a giant step forward as five of the industry’s most power companies – Google, IBM, Microsoft, Verisign and Yahoo – joined the OpenID Foundation board.

The companies were appointed as the Foundation’s first corporate members of the board. In its community blog, OpenID said the announcement marked a milestone in the maturity and impact of the organization.

It was quick to add, however, that the corporate membership of the board did not mean the companies could dictate technical terms.

“While the OpenID Foundation serves a stewardship role around the community’s intellectual property, the Foundation’s board itself does not make any decisions about the specifications the community is collaboratively building,” the OpenID blog said.

Last year, OpenID grew substantially, both as a technology and as a community. At the beginning of 2006, there were fewer than 20-million OpenID enabled URLs and less than 500 websites where they could be used. Today there are more than 250 million OpenIDs and well more than 10,000 websites to accept them.

The OpenID Foundation was formed in June 2007 to support and promote the technology developed by the OpenID community. Members include individuals, students, nonprofits, startups and industry giants that have come together to develop and promote open identity management on the Web.

OpenID is free technology that simplifies the online user experience by eliminating the need for multiple user names across Internet sites, enabling individuals to take more control and ownership of their digital identities.

This user-centric digital identity technology helps users reduce the pain of managing dozens, even hundreds, of user names and passwords, and gives users more control over what personal information they share with Web sites when they sign in using an OpenID.

For more Open CeBIT news, click here.



For more Web Applications news, click here.

Industry giants join OpenID board

THE move towards making portable web identities has taken a giant step forward as five of the industry’s most power companies – Google, IBM, Microsoft, Verisign and Yahoo – joined the OpenID Foundation board.

The companies were appointed as the Foundation’s first corporate members of the board. In its community blog, OpenID said the announcement marked a milestone in the maturity and impact of the organization.

It was quick to add, however, that the corporate membership of the board did not mean the companies could dictate technical terms.

“While the OpenID Foundation serves a stewardship role around the community’s intellectual property, the Foundation’s board itself does not make any decisions about the specifications the community is collaboratively building,” the OpenID blog said.

Last year, OpenID grew substantially, both as a technology and as a community. At the beginning of 2006, there were fewer than 20-million OpenID enabled URLs and less than 500 websites where they could be used. Today there are more than 250 million OpenIDs and well more than 10,000 websites to accept them.

The OpenID Foundation was formed in June 2007 to support and promote the technology developed by the OpenID community. Members include individuals, students, nonprofits, startups and industry giants that have come together to develop and promote open identity management on the Web.

OpenID is free technology that simplifies the online user experience by eliminating the need for multiple user names across Internet sites, enabling individuals to take more control and ownership of their digital identities.

This user-centric digital identity technology helps users reduce the pain of managing dozens, even hundreds, of user names and passwords, and gives users more control over what personal information they share with Web sites when they sign in using an OpenID.

For more Open CeBIT news, click here.



For more Web Applications news, click here.

Wednesday, March 7, 2007

Australia Post secure online authentication

AUSTRALIA Post has signed the first customer for VIP Online Security, its managed security product that lets financial institutions implement one-time password (OTP) security tokens for internet banking.

After announcing a partnership with internet banking specialist Ultradata a month ago, Australia Post said the NSW Teachers Credit Union had signed on to VIP Online Security as part of its existing Ultradata core banking and net banking software system.

Australia Post Authentication Services manager Roger Lee said the VIP service would give an additional layer of protection to NSW teachers Credit Union account holders.

The service uses Verisign technology whereby account holders can be issued an electronic token that generates a one-time password each time the user wants to access their account. The OTP is used in addition to existing password protection on the site.

The VIP Online Security product is the latest in a series of managed security and authentication services Australia Post has specialised in. It has a strong history in providing services to financial institutions, including Bank@post, POSTBillPay, In-Person Proofing and verifying identity for bank accounts.

Leveraging a shared authentication network, the VIP Online Security lets online service providers accept the same authentication credentials as other participating members of VeriSign’s global VIP network.

NSW Teachers Credit Union chief executive Steve James said embracing security tokens was an important milestone for the credit union’s membership.

“As we don’t have a branch network, they rely very heavily on the internet to access their accounts,” Mr James said.

“Obviously, security in online banking is our prime consideration and Australia Post’s two-factor authentication will provide our members with peace of mind when transacting over the internet,” he said.

For more Managed Services news click here.