Commerzbank Aktiengesellschaft

Commerzbank offers corporate customers electronic certificates for business-to-business

Frankfurt (ots) - Commerzbank is now also in a position to offer its corporate customers certificates for safe B2B Internet transactions. The certificates are issued under the name COMPROOF in accordance with the Identrus standard. This makes Commerzbank the sixth bank in the world to offer the internationally recognised and respected standard as defined by the company IdentrusTM LLC, domiciled in the US. Corporate customers can now avail themselves of a service enabling them to identify business partners in the Internet. The certificates, stored on chip cards, permit the customer to give an electronic signature, which means that transactions conducted electronically are both safe and binding. The relevant communications are confidential, verifiable and cannot be manipulated. As Andreas de Maizière, the Commerzbank member of the board of managing directors responsible for corporate banking, has stressed, COMPROOF certificates enable companies to reduce significantly the risks involved in B2B transactions. "Security plays a major role in Commerzbank's Internet activities", says de Maizière, "and providing support for the leading security infrastructure is a logical step for us to take." Commerzbank will soon be offering a number products providing the additional security of COMPROOF certificates. The fields in which these can be used will include Secure-E-mail, electronic bill presentment and payment, as well as virtual market places. There will also be browser-based financial software which uses COMPROOF certificates. "Commerzbank's involvement is also important to Identrus", says Identrus chief executive officer Guy S. Tallent. "The fact that a major bank such as Commerzbank, strongly committed to the Internet, has chosen to issue certificates in accordance with the Identrus standard will help to strengthen the Identrus network and promote business-to-business activities." 2 ots Originaltext: Commerzbank AG Im Internet recherchierbar: Commerzbank AG Corporate Communications-Press Relations Tel. (069) 136-22830 Fax (069) 136-22008 60261 Frankfurt am Main e-mail: Internet: Original-Content von: Commerzbank Aktiengesellschaft, übermittelt durch news aktuell