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The Chase Manhattan Bank Chase EC GatewaySM
Security is of paramount importance to all Internet users conducting transactions online. By incorporating Entrust/PKI™ into Chase EC GatewaySM, an Internet-based treasury product, The Chase Manhattan Bank enhanced security of Internet financial interactions and became its own digital-certificate authority.
Chase Treasury Solutions provides traditional and emerging technology treasury management services to corporations, financial institutions, brokers and dealers, and public-sector organizations. It offers receivable, payable and liquidity management services, and creates technology solutions to provide clients access to a full range of capabilities.
Chase EC GatewaySM is one such solution. It's the Internet infrastructure that 'e-enables' Chase Treasury Solutions clients, allowing them to send payment-instruction and information files to Chase over the Internet. Chase EC Gateway and Entrust® public-key infrastructure (PKI), in combination with SecureTransport™ from ValiCert, Inc., are designed to provide a secure environment for client transmissions.
"We recognized the need for a security solution that would complement EC Gateway-to protect the confidentiality of all financial transactions and maintain our reputation as a trustworthy business partner," says Lisa Burghardt, Electronic Commerce, Chase Treasury Solutions. "Because Entrust is a leading software developer that incorporates PKI, we chose them as a partner."
Entrust/PKI™ was integrated with Chase EC Gateway to permit user authentication, encryption and sophisticated key management, and provide confidentiality and data integrity for customers.
Further integrating ValiCert's SecureTransport and Entrust/PKI, Chase designed a secure transport Internet protocol on Chase EC Gateway.
"Our relationship with Entrust exemplifies the philosophy of Chase Treasury Solutions. By introducing PKI into our technology infrastructure, we are meeting the specific needs of our clients and helping them take advantage of the Internet to streamline-business processes. In doing so, we're maintaining market leadership as a world-class financial services provider," Burghardt says.
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