IBM ups anti-fraud B2B stance

NEWS IBM is stepping up the security of its B2B products in an initiative that will see it focus on the Identrus financial transaction standards. Identrus is owned by financial institutions and was set up to provide technologies and services for trusted transactions. As part of the initiative, IBM will produce applications that are Identrus-compliant and introduce a team of experts that will support and deploy the Identrus global trust system. Fifty of the world's most prominent financial institutions are involved with the Identrus system, which uses technologies including smart cards, PKI and digital signatures. IBM is also opening a lab in the US to test third party applications and make sure they reach the Identrus standard.