Canadian Payments Association Selects Kyberpass Authentication Technology for Trust Infrastructure for Internet Payments

Kyberpass Corporation announced it has signed a formal agreement with the Canadian Payments Association to deliver authentication software for its Public Key Infrastructure (PKI), currently being developed as a national trust framework to support Internet payment applications. A key component of the CPA’s PKI, the Kyberpass e-Transaction TrustPlatform is designed to stimulate the use of payment applications via the Internet with trust in identity, safety and privacy. The CPA will initially use the Kyberpass products to conduct testing on its PKI trust model in a ‘proof-of-concept’ phase planned for the spring of 2002. The CPA is building the PKI as a national platform to facilitate the introduction of Internet payment applications by its member financial institutions.

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