Corillian Supports Integration of Microsoft Windows CardSpace.Corillian Voyager and Intelligent Authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. Integration Simplify Online Banking Sign-in, While Protecting Against Online Fraud PORTLAND, Ore. -- Corillian Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CORI), the top provider of online banking, payment and security solutions to the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry, today announced the company is integrating support for Windows CardSpace The identity management system built into Windows Vista, which is also available as a download for Windows XP. Microsoft coined the term "identity metasystem" for a global identity architecture for the Internet and designed CardSpace as its Windows implementation. into its leading online banking products. Windows CardSpace is a component of the .NET Framework 3.0, available on Windows Vista The current version of Windows for the desktop. It was released in late 2006 for businesses and early 2007 for consumers. Vista adds numerous features, including improved security and advanced multimedia capabilities. and Windows XP The previous client version of Windows. XP was a major upgrade to the client version of Windows 2000 with numerous changes to the user interface. XP improved support for gaming, digital photography, instant messaging, wireless networking and sharing connections to the Internet. , which helps store a person's digital identity in a security-enhanced manner, and provides a unified interface for choosing the identity for a particular transaction, such as logging in A colloquial term for the process of making the initial record of the names of individuals who have been brought to the police station upon their arrest. The process of logging in is also called booking. to a Web site. The Corillian Voyager integration with Windows CardSpace further protects against identity theft and enables consumers to use InfoCards to log-on to a banking Web site, instead of entering a user name and password. One of the nation's largest financial services companies is planning to offer the integrated solution to its customer base. Through the collaboration between Microsoft and Corillian, users will be protected from a variety of identity related attacks, while enjoying improved ease-of-use. Corillian Intelligent Authentication[TM] will use the information stored on a card to build additional access signatures, thereby creating an additional level of strong authentication for the end-user. Corillian Voyager will support the integration of Windows CardSpace making it easier for end-users to log-on and conduct online banking. "Corillian's adoption of Windows CardSpace in its new solution, Voyager, demonstrates the increased level of security and simplicity customers require for online banking," said Thom Robbins, director of .NET Platform Product Management at Microsoft Corp. "With the recent general release of Windows Vista, we look forward to further customer adoption of the technology and support in our overall vision of an Identity Metasystem An infrastructure that enables different Internet identity systems to work in a secure manner with a consistent user interface. The identity metasystem was first developed by Microsoft and is embodied in the CardSpace system (see Windows CardSpace). ." For users of Internet banking powered by Corillian, Windows CardSpace will offer consumers enhanced online convenience, security and privacy. The strategic relationship streamlines the log-on process and eliminates the need for an end-user to enter a user-name or password. With an InfoCard issued by a financial institution, consumers will have the ability to purchase goods or apply for a loan without over communicating private information. In addition, the data is stored at the financial institution's back-end system and only released when the user wants to "submit" their identity to a Web site. As a result, users are also protected against unauthorized account access from individuals who might have general access to the PC. "Corillian is pleased to announce that we are integrating support for Windows CardSpace into our industry leading online banking products. Adding Windows CardSpace support is an important step in helping increase users' trust in online banking. Windows CardSpace helps users sign-in to sites more easily while helping protect them from many forms of online identity attacks such as phishing Pronounced "fishing," it is a scam to steal valuable information such as credit card and social security numbers, user IDs and passwords. Also known as "brand spoofing," an official-looking e-mail is sent to potential victims pretending to be from their ISP, bank or retail establishment. and fraud," said Chris Brooks Chris Brooks was 15 when he started Hospital Radio in Eastbourne. Since then Chris has worked for many stations in the UK, including Chiltern FM, Northants 96, Horizon Radio, Metro Radio, Galaxy 101, Kix 96, Essex FM (where he presented a show with former 5ive member Scott , chief technology officer of Corillian. Windows CardSpace provides consumers with a simpler and safer digital identity experience for online banking. It provides a common way for people to manage their digital identities. Using standard protocols, Windows CardSpace then retrieves a verifiable identity token from the selected identity provider and forwards the credential to the target application. This provides users with a simpler, security-enhanced and familiar sign-on experience that is consistent across all Web sites and Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. . Through the Corillian Voyager platform, Corillian provides a comprehensive set of online banking, payment and security solutions that serve multiple customer segments within leading financial institutions. Corillian's business-line solutions incorporate industry recognized best practices, which helps dramatically reduce costs and frees financial institutions to focus on achieving meaningful increases in revenues, margins and customer loyalty. Intelligent Authentication is a non-intrusive, highly effective method of multi-layered authentication that helps financial institutions satisfy the recent FFIEC FFIEC Federal Financial Institutions Examination Council guidelines and ecommerce industry demands for stronger authentication of web site users. In addition to a user name and password, Intelligent Authentication collects and examines multiple patterns of online banking to determine when it is necessary to block or challenge suspicious visitors. This multi-layered authentication model is transparent to the end user and provides a user-friendly experience, while ensuring visitors to a Web site are legitimate before allowing users access to their banking accounts. About Corillian Corporation Corillian is the market leader of online banking, payment and security solutions to the financial services industry. With 30 of the top 100 U.S. banks and 21 of the top 100 U.S. credit unions as customers, Corillian serves over 35 million online banking end users. Corillian provides the most flexible, scalable and secure set of online banking applications across multiple lines of business, as well as an extensive set of integration solutions to enable seamless connectivity between legacy systems and Web and database applications. Corillian features integrated applications across Consumer Banking, Small Business Banking, Business and Consumer Payments, Wealth Management, Credit Card Management, and Corporate Cash Management, as well as enterprise wide solutions, including Fraud Detection, Alerts, eStatements, and OFX OFX Open Financial Exchange OFX Outer Fix OFX Open Effects . Corillian's fraud prevention solutions use Preemptive pre·emp·tive or pre-emp·tive adj. 1. Of, relating to, or characteristic of preemption. 2. Having or granted by the right of preemption. 3. a. Forensics See computer forensics. [TM] to protect web sites from phishers, hackers, and fraudsters. Corillian's strong authentication solution provides a low-cost solution for multi-factor authentication while maintaining high user satisfaction. Empowered by Corillian solutions, some of the world's most visionary financial institutions provide their customers with the tools to manage their finances more effectively and securely. For more information about Corillian Corporation, visit the company's web site at http://www.corillian.com. The names of actual companies and products mentioned herein may be the trademarks of their respective owners. |
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