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Countrywide Selects Entrust Technologies' Authorization Solution for Its Online Financial Service Offerings.


Business/Technology Editors

PLANO, Texas--(BUSINESS WIRE)--Dec. 13, 2000

Entrust's getAccess(TM) Software to Provide Personalization and

Authorization for Countrywide Financial Countrywide Financial Corporation (NYSE: CFC) is a diversified financial marketing and service holding company engaged primarily in residential mortgage banking and related businesses.  Services Portal

Entrust Technologies (Nasdaq:ENTU), the global leader in solutions that bring trust to e-business, announced today that Countrywide Credit Industries, Inc., (NYSE NYSE

See: New York Stock Exchange
:CCR 1. CCR - condition code register.
2. CCR - (Database) concurrency control and recovery.
), a global, diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment  services provider and member of the S&P 500, has selected Entrust's getAccess(TM) solution to provide security and authorization for its online 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.
.

Countrywide is planning to enable online services for 2.8 million existing customers to provide them with authorized access to services based on individual and personalized privileges. Entrust's getAccess solution is a critical component of an initiative to significantly enhance Countrywide's online financial services such as home loans, insurance, investments and banking into a single source offering for customers.

"We believe that Entrust Technologies' integrated web authorization solution combined with Countrywide's proven dominance in the online arena, will create a powerful relationship," said Richard Jones, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. , Countrywide Credit Industries Inc. "As a recognized information technology and financial services leader, we are aggressively building a financial services portal that will scale and integrate to meet the needs of millions of online customers. Entrust Technologies has proven to be the type of company we like to do business with - they have provided us with top-quality customer service."

"Countrywide's selection of the getAccess solution to enable secure and advanced financial services transactions once again reinforces the strength of our proven solutions for the financial services industry," said John Ryan John Ryan can refer to:
  • Several recipients of the Victoria Cross:
  • in 1857, see John Ryan (VC 1857)
  • in 1863, see John Ryan (VC 1863)
, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Entrust Technologies Inc. "We are very pleased that Countrywide has selected getAccess. Their decision reinforces the fact that we have a unique, proven authorization solution that is scalable and offers value for any e-business."

About Entrust's getAccess(TM) Solution

getAccess software lets you deliver a personalized Web experience to millions of individuals. It's an infrastructure/management solution to enable secure e-business portals serving vast numbers of individuals all over the globe. With getAccess software, millions of users can be authorized, based on their credentials, to gain access to a personalized view of an enterprise application.

About Countrywide Credit Industries, Inc.

Founded in 1969, Countrywide Credit Industries, Inc., provides consumer and business-to-business financial services in domestic and international markets. Consumer businesses include mortgages, insurance and other financial products. Business-to-business activities encompass capital markets, transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.

Transaction processing systems are the backbone of an organization because they update constantly.
 and insurance. A member of the Fortune and Forbes 500, the company is headquartered in Calabasas, California, and has more than 11,000 employees and a nationwide network of offices.

Principal subsidiaries include Countrywide Home Loans, Inc., which originates, purchases, securitizes, sells and services home loans; Full Spectrum Lending, Inc., a sub-prime residential lender; LandSafe, Inc., a loan closing services provider; Countrywide Insurance Services, Inc., a full service insurance agency; Countrywide Capital Markets, Inc., a mortgage-related investment banker Investment Banker

A person representing a financial institution that is in the business of raising capital for corporations and municipalities.

Notes:
An investment banker may not accept deposits or make commercial loans.
; and Balboa Life & Casualty, a national provider of property, liability and life insurance. In addition, Countrywide owns 50 percent of Global Home Loans, Ltd., a European mortgage banking joint venture.

For more information about the company, visit Countrywide's Web site at www.countrywide.com.

About Entrust Technologies

Entrust Technologies Inc. (Nasdaq: ENTU) is a global leader in solutions that bring trust to e-business relationships by securing and managing the transactions that constitute e-business. Through the industry's most comprehensive portfolio of trusted e-business infrastructure solutions, Entrust Technologies enables customers to secure their B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
, B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B.  and internal enterprise transactions and communications, as well as to manage the e-business portals through which these transactions take place. Pioneers of public-key infrastructure (PKI (Public Key Infrastructure) A framework for creating a secure method for exchanging information based on public key cryptography. The foundation of a PKI is the certificate authority (CA), which issues digital certificates that authenticate the identity of ) and digital certificate solutions that provide security for business transactions and communications over the Internet, Entrust Technologies is located in Silicon Valley, California; Ottawa, Canada; and Zurich, Switzerland as well as offices around the world. For additional company information please visit www.entrust.com.

Entrust is a registered trademark of Entrust Technologies Inc. in the United States and other countries. In Canada, Entrust is a registered trademark of Entrust Technologies Limited. All Entrust product names are trademarks of Entrust Technologies. All other company and product names are trademarks or registered trademarks of their respective owners.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 13, 2000
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