US Department of Treasury Selects Datakey CIP To Access Secure Payment System
Minneapolis, December 2, 2003-Datakey, Inc. (OTCBB: DKEY; www.datakey.com), a leading developer of information security software products that simplify and secure access to corporate information systems, today announced that the US Department of Treasury’s Financial Management Service (FMS) has incorporated Datakey’s CIP client software and Model 330 Smart Card into its recently developed Secure Payment System (SPS).
SPS provides a Browser-based system through which government agencies can prepare and submit payment schedules to FMS in a secure fashion over the Internet. Datakey CIP and Model 330 work with the SPS to authenticate users and digitally sign electronic forms via a web-based application.
“Datakey is excited that our technology was selected as part of this new streamlined, easy to use payment application.” said Chris Schwartzbauer, Datakey’s vice president of sales. “Our broad interoperability, adherence to standards and reputation for support provides a secure and reliable foundation for this critical application.”
The new Secure Payment System is replacing the existing Electronic Certification System (ECS), which is a DOS-based application for submitting payment schedules via dial-up modem. The ECS previously utilized one-time password tokens for user authentication, but with the new SPS architecture, smart cards provide strong user authentication to the system as well as support the use of PKI to digitally sign the electronic payment schedules.
About Datakey Inc.
Datakey Inc. (www.datakey.com) focuses on delivering complete smart card-based solutions that simplify access throughout the enterprise. Our solutions significantly increase the convenience and security for users logging into company resources by consolidating all digital credentials – including passwords, digital certificates, VPN credentials and biometric data – onto one smart card and automating access through a single sign-on. Datakey’s fully integrated smart card-based single sign-on systems allow our customers to automatically enforce stronger access controls while at the same time eliminating the need for the user to remember and manage multiple complex passwords.