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Company > Company Profile
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IdenTrust is the global leader in trusted identity solutions, recognized by global financial institutions,
government agencies and departments, and commercial organizations around the world. IdenTrust enables
organizations to effectively manage the risks associated with identity authentication; work interoperably
with countries around the world; minimize investment in creating their own policies and legal frameworks;
and deploy a spectrum of products insuring trust, smarter, faster, and more cost effectively.
The only bank-developed identity authentication system, IdenTrust provides a unique legally and
technologically interoperable environment for authenticating and using identities worldwide.
The IdenTrust Trust Infrastructure is predicated on a proprietary framework that combines policies,
legal framework, trusted operations and technology (P.L.O.T.) to create a comprehensive environment
for issuing trusted identities. IdenTrust is the only company to provide a solution incorporating
all four of these elements. Customer agreements are valid, binding and enforceable in more than 175
countries. IdenTrust identities are globally interoperable under uniform private contracts recognized
in countries around the world. Competing offerings, in contrast, rely on a dizzying maze of public laws
that vary from jurisdiction to jurisdiction. Additionally, the IdenTrust Trust Infrastructure maintains
the privacy of each and every transaction processed by reading only digital certificate information,
not the message itself.
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History
IdenTrust™ Inc. was founded by financial institutions such as Citigroup, ABN AMRO, Bankers Trust
(since acquired by Deutsche Bank), to name a few. Upon receiving regulatory approval, IdenTrust
announced its formation as a Delaware limited liability company in April 1999. IdenTrust continues
to add new financial institutions to the IdenTrust network.
In March 2002, IdenTrust acquired Digital Signature Trust Company (DST) from Zions Bancorporation
(Nasdaq: ZION) and the American Bankers Association. The acquisition combined the global reach of
IdenTrust with the proven implementation strength of DST to provide financial institutions and their
customers with the means to accomplish business objectives using digital certificates and
certificate-enabled applications.
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IdenTrust|DST
IdenTrust|DST (formerly Digital Signature Trust Company) is one of the premier providers of digital
identity authentication services to the United States federal government, numerous U.S. state
governments, the U.S. Department of Defense as well as Energy and supply chain markets.
The U.S. General Services Administration (GSA) awarded IdenTrust|DST the designation of
"Access Certificates for Electronic Services" (ACES) Certification Authority to issue digital
certificates to businesses and consumers to conduct business with the U.S. government electronically.
IdenTrust|DST also gained accreditation by the U.S. Department of Defense (DoD) to issue digital
certificates to DoD external contractors under the DoD's Interim External Certification Authority
(IECA) program. IdenTrust|DST has contracts with U.S. state governments such as Washington State.
IdenTrust|DST has been awarded Ernst and Young's WebTrust™ Seal of assurance for Certification Authorities.
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About eFinance
In 2003, IdenTrust acquired eFinance Corporation. eFinance's innovative solutions enable companies to quickly and accurately gauge the financial soundness of their customers at each step of the financial supply chain -- from customer pre-qualification through credit extension, accounts receivable and payments.
eFinance's solutions strengthen the credit evaluation process and enable customers to manage transaction workflow better. Customers leverage eFinance technology to increase revenue and profitability while expanding their end customer base and improving customer retention and satisfaction.
Companies such as ADP and NEC currently use eFinance solutions to evaluate their customers and streamline the credit decisioning process.
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Offices
IdenTrust is a global company headquartered in San Francisco, with offices in London, New York, Washington DC and Salt Lake City, USA.
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Mission
IdenTrust helps organizations surmount the final obstacle preventing business-to-business Internet commerce from thriving: authentication of identity. Through a relationship with participating financial institutions, companies will be able to use the Internet to conclusively identify trading partners and conduct trusted business-to-business Transactions with any other participant in the IdenTrust system.
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Business Benefits
IdenTrust enables businesses to actively manage their e-commerce risks through trusted relationships with their financial institutions. Specifically, IdenTrust supplies the legal mechanisms and technology to let Internet trading partners trust in another's identity. Companies will be able to use the Internet to open new markets, reduce transaction costs and create auditable records of their transactions.
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