So much for old patents....NEXT:
Thursday September 7, 8:04 am Eastern Time Press Release SOURCE: RSA Security Inc. RSA Security Licenses Latest Encryption Software to CheckFree CheckFree to Deploy RSA Security Components to Further Strengthen Electronic Transaction Security BEDFORD, Mass., Sept. 7 /PRNewswire/ -- RSA Security Inc. (Nasdaq: RSAS - news) today announced that CheckFree Corporation (Nasdaq: CKFR - news), a leading provider of financial electronic commerce products and services, has licensed RSA Security software components to further enhance the security it provides for electronic payments, Internet-based payments, electronic commerce, and electronic transactions. CheckFree will license RSA Security's encryption-related products including RSA BSAFE® Crypto-C, RSA BSAFE Crypto-J, RSA BSAFE Cert-C, RSA BSAFE Cert-J, RSA BSAFE SSL-C, and RSA BSAFE SSL-J software.
``As we continue to grow our business, it is critical that we continue to have the industry's most advanced security infrastructure in place to allow our customers and partners to participate in secure transactions via the Internet,'' said Ravi Ganesan, vice chairman of CheckFree Corporation. ``RSA Security has been a trusted company for providing us security solutions in the past, and this arrangement allows us to further utilize their technology across more of our services.''
``CheckFree is a leader in electronic billing and payment, and enables consumers to simplify their financial tasks such as paying bills by managing them online,'' said Scott Schnell, senior vice president of marketing at RSA Security. ``We are pleased that CheckFree has selected a comprehensive RSA Security software solution, and look forward to working with them as they continue to provide a secure electronic transaction infrastructure to companies that want to offer the ability to make payments online.''
The RSA BSAFE® line of security software is embedded in today's most successful Internet applications, including Web browsers, wireless devices, commerce servers, e-mail systems and virtual private network products. Built to provide implementations of standards such as SSL, SMIME, WTLS, IPSec and PKCS, RSA BSAFE products can save developers time and risk in their development schedules.
About CheckFree
CheckFree (www.checkfree.com) is the leading provider of financial electronic commerce services and products. Founded as an electronic payments processor in 1981, CheckFree launched the first fully integrated electronic billing and payment solution in March of 1997. Today, CheckFree services enable 3.5 million consumers to receive and pay bills over the Internet or electronically. The company has multi-year contracts with 157 of the nation's top billers to provide on-line billing and payment through its network of partnerships with nearly 200 consumer service providers (CSPs), including banks, brokerage firms, Internet portals and content sites and personal financial management (PFM) software. CheckFree's Investment Services division provides a range of investment management services to help more than 255 institutions provide portfolio management and reporting services to their clients. CheckFree clients manage over 962,000 portfolios totaling more than $480 billion in assets. Software and services provided by CheckFree's Compliance and Financial Service division are used to process more than two-thirds of the nation's six billion Automated Clearing House payments. In addition, nearly 400 banks and businesses use reconciliation products and services the division provides.
About RSA Security Inc.
RSA Security Inc., The Most Trusted Name in e- Security(TM), helps organizations build secure, trusted foundations for e-business through its RSA SecurID® two-factor authentication, RSA BSAFE® encryption and RSA Keon® digital certificate management systems. With more than a half billion RSA BSAFE-enabled applications in use worldwide, more than seven million RSA SecurID users and almost 20 years of industry experience, RSA Security has the proven leadership and innovative technology to address the changing security needs of e-business and bring trust to the new, online economy. RSA Security can be reached at www.rsasecurity.com.
NOTE: RSA, BSAFE, Keon and SecurID are registered trademarks, and The Most Trusted Name in e-Security is a trademark of RSA Security Inc. All other products and services mentioned are trademarks of their respective companies.
SOURCE: RSA Security Inc. |