Japanese Banks Select RSA SecurID Tags, and more Feb 02, 2006 URL: http://www.financetech.com/showArticle.jhtml?articleID=178601073
Two Japanese Banks to Deploy RSA Tokens
Two Japanese banks have selected SecurID tags from RSA Security Inc. to provide multifactor authentication for online banking. Japan Net Bank and Sumitomo Mitsui Banking Corp. (SMBC) will deploy the password generating tokens to their Internet banking users.
SMBC will offer the SecurID tags as part of the bank’s One’s Direct Internet banking service, a network with over six million users.
Japan Net Bank will deploy the tokens to over one million online banking customers. In doing so, the bank becomes the first in the world to deliver two-factor authentication to all active account holders.
“In order to meet the high security expectations of Japan Net Bank customers, we have worked to consistently provide tools and services that deliver stronger protection for online transactions,” said a representative for Japan Net Bank, in a release. “Thanks to this stronger authentication capability, [our] customers will have the confidence of knowing that their online transactions are much more secure.”
R.R. Donnelley and EDGAR Online Partner for Reporting Compliance
R.R. Donnelley & Sons Company and EDGAR Online have entered into an exclusive agreement to offer public companies a full service SEC compliance solution, available immediately, that processes financial information into eXtensible Business Reporting Language (XBRL) format.
The partnering companies expect this relationship to enable public companies to proactively respond to the SEC’s recent call for the increased use of interactive data. EDGAR Online’s XBRL expertise will enable R.R. Donnelley to prepare quarterly and annual financial statements in XBRL for submission to the SEC. The service will enable clients to submit XBRL statements concurrently with their SEC filing or subsequently via a Form 8-K.
“Our collaboration with EDGAR Online allows us to immediately lower the XBRL adoption hurdles for our clients,” said Tom Juhase, president of R.R. Donnelley’s financial services unit, in a release. “Working with EDGAR Online enables us to move quickly as a new era of financial reporting begins.”
XBRL is a standards-based method with which users can prepare, publish, exchange and analyze financial statements and the information they contain. XBRL allows accountants and other financial professionals and regulatory organizations to identify items unique to business information, such as financial statements.
Axentis Introduces Integration Framework
Axentis, a provider of governance, risk and compliance management solutions, has introduced a new framework, Enterprise Integrator, enabling Global 2000 companies to integrate its Axentis Enterprise into their existing applications environment. The new framework will allow customers to manage all compliance issues through a single platform, helping address increased budgetary constraints while driving superior, real-time business performance.
“With the new integration framework, customers can more seamlessly integrate with their existing systems. This capability enables companies to efficiently manage all critical mandates from one platform, thus simplifying the process and ensuring optimal business performance,” said Robert Hoyt, VP of sales at Axentis, in a release.
Enterprise Integrator leverages the software-as-a-service model to bring down the total cost of ownership. It is delivered as part of Axentis Enterprise Foundation Services and includes a series of integration adaptors that can be configured to address additional standard or customer-specific applications. Enterprise Integrator helps customers implement compliance projects more quickly, reduce ongoing administration, and integrate related governance, risk and compliance applications.