SecureKey Launches Online Authentication Service for Government of
SecureKey Concierge provides simple, secure and convenient access to
online government services using bank-issued credentials from BMO
Financial Group, Scotiabank, and TD Bank Group
OTTAWA, ONTARIO -- (Marketwire) -- 11/06/12 -- GTEC (booth #527)
SecureKey Technologies Inc. today announced the launch of SecureKey
Concierge, an innovative Credential Broker Service that allows
Canadians to use their bank authentication credentials to access
online services from the Government of Canada. Three of Canada's
largest banks, BMO Financial Group, Scotiabank, and TD Bank Group are
the initial Trusted Sign-In Partners, with other financial
institutions expected to follow in the coming months.
The new service is part of the Government of Canada's Cyber
Authentication Renewal initiative. No passwords or personal
information (i.e.: name, address, date of birth, etc.) are exchanged.
Trusted Sign-In Partners won't know which government service is being
accessed and the government won't know which Trusted Sign-In Partner
is being used. SecureKey Concierge is subject to the Privacy Act and
the Personal Information Protection and Electronic Documents Act
"SecureKey Concierge is the result of an innovative collaboration
between SecureKey Technologies and leading Canadian Financial
Institutions", said SecureKey Chairman, Greg Wolfond. "It provides
exceptional convenience for consumers by reducing the number of
usernames and passwords that they need to remember. At the same time,
SecureKey Concierge reduces the cost for government in regards to
issuing, storing and managing their own online user credentials."
Consumers are managing dozens, sometimes hundreds, of increasingly
complex login IDs, and using them interchangeably with many online
services, actually increasing their risk and exposure to damaging
online attacks. SecureKey Concierge mitigates these risks by using
existing credentials that consumers have and use frequently from
their banks (Trusted Sign-In Partners), who actively manage and
monitor security for their customers far beyond other conventional
providers of online credentials. It also forms the basis for a
broader ecosystem for other governments and public and private sector
organizations that could benefit from shared authentication by
Trusted Sign-In Partners.
Many Government of Canada departments have already implemented
SecureKey Concierge, allowing millions of citizens to use Trusted
Sign-In Partners to access federal government services online.
"BMO sees this as a natural extension of the services we offer our
customers," said David Heatherly, VP, Payment Products, BMO Financial
Group. "Our participation gives customers a secure, simple and
trusted verification process for accessing government services
online. It builds off the investments we have already made in Chip
and PIN, and related technologies for simpler, but more secure,
"In today's fast-paced world with more and more logins and passwords
required in every part of day-to-day life, Scotiabank is pleased to
partner with a service that makes it easier for our customers," said
Mike Henry, Scotiabank's Senior Vice-President and Head of Canadian
Retail Payments, Deposits and Lending. "Now, when accessing federal
government services online, our customers can simply use their
Scotiabank ID and password along with the peace of mind that their
personal information is securely protected."
"SecureKey Concierge complements TD's already extensive list of
services that are focused on customer convenience," said Paal
Kaperdal, SVP, Online Banking, TD Bank Group. "This partnership
enables our customers to access online government services in a
secure, comfortable format, and is a great example of how government
and industry are working together to create innovative solutions for
Watch the video overview of SecureKey Concierge here:
http://youtu.be/kSJXuhD2tvo or, for more information, visit:
About SecureKey Technologies Inc.
SecureKey provides an innovative platform-as-a-service for
authentication, payment and identity. By embedding its security
client in laptops, tablets, and mobile devices, SecureKey enables
partners to deliver scalable, easy-to-use solutions with the security
of chip-based identity and payment credentials. Financial
institutions, healthcare providers, telecoms, and government
organizations are using SecureKey today to provide two-factor and
federated authentication and identity solutions. SecureKey is a
privately-held company based in Toronto, Canada, with backing from
leading technology, payments and mobile industry network providers.
For more information visit www.securekey.com.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a
highly diversified North American financial services organization.
With total assets of $542 billion as at July 31, 2012, and more than
46,000 employees, BMO Financial Group provides a broad range of
retail banking, wealth management and investment banking products and
Scotiabank is one of North America's premier financial institutions
and Canada's most international bank. With more than 81,000
employees, Scotiabank and its affiliates serve some 19 million
customers in more than 55 countries around the world. Scotiabank
offers a broad range of products and services including personal,
commercial, corporate and investment banking. With assets of $670
billion (as at July 31, 2012), Scotiabank trades on the Toronto (BNS)
and New York Exchanges (BNS). For more information please visit
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively known
as TD Bank Group (TD). TD is the sixth largest bank in North America
by branches and serves approximately 22 million customers in four key
businesses operating in a number of locations in key financial
centres around the globe: Canadian Personal and Commercial Banking,
including TD Canada Trust and TD Auto Finance Canada; Wealth and
Insurance, including TD Waterhouse, an investment in TD Ameritrade,
and TD Insurance; U.S. Personal and Commercial Banking, including TD
Bank, America's Most Convenient Bank, and TD Auto Finance U.S.; and
Wholesale Banking, including TD Securities. TD also ranks among the
world's leading online financial services firms, with approximately
8.5 million online customers. TD had CDN$806 billion in assets on
July 31, 2012. The Toronto-Dominion Bank trades under the symbol "TD"
on the Toronto and New York Stock Exchanges.
GTEC, the Government Technology Exhibition and Conference, is now in
its 19th year and is produced in Ottawa by UBM TechWeb. The event
includes a professional development conference, a major exhibition,
the Distinction Awards Gala and an international delegates program.
Over the past five years, GTEC has explored "Government 2.0" as a way
for governments to integrate Web 2.0 technologies into their service
transformation efforts. More information on GTEC can be found at
SecureKey Technologies Inc.
Director, Marketing Communications
SecureKey Technologies Inc.
EVP, Digital Identity & Government Solutions
Corman Communications, LLC
TD Bank Group
Corporate and Public Affairs
BMO Financial Group
Director, Corporate Media Relations and Issues Management
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