TORONTO, June 23 /CNW/ - SecureKey Technologies Inc., a provider of next
generation authentication solutions, has been awarded the ACT Canada 2009
Canadian Innovation Award in Banking and Finance.
"It is extremely gratifying to be recognized by ACT Canada given the
organization's 20 year history of promoting the awareness, understanding and
use of advanced card technologies" says Greg Wolfond, Chairman and CEO of
SecureKey's solution enables online service providers to accept
contactless cards or NFC devices as a second factor of authentication by their
customers to increase the security and convenience of transacting online.
"The ability to leverage all forms of CHIP cards carried by customers as
a strong second factor of authentication will significantly thwart online
fraud. This is the most innovative solution I've seen in a long time" says
Catherine Johnston, President and CEO of ACT Canada.
While contactless technology was initially implemented in credit and
debit cards to facilitate small, in-person retail purchases, SecureKey's
solution leverages these same cards to provide stronger authentication for
online financial services, online payments and network access.
About SecureKey Technologies Inc.
SecureKey Technologies Inc. is a privately held company based in Toronto,
Canada. SecureKey's innovative, patent-pending authentication technology
enables service providers to enhance their clients' online experience while
seamlessly increasing security and reducing fraud.
About ACT Canada
ACT Canada is the stakeholder association, focussed on secure payment,
secure identity management and other advanced applications. Now in their 20th
year, they are the authority on the Canadian market, supporting members
through working with key stakeholders.
ACT Canada helps members understand the market, public and private sector
applications and potential barriers. They facilitate knowledge transfer and
thought leadership through a neutral forum, while expanding members' networks.
Founded in 1989, ACT Canada is a non-profit membership association.
For further information:
For further information: Greg Wolfond, Info@SecureKey.com, (416)