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Parallax Capital Partners, StepStone purchase majority stake in IdenTrust

Monday 30 September 2013 10:08 CET | News

Parallax Capital Partners, US-based software focused private equity company and StepStone, a global private equity company, have purchases a majority holding in identity authentication systems provider IdenTrust.

IdenTrust enables organizations to secure applications and networks, streamline electronic workflows, and provide online fraud protection and regulatory compliance by using a single digital identity that can authenticate, encrypt and create electronic signatures for every type of transaction or activity where identity is a necessary component.

IdenTrust digital certificates are actively deployed across 60 nations worldwide. IdenTrust is the largest provider of digital identities for the Department of Defense’s External Certificate Authority (ECA) program and the General Service Administration’s (ACES) program. In the UK, IdenTrust digital certificates secure more than 6 billion payment transactions annually, with an aggregate value exceeding USD 7 trillion.

IdenTrust provides a legally and technologically interoperable environment for authenticating and using identities in more than 175 countries.
 


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Keywords: Parallax Capital Partners, StepStone, IdenTrust, online fraud, online identity, US
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






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