Scotiabank’s e-commerce subsidiary e-Scotia and Diversinet Corp., a leading
provider of mobile commerce (m-commerce) security infrastructure solutions,
today announced an agreement for the incorporation of Diversinet’s advanced
wireless security products into e-Scotia’s managed security infrastructure.
The agreement grants e-Scotia a worldwide license to utilize Diversinet’s
Passport Certificate Server(R) and Passport Authorization Product(TM) for
e-Scotia customers requiring secure wireless e-commerce certification services.
e-Scotia will integrate Diversinet’s wireless security solutions into its
infrastructure in order to provide end-to-end wireless security services for
mobile commerce applications using wireless devices such as personal digital
assistants (PDAs), pagers, and smartphones.
“The incorporation of Divere-Scotia’s existing infrastructure enables e-Scotia
to deploy fully secure mobile financial service applications,” said Nagy
Moustafa, President and CEO, Diversinet Corp. “e-Scotia is respected globally
as a leader in e-commerce security solutions. The fact that they have chosen
Diversinet as their wireless security provider reinforces Diversinet’s leading
position in the wireless world.”
“We believe there is great potential for the future of m-commerce, and
Diversinet’s market leading security products will allow for the migration of
e-Scotia’s applications into a dynamic mobile world,” said Albert Wahbe,
Chairman and CEO of e-Scotia and Scotiabank’s Executive Vice-President
e-Scotia’s new wireless security service offering will be available globally.
Enterprises and wireless high-value application developers now have a trusted
third party to provide the wireless identity authentication services required
in mobile financial applications.
About e-Scotia and Scotiabank
e-Scotia is the trade name for Scotiabank’s e-commerce subsidiary specializing
in e-commerce products, sales and services. Scotiabank is one of North
America’s premier financial institutions, with about $275 billion in assets and
approximately 52,000 employees worldwide, including affiliates. It is also
Canada’s most international bank with more than 2,000 branches and offices in
over 50 countries. Scotiabank is on the World Wide Web at www.scotiabank.com.
About Diversinet Corp.
Diversinet is enabling mobile e-commerce (m-commerce) services with its
wireless security infrastructure solutions. The company was confirmed by the
Yankee Group (reference; The Yankee Group Report Wireless/Mobile Technologies,
Vol. 1, No. 7, September 2000, by Emily Williams and David Berndt), as having
the leading product technology for the delivery of end-to-end wireless security
infrastructure solutions to wireless device makers, ASPs and operators,
application software developers and network infrastructure providers. For more
information on Diversinet, visit the company’s web site at www.dvnet.com.