VERISIGN AND NETEGRITY announced Tuesday a new service to help their customers more securely manage transactions over e-commerce sites and corporate intranets.
The companies have teamed up to create the Entitlements Management Service, which will allow the identity verification of e-commerce site users either manually, using internal databases, or against public or proprietary data sources such as a credit agency. Access can be granted or denied based on defined risk parameters, using digital certificates, and the parameters can be changed on the fly as credit information or payment status changes.
Services will include online authentication, digital credentials and signatures, authorization, and policy management.
Clients may want to know "What is the status of this person real-time?" said Barry Bycoff, chairman and CEO of Netegrity in a news conference. "Do we want to pay this person real-time?"
The companies will use the S2ML (Security Services Markup Language) standard for the hosted service. S2ML enables companies to exchange security information.
Mountain View, Calif.-based VeriSign and Waltham, Mass.-based Netegrity will also team up on joint certification programs based on emerging XML security standards and also will sell and market the service jointly to the their customer bases.
The fully hosted service will be available at the end of the second quarter.
