|Digital Signature Trust and ARCANVS Establish Partnership
SALT LAKE CITY, July 2 /PRNewswire/ -- Digital Signature Trust Co. (DST), an affiliate of Zions Bancorporation (Nasdaq: ZION profile), and ARCANVS(R), Inc. today announced they have executed a distribution agreement to offer ARCANVS CryptoNotary(R) Starter Kits to DST's growing base of government, mortgage, and financial institution clients. ARCANVS CryptoNotary digital certificates are used by licensed notaries public to digitally notarize electronic documents and transactions. DST joins a growing network of ARCANVS distributors who are equipping 5,000 CryptoNotaries this summer in preparation for electronic mortgages.
"Digital Signature Trust is the leading provider of digital certificates and identity validation services to government, mortgage, and financial institutions," according to Trell Rohovit, DST's senior vice president of strategic initiatives. "Our partnership with ARCANVS helps DST meet the needs of our clients as they conduct more business over the Internet. Notaries are a group as a whole that can serve a critical role in e-commerce and we're pleased to provide them with the tools they need to complete electronic notarizations."
According to Robert Ycmat, vice president of sales and marketing for ARCANVS, "Notaries are increasingly important as legally-binding transactions and documents are completed electronically. For example, CryptoNotaries can verify identity of borrowers who apply for digital certificates in addition to notarizing electronic mortgages. Even if borrowers elect to not receive their own digital certificates, they can legally execute electronic mortgages with simple typed-in signatures because the CryptoNotary confirms the borrowers' identity before notarizing the transaction."
DST's clients can immediately purchase CryptoNotary Starter Kits, which include (1) an ARCANVS CryptoNotary digital certificate for official digital notarizations, (2) a smart card and reader for enhanced security and portability, (3) user documentation, (4) live customer support, and (5) a three month subscription to the ARCANVS CryptoNotary ToolKit, an online software application that includes the notary forms for the respective notary's state and an online notary transaction log. The CryptoNotary ToolKit enables CryptoNotaries to digitally notarize any type of electronic file provided by their customers on floppy disk or via email.
|About Digital Signature Trust
Digital Signature Trust (DST) is the leader in guaranteeing the identity of individuals and businesses in digital transactions. By backing the strongest identity authentication practices with the industry's leading identity warranty program, DST provides the highest level of risk management available for private and trusted e-business. Acting as the trusted-third-party, DST provides outsourced digital certificate services so businesses can integrate digital signatures into their e-business applications quickly and efficiently. DST's TrustID(R) digital certificate program is sponsored exclusively by the American Bankers Association, which extends the heritage and trust of the banking industry into e-business. The American Bankers Association governs the TrustID certificate policy providing the foundation for truly interoperable digital credentials. TrustID is the only solution on the market that enables people and organizations to use the same digital certificate everywhere due to sound contract infrastructure. DST is a subsidiary of Zions First National Bank. For more information, please visit http://www.trustDST.com.
Founded in 1996, ARCANVS is a leading provider of identity-proofing processes and technology needed for warranted electronic transactions. ARCANVS enables companies to manage risk as they move existing paper-based processes to the Internet to reduce operating costs, improve customer service, and close transactions faster. ARCANVS' unique technology leverages the power of digital certificates with the enforceability of notarial law. For more information about the company's patented digital signature technology and security services, visit ARCANVS online at http://www.arcanvs.com.
Digital Signature Trust Co.
Web Site: http://www.trustDST.com