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Identrus LLC was formed in 1999 through a partnership of leading financial institutions. The main purpose is to enable a trusted business-to-business (B2B) ecommerce marketplace with financial institutions as the key trust providers. The organization provides identity validation and warranty protection for global B2B ecommerce. Identrus provides a vendor-neutral environment that has the legal backing of all that PKI brings.
As noted by the General Accounting Office:
|“||Identrus is a global rulemaking and coordinating body for a network of financial institutions that will act as certification authorities and thereby provide services designed, in part, to verify or authenticate the identity of customers conducting financial and nonfinancial transactions over the Internet and other open electronic networks. To provide these services, Identrus and its network of participating financial institutions will utilize digital certificates and digital signatures in an electronic authentication system based on public key cryptography.||”|
- CompliancesForum, What is Identrus.