SecureKey Technologies Inc. has been awarded a contract by the Government of Canada to provide an innovative Credential Broker Service (CBS) that will allow Canadians to use their bank authentication credentials to obtain access to online government services.
BMO Financial Group, TD Bank Group and Scotiabank have been selected as the inaugural credential providers.
Users of the CBS will authenticate through their bank but neither their login credentials nor the identity of their bank will be shared with the Government of Canada. Similarly, no information about the government service being accessed by the user will be shared with the user’s bank.
The CBS will go live in 2012 and will be made available to all Government of Canada Departments and Agencies.
Toronto based SecureKey is a developer of innovative hardware and software solutions that extend the power of chip-based identity and payment credentials to online and mobile transactions. SecureKey is backed by Intel Capital and private investors.
