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Suncorp inks new deal with Secure eSolutions

  • 12 October, 2005 08:58

<p>BRISBANE, October 12. Suncorp has signed an agreement to continue using Secure eSolutions’ Australian-developed software for its payments processing.</p>
<p>The financial services company has used Australian-owned Secure eSolutions since 1998. Secure eSolutions announced today that the deal had been renegotiated on similar and mutually advantageous terms.</p>
<p>“We are pleased to secure an extension of our software licensing with Suncorp, and we understand they will benefit too, since there are very few companies now that provide dedicated payments processing software,” said Secure eSolutions CEO Mr Peter Stewart.</p>
<p>About Secure eSolutions</p>
<p>Zanell Pty Ltd, trading as Secure eSolutions (SeS), is the most experienced provider of payments solutions to the Australian banking industry. SeS’s on-line payments system for direct credit and direct debit, based on the CS2 clearing standard, has evolved over the past 17 years. Today SeS provides a definitive suite of solutions that satisfy all the requirements of a sophisticated Business-to-Bank payments environment.</p>
<p>SeS meets or exceeds all existing and emerging commercial standards for security and non-repudiation through the implementation of PKI based on 2048 bit RSA and X.509 certification. More than 4,000 Australian businesses conduct online business with their banks by utilising SeS's Trusted Payments Architecture (TPA) for their medium to high value bank transactions.</p>
<p>SeS also provides consulting and technical services to deliver a complete and secure architecture around applications that includes Smartcard/Biometric security and PKI Certification Authority services, to deliver world-class payment and clearing solutions.</p>
<p>About Suncorp</p>
<p>Suncorp, a national financial services company, is the fourth largest general insurer in Australia and the sixth largest bank with a market capitalisation of more than $11 billion. Suncorp is a top 20 Australian company operating integrated banking, insurance and wealth management businesses. The Group has more than 3.8 million customers, more than 8,000 staff, 35 GIO agencies, 174 Suncorp retail outlets, 57 business banking outlets and approximately 177, 590 shareholders.</p>
<p>For more information</p>
<p>Peter Stewart or Ben Corby David Frost
Secure eSolutions PR Deadlines Pty Ltd
Tel. 61-2-9437 9815 Tel. (02) 4341 5021</p>

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