SPYRUS announced that Toyo will be its partner in Japan for its SecureWeb Payments SET toolkit developed by its subsidiary, Terisa Systems Inc.
Toyo is a leading systems integrator for the financial industry in Japan and will use SecureWeb Payments to enable SET product development and integration in Japan. TIS also announced today its commitment to develop the Japanese Payment Option (JPO) module for SecureWeb Payments. Together TIS and SPYRUS will develop the electronic commerce market for SET in Japan, a leading market for SET product deployment.
At the RSA Data Security(R) Conference last week, SPYRUS/Terisa announced SETCo(R) (a joint venture between Visa and MasterCard) is using SecureWeb Payments as the basis for all SET compliance test suites. To obtain a license to use the SET trademark requires that the product pass a series of compliance tests developed for that application (SET Cardholder, Merchant, Payment Gateway or Certificate Authority). Only those products that pass all the SET Compliance tests will be granted a license to use the SET trademark. This mark, issued only by SETCo, signifies an official SET compliant application. The relationship between SPYRUS and TIS ensures timely certification and deployment of SET-certified products to the Japanese market in 1998.
TIS has been developing and operating credit card application systems for 15 years. “They have demonstrated skill in handling credit and financial systems on mainframe and front-end processors, and have been aggressively developing application package products under the client-server environment in the fields of science and industry,” said Sue Pontius, SPYRUS CEO. “In addition, they have been successfully running Internet service provider and content delivery for the past several years. Therefore, we expect TIS will provide competent products and services related to SET for us in Japan and will play a significant role in SET solution development for the electronic commerce industry.”
“TIS has selected SPYRUS/Terisa’s SecureWeb Payments SET toolkit for its recognized position by Visa, MasterCard and SETCo as the SET standard in the market,” said Yoshiyuki Uenishi, Director of Cyber Business Unit, Cyber Commerce Department at TIS. “The availability of the SET Toolkit with the JPO from SPYRUS and TIS is a key step forward in the deployment and acceptance of SET as the global payment standard for Internet transactions in Japan. TIS is committed to providing the highest quality code from SPYRUS and will help make this a reality by enabling multiple vendors to develop and certify their applications to ensure compliance with the SET certification.”
TERISA SYSTEMS SECUREWEB PAYMENTS SET TOOLKIT
SecureWeb Payments provides a complete development environment for creating CardHolder, Merchant, and Payment Gateway SET applications. SecureWeb Payments provides developers with the industry standard, tested, ready-to-use implementation of SET, in addition to a secure key database, certificate management system and the RSA Data Security BSAFE(tm) cryptography engine. The toolkit includes a complete set of sample applications and is shipped in C source code.
SPYRUS is the leading provider of high-assurance hardware cryptographic products that are Algorithm Agile(tm) and form factor independent. SPYRUS’ products provide encryption, digital signature, access control, and metering solutions for corporate IS, WWW/Internet and Intranet applications, electronic commerce, and government applications. The Company’s core products are built around its SPEX/(tm) library, a host-based API that supports application integration with a suite of hardware cryptographic products.
SPYRUS cryptographic products are intended for use with security-sensitive applications; protocols such as SET, SSL, S-HTTP, S/MIME, and Microsoft(R) Authenticode(tm) technology. The Company’s products are used with a variety of certificate authority products to provide critical infrastructure support for issuance and management of a deployed hardware token community.
Founded in 1992, SPYRUS is headquartered in San Jose, California and has branch offices in Columbia, Maryland; Waltham, Massachusetts; Somerville, New Jersey and London, England. In 1997 SPYRUS acquired Terisa Systems Inc., which operates as a wholly owned subsidiary in Los Altos, California.
ABOUT TOYO INFOrMATION SYSTEMS
TIS (Toyo Information Systems), since its founding in 1971, has continued to build on its solid foundation as a total information services business. Through its strength in Software Development, System Design, System Operation, Network Communication (VAN) and Database Services, TIS improves business performance for a diverse customer base.
A leader in a quickly changing industry, TIS is listed on the first section of the Tokyo and Osaka Stock Exchanges. The Company is officially recognized as a “systems integrator” and its facilities in Osaka and Tokyo are certified for “Computer Security for the Data Processing Industry” by the Japanese Ministry of International Trade and Industry (MITI). TIS is also registered by the Japanese Ministry of Posts and Telecommunication as a “Special Type II Carrier.”
Recognition for its expertise and dependability is reflected in a growing customer base both in Japan and internationally and the success of those customers in today’s competitive world markets.
Note to Editors SPYRUS is a registered trademark of SPYRUS. SPEX/ and Algorithm Agile are trademarks of SPYRUS. Terisa Systems(R) is a trademark of Terisa Systems Inc., a SPYRUS Company. SecureWeb Payments(tm) is a trademark of Terisa Systems Inc.
All other trademarks are the property of their respective owners.
This release is available on the SPYRUS web site atDetails