"a fully audited, bonded and biometrically authenticated payment system that eliminates the paper burden and, more importantly, reduces the cost of corporate fraud and embezzlement" Authentus Internet bonds constitute a guarantee to the Internet customer of the authenticity, legality and credit worthiness of the vendor. They also assure the customer that the product or service being offered will be delivered as ordered, that the goods are not misrepresented and that the vendor has the legal right to sell them. The success of an enterprise s E-commerce services is dependent on the customers acceptance of the validity and dependability of the vendor. The Authentus Internet Bonding and Payment System gives the required level of security and assurance. The problems of Internet fraud are growing where now 8% of shipped goods and 22% of digital good transactions are fraudulent. 92% of Internet sites do not use automated credit card payment processing services and 99% do not use the SET or any other security standard for on line payments. This represents a glaring security hole, explains why 300,000 credit cards were stolen recently from CD Universe and demonstrates the need for Authentus. Over the years, insurance products such as contractors bond and consumer protection insurance were developed to address the need to provide assurance to the purchaser of the dependability of the vendor. The traditional value of the surety was its guarantee that the contractor would live up to its obligations. In the world of the Internet/Intranet the need for this type of guarantee is increasing because of the ability of a single individual to portray themselves as anything and anybody to anyone. e-witness sister company Authentus Incorporated offers an Internet based policing and recovery mechanism to eliminate the potential for abuses. Combine Authentus with the power of e-witness s bio-authentication PKI plug-in, and all customers and vendors on the Internet will enjoy a new level of security - a fully audited, bonded and biometrically authenticated payment system that eliminates the paper burden and, more importantly, reduces the cost of corporate fraud and embezzlement. Click here to visit the Authentus web site.
E-witness Inc is North York-based company (Ontario, Canada) with a phone number 4166653566. Our data show that the company is located at the address: 708-4101 Yonge St. The company has a web site: www.e-witness.ca.
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