Archivi categoria: International

InfoCert joins Sovrin Network, the first distributed digital identity system based on blockchain technology

Tecnoinvestimenti Group invests in the blockchain technology through one of its companies

Rome, 22 September 2017 – InfoCert, the largest Certification Authority in Europe and part of the Tecnoinvestimenti Group, announces its participation in the project of the Sovrin Foundation, a nonprofit organization based in the USA, for the launch of the Sovrin Network, the world’s first distributed and decentralized digital identity management System (self-sovereign digital identity). InfoCert is one of the founding members of the Foundation, as well as the first Certification Authority to join the project.

The Sovrin Network is based on blockchain technology also called “distributed ledger”. Innovative and disruptive, this system aims to allow individuals and organizations to create digital identities which can be managed in absolute control and regardless of governmental bodies, institutions or organizations.

The participation in the network is part of the R&D initiatives of InfoCert, which devotes in this area significant investments, on average about 6% of annual sales.

Instead of being based on a single system with a central administrator, distributed ledger is managed in a cooperative mode by a global pool of participants and identity records are stored redundantly at different nodes. The result is a reliable and shared source of truth, resilient to hacking and service issues.

The network is offered as a free public resource and any entity can develop fast, protected, and secure identity applications upon it. The Sovrin Network is active and is managed on validator nodes hosted by the “stewards” which are appointed by the Sovrin Foundation, as is the case with InfoCert. The stewards must agree the Sovrin Provisional Trust Framework and have the task of assigning the digital identity to the participants.

In addition, stewards are appointed by the Sovrin Foundation to ensure the reliability and trust of the network: unlike other distributed networks based on blockchain technology, Sovrin network is a “permissioned network”.

Digital trust and innovation are our core business, which is why we are part of this initiative” says Carmine Auletta, Chief Innovation Officer of InfoCert, company that manages every year over 300 million of digital transactions in Trust Services. “Today Certification Authorities like InfoCert are playing a key role in managing digital identities. Blockchain in the future could empower people but also companies or even objects to effectively manage, control and rule their own identities. We look forward to testing such promising technologies and finding ways to bring real value to our customers”.

 The Sovrin Network’s business model is linked to the process of managing identities and on the transactions managed on the node.

To date, there has been a trial version of the platform released in September 2016, with the establishment of the Sovrin Foundation. With the current release of the entire network, digital identities can be included in the “ledger” of Sovrin and the developers can start implementing solutions based on the use of distributed identity.

 “The promise of a global system of public identity that gives anyone control over its digital identity and the absolute confidence in the identity of counterparties is now finally becoming reality ” says Phillip j. Windley, President of Sovrin Foundation. “Since the advent of the internet, there has been a strong sense of lack of a “self-sovereign” identity. Thanks to the development of distributed ledger/blockchain technology and the performance and privacy features implemented by Sovrin, it is now possible to overcome this incredible gap due to the architectural design of the internet.

Windley believes that the killer application of Sovrin Network will be the online exchange of identity declarations as well as claims by third parties, which will work just like physical credentials in the physical world. These statements allow remote identification of personal identities which remain under the control of the registrant, but are valid and safe at least as the physical display of traditional identity documents.


InfoCert SpA

Infocert, Tecnoinvestimenti Group, is a leader of the Italian market of digitization and dematerialization services as well as a leading Certification Authority at European level for the services of certified mail, digital signature and digital preservation of documents. Infocert is digital identity Manager credited AgID of citizens and businesses within SPID (public system for Digital identity management). Infocert is expanding its operations internationally and in 2016 it sold its digital transformation services in more than ten foreign countries.

Infocert invests significantly in quality and research and development. The company holds a significant number of patents while ISO 9001 quality certifications, 27001 and 20000 demonstrate the commitment at the highest levels in the provision of services and security management. Information security management system InfoCert is certified ISO/IEC 27001:2013 for EA activities: 33-35. Infocert is a Provider of Digital Trust services fully comply with the requirements introduced by regulation and IDAs (EU regulation 910/2014). In particular, the company has been certified by Qualified Trust Service providers, confirming that your service delivery processes are compliant with the standards ETSI EN 319 401. In 2017 InfoCert resulted in 80% its share of shares in Sixtema, the world’s technological partner CNA, which provides technology solutions and consulting services to SMEs, associations, financial intermediaries, professionals and organizations.

Gruppo Tecnoinvestimenti

Infocert also acts as European Certification Authority and is an Identity provider accredited by the Italian Government.  The Business Unit Credit Information and Management, in which companies and their subsidiaries, Ribes, Assicom offers services to support decision making as certified information, aggregated reporting, synthetic rating, decision models, with particular reference to the scope of delivery and recovery of the claim. ReValuta offers real estate services, including assessments and evaluations. The Business Unit Sales and Marketing Solutions, through the company Co. Mark, offers solutions and tools to organize the business activities of small and medium-sized companies toward geographical expansion, even across borders. The Tecnoinvestimenti Group has a turnover of €147.3 million and an EBITDA of 2016 €29.7 million and net income of €12.1 million. Net profit adjusted for non-recurring items and amortisation recognised for business combinations is equal to €15.9 million.  It is listed on the stock exchange in the STAR segment of the Milan Stock Exchange.

Sovrin Foundation

The Sovrin Foundation, non-profit international organization, is governed by a Trust Framework of constitutional type that ensures its independence from the influence of Governments and industries and confirms its commitment to providing a digital identity self-sovereign in everyone. The network Sovrin is administered by independent managers, called stewards, and uses the power of a technology “distributed ledger” hybrid which fast and secure framework, to provide each person, organization and connected device an identity permanent with which to carry out online transactions and operate safely in everyday life.

Click here to learn more about the Trust Framework that underlies the network Sovrin.

 For more information:

Tecnoinvestimenti
Corporate & Financial Communications

Lawrence Y. Kay

E-mail: lawrence.kay@tecnoinvestimenti.it

Carla Piro Mander

Tel. +39 06 42 01 26 31

E-mail: carla.piro@tecnoinvestimenti.it

Media Advisor

Barabino & Partners S.p.A.

Foro Buonaparte, 22 – 20121 Milano

Tel.: +39 02 7202 3535

Stefania Bassi: +39 335 6282 667

s.bassi@barabino.it

 

Specialist

Intermonte SIM S.p.A.

Corso V. Emanuele II, 9 – 20122 Milano

Tel.: +39 02 771151

InfoCert
Press Office  InfoCert

BMP Communication for per InfoCert

Email: team.infocert@bmpcomunicazione.it

Pietro Barrile +393207008732 – Michela Mantegazza +393281225838 – Francesco Petrella +393452731667

Media Room InfoCert: http://mediaroom.infocert.it/

www.infocert.it

Sovrin Foundation
Judd Bageley

Sr. Director of Communications

Email: judd.bagley@sovrin.org

Tel: +1  385 237 0162

 

InfoCert was awarded the EU tender for the digital transformation of Frontex

The European Border and Coast Guard Agency (Frontex) will digitalize its workflow processes and signature procedures

Rome, 22 June 2017 The ambitious objectives of our digital workplace project are to improve, streamline and optimize our internal workflows and procedures; strengthen their governance and simplify their management – explains Pawel Sadownik, Frontex Project Manager – The electronic signature and electronic seal solutions are considered critical enablers to these improvements. Being able to use the technical, regulatory and business expertise as well as the innovative solutions provided by InfoCert, will strongly facilitate critically important changes in our internal processes”.

Based on these drivers, InfoCert, member of the Tecnoinvestimenti Group and the largest Certification Authority in Europe, announces that it has been awarded the public tender for the digital transformation of document and workflow procedures of Frontex, the European Border and Coast Guard Agency.

The project, which will last for three years and could be extended, foresees InfoCert providing assistance to Frontex to implement the most advanced and technologically secure Digital Signature solutions and Digital Trust services (eIDAS compliant qualified electronic signature certificates and qualified time stamps).

Supported by InfoCert, Frontex will digitalise its internal workflow processes, thereby eliminating paper, reduce operational risk and increase organisational efficiency and governance. With InfoCert’s GoSign solution, signature processes will be managed easily in a fully digital and collaborative fashion, enabling the secure management and sharing of simple documents as well as structuring seamless complex workflow procedures to be effected from any device, such as smartphones, personal computers or tablets.

The award of the Frontex tender represents InfoCert’s most recent success in its European expansion strategy.  The Company, in just few months, has gained prestigious clients, in both the public and private sectors, in the United Kingdom, France, Belgium, Holland, Slovenia, Austria, Romania and Poland and intends to continue this strategy.

In 2016 the European Commission selected our eIDAS certified Time Stamping service  which now guarantees the full legal validity of EU official publications in electronic format – declared Carmine Auletta, Chief Innovation Officer of InfoCert. Today we are delighted to be able to start a new, prestigious collaboration with an important institution like Frontex. This 3 year project confirms the appeal of our solutions and the soundness of our international strategy and strengthens our motivation to pursue more ambitious expansion goals”.

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InfoCert SpA

InfoCert, member of the Tecnoinvestimenti Group, is the Italian market leader in digitalisation and dematerialisation services, one of the main European Certification Authorities and Provider of Trust Business Solutions such as e-Delivery, e-Signature and Long-Term Preservation. In Italy, InfoCert is an official Identity Provider (accredited by AgID) for citizens and companies in the SPID (Public System for management of the Digital Identity) environment. InfoCert is expanding g internationally and in 2016 successfully marketed its digital transformation services in over ten foreign countries.

InfoCert invests considerably in quality and research and development. The Company holds a significant number of patents and its ISO 9001, 27001 and 20000 quality certifications are proof of InfoCert’s full commitment to the highest levels of service, compliance and safety. InfoCert’s Information Security Management System is also ISO/IEC 27001:2013 certified for EA:33-35 activities. InfoCert is a Trust Service Provider fully compliant with the requirements introduced by the eIDAS Regulation (EU regulation 910/2014). In particular, the Company received certification as Qualified Trust Service Provider, confirming that its service provisioning processes comply with ETSI EN 319 401 standards.

Earlier in 2017 InfoCert increased its ownership to 80% in Sixtema, the technological partner of the CNA (National Confederation of Artisans), which provides Information Technology software and consulting services to small and medium-sized companies, professional associations and offices.

 Tecnoinvestimenti Group

Tecnoinvestimenti Group is one of Italy’s top operators in its three areas of business: Digital Trust, Credit Information & Management and Sales & Marketing Solutions. The Digital Trust Business Unit, through the companies InfoCert, Sixtema and Visura, provides products and services for document digitalization, electronic billing, electronic delivery and digital signature. InfoCert is the leading European Certification Authority and a Digital Identity Providers accredited with the Italian Government. The Credit Information & Management Business Unit, which includes the companies Ribes, Assicom and their subsidiaries, offers credit decision-making support services such as Chamber of Commerce and real estate information, aggregate reports, summary ratings, decision-making models, real estate appraisals and valuations, with special emphasis on the supply and assessment of credit and collection services. The Sales & Marketing Solutions Business Unit, through the company Co.Mark, offers solutions and tools to help small and medium-sized companies expanding internationally.
The Tecnoinvestimenti Group reported revenue of €147.3 million, EBITDA of €29.7 million and a net profit of €12.1 million in 2016.The adjusted net profit, which excludes nonrecurring components and the amortization recognized in connection with business combinations, amounted to €15.9 million.
Tecnoinvestimenti is listed on the STAR segment of the Milan Stock Exchange.

For further information:

 Tecnoinvestimenti
Corporate & Financial Communications

Lawrence Y. Kay

E-mail: lawrence.kay@tecnoinvestimenti.it

Carla Piro Mander

Tel. +39 06 42 01 26 31

E-mail: carla.piro@tecnoinvestimenti.it

Media Advisor

Barabino & Partners S.p.A.

Foro Buonaparte, 22 – 20121 Milano

Tel.: +39 02 7202 3535

Stefania Bassi: +36 335 6282 667

s.bassi@barabino.it

 

Specialist

Intermonte SIM S.p.A.

Corso V. Emanuele II, 9 – 20122 Milano

Tel.: +39 02 771151

InfoCert
InfoCert Press Office

BMP Comunicazione for InfoCert

Email: team.infocert@bmpcomunicazione.it

Pietro Barrile +393207008732 – Michela Mantegazza + 393281225838 – Francesco Petrella + 393452731667

Media Room InfoCert: http://mediaroom.infocert.it/

www.infocert.it

 

INDEPENDENT STUDY CONFIRMS SUBSTANTIAL BENEFITS AND A 174% ROI ASSOCIATED WITH THE ADOPTION OF INFOCERT’S TRUSTED ONBOARDING PLATFORM (TOP)

Frauds decreased by more than 84%, study confirms

Rome, Italy, 9th January 2017 – InfoCert, part of Tecnoinvestimenti Group and the largest Certification Authority in Europe, has commissioned Forrester Research, the market research company based in Cambridge MA, a study for the measurement of economic benefits associated with the adoption of InfoCert’s Trusted Onboarding Platform (TOP) by a major European bank.

According to Forrester, the Trusted Onboarding Platform adoption enabled the bank to increase its online customer’s conversion rate by 30% and to reduce frauds by 80%. Overall the resulting benefits yielded a 174% ROI for the bank with a payback period in terms of months.

Trusted Onboarding Platfor (“TOP”) is InfoCert’s patented solution for client on-boarding and distance contracting, enabling the remote identification of customers and the signature of contracts according to the eIDAS Regulation. TOP enables the on-boarding of new customers through a 100% digital experience in less than 8 minutes.

The study was carried out by Forrester Consulting using the Total Economic Impact (“TEI”) methodology, developed to measure the value of a technology investment in terms of benefits, costs, risks and flexibility.

The analysis was based on data gathered by Forrester during interviews with the bank’s representatives. The bank has used InfoCert’s TOP for several years to offer a fully digital on-boarding experience to its customers. Data were processed by Forrester using risk-adjustment criteria for alignment with potential standing of other institutions. Key findings reported in the TEI study:

  • Overall benefits amounting to 14.7 million Euro
  • Net present value of benefits amounting to 11.6 million Euro
  • A 174% Return on Investment (ROI)
  • Over 80% in frauds reduction, down from 06% to 0.01%
  • A 30% increase in prospect-to-customer conversion rate
  • A 0,6 months payback period

The findings of this study, conducted by the independent operator Forrester, highlight the innovative value of our Trusted Onboarding Platform”, said Danilo Cattaneo, InfoCert CEO. “Most importantly, they exemplify our vision of digital transformation as the ability for an organization to revolutionize its business approach through cutting-edge digital services and to achieve immediate and substantial benefits, not only financially but also in terms of risk management, as the sharp reduction in frauds by more than 80% confirms”. 

InfoCert SpA

InfoCert is a leading company in the Italian market in the field of digitalisation and dematerialisation services and one of the main European Certification Authorities for Certified E-Mail and Digital Signature services and the digital storage of documents.

InfoCert is also AgID’s accredited provider of digital proofs of identity to citizens and companies within SPID (Public Digital Identity Management System).

ISO 9001, 27001 and 20000 quality certifications are proof of InfoCert’s total commitment in providing services and managing security. InfoCert’s Information Security Management System is also ISO/IEC 27001:2013 certified for EA:33-35 activities.

InfoCert provides Digital Trust services that fully comply with eIDAS requirements (EU Regulation No. 910/2014). As a Qualified Trust Service Provider of time-stamping services, the company’s service delivery process complies with ETSI EN 319 401 standards.

InfoCert – a company owned 99.9% by Tecnoinvestimenti SPA – has a 35% stake in Sixtema, the technological partner in the CNA (National Association of Craft trades and SMEs)  field and a 100% stake in Eco-Mind App Factory, a company specialising in digital workplace solutions. .

Tecnoinvestimenti Group reported pro-forma sales of roughly 160 million Euro and pro-forma Net Income of 15.7 million Euro in 2015 and is listed on the STAR segment of the Milan Stock Exchange.

The Group ranks among the leading operators in Italy in Digital trust services, Credit Information & Management and Sales & Marketing Solutions to banks and SMIs.

It is made up of three business units. The Digital Trust business unit, through the companies InfoCert and Visura, provides products and services for documentation digitalisation, electronic billing, certified mail and digital signatures. It is a Certification Authority and one of three Identity providers recognised in Italy.

The Credit Information & Management business unit, in which the companies Ribes, Assicom and their subsidiaries operate, offers services in support of decision-making processes such as chamber of commerce and real estate information, aggregate reports, summary ratings, decision-making models, real estate reports and evaluations, with particular reference to the areas of issuing, evaluating and recovering credit.

The Sales and Marketing Solutions business unit, through the company Co.Mark, offers solutions and tools for accompanying small and medium-sized companies in undertaking international expansion.

InfoCert Press Office

BMP Comunicazione

team.infocert@bmpcomunicazione.it

Pietro Barrile – 320.7008732

Michela Mantegazza – 328.1225838

Francesco Petrella – 345.2731667

InfoCert Media Room:

http://mediaroom.infocert.it/

Online Magazine:

http://futurodigitale.infocert.it/

THE EUROPEAN COMMISSION CHOOSES INFOCERT FOR TIME STAMPING THE OFFICIAL JOURNAL IN COMPLIANCE WITH THE NEW EIDAS REGULATION

The EC Directorate-General for Informatics (DIGIT) has selected InfoCert trust service to guarantee the legal validity of the European Union official publications

Rome, 5 September 2016 InfoCert, part of the Tecnoinvestimenti Group and among the leading European Trust Service Providers, announces that its eIDAS certified Time Stamping service has been selected by the EC Directorate-General for Informatics (DIGIT) to guarantee the full legal validity of official publications circulated in electronic format by the EU Publications Office.

These include the Official Journal (OJ), the main source of information and legislative updates of the European Union, digitally available since 2013.

DIGIT requires the presence of qualified digital signatures on all EU official publications as well as a qualified time stamp to certify the issuing date and time of each document.

Following the entry into force of the eIDAS Regulation, DIGIT has identified InfoCert as a qualified and reliable partner to comply with the requirements of the new provisions.

Indeed, InfoCert was among the first European Certification Authorities to obtain the certification as a Qualified Trust Service Provider for the Time Stamping service and has supplied DIGIT with the trust components required for ensuring that the digital signatures used by the EU Publications Office, which also publishes on behalf of the European Court of Justice, fully comply with the new regulation.

Furthermore the European Commission will also apply InfoCert’s eIDAS qualified time-stamps to the professional certificates signed by the Internal Market Information system to support professionals in their cross border business within the EU.

“The European Commission – says Tom Vekemans, Head of DIGIT B.1 Unit (Architecture office, Consultancy, Innovation and Relationship Management) – is pleased to use the InfoCert timestamping service as one of its underpinning services, resulting in higher security and more convenience for its online activity”.

“To be chosen by DIGIT for ensuring, through our services, the legal validity of the official publications of the EU is a great source of pride for us”. – declares Danilo Cattaneo, CEO of InfoCert. “It confirms how our solutions are appreciated in Europe by the most demanding customers and boosts InfoCert position as a reference Trust Service Provider in the European Union”.

 

InfoCert SpA

InfoCert, with offices in Italy and the United Kingdom, is a leading provider of Trust business solutions which includes, among other things: e-Delivery, e-Signature, e-ID, e-Invoice and Long Term Preservation. InfoCert incorporates a Certification Authority, with a liability for services requiring a EU level of assurance and trust – per eIDAS, 1 July 2016.

ISO 9001, 27001 and 20000 quality certifications are proof of InfoCert’s full commitment to the highest levels of service, compliance and safety. InfoCert’s Information Security Management System is also ISO/IEC 27001:2013 certified for EA:33-35 activities.

InfoCert is a Trust Service Provider fully compliant with the requirements introduced by the eIDAS Regulation (EU regulation 910/2014). In particular, the company received certification as Qualified Trust Service Provider for the Time Stamping service, confirming that its service provisioning processes comply with ETSI EN 319 401 standards.

InfoCert is part of the Tecnoinvestimenti Group.

 

Tecnoinvestimenti Group

Tecnoinvestimenti Group ranks among the leading operators in Italy in Digital trust services, Credit Information & Management and Sales & Marketing Solutions. It is composed of three main business units. The Digital Trust business unit, through the company InfoCert, provides products and services for documentation digitalisation, electronic billing, certified mail and digital signatures. The Credit Information & Management business unit, in which the companies Ribes, Assicom and their subsidiaries operate, offers services in support of decision-making processes such as chamber of commerce and real estate information, aggregate reports, summary ratings, decision-making models, real estate reports and evaluations, with particular reference to the areas of issuing, evaluating and recovering credit. The Sales and Marketing Solutions business unit, through the company Co.Mark, offers solutions and tools for accompanying small and medium-sized companies towards geographical expansion beyond the border.

 

InfoCert Press Office

BMP Comunicazione

team.infocert@bmpcomunicazione.it

Pietro Barrile – (+39) 320.7008732

Michela Mantegazza – (+39) 328.1225838

Francesco Petrella – (+39) 345.2731667

 

InfoCert Media Room:

http://mediaroom.infocert.it/

Online Magazine:

http://futurodigitale.infocert.it/