CheMatch and Cavio Corporation Form Partnership
Tools Will Enhance Site Security
CheMatch.com, a leading Internet-based market place and information resources for buying and selling commodity chemicals, plastics, feedstocks and fuel products, and Cavio Corporation, provider of fully automated authentication, data management and settlement solution for the online environment, are proud to announce their new partnership.
CheMatch will profile Cavio™ biometric authentication and verification technology on the exchange platform. This technology gives users the ability to fully authenticate members at the log on stage without the need for password/pin combinations thereby significantly enhancing site security. Further, members will now have the option to use Cavio technology as a verifying digital signature to confirm the acceptance of trade details. This technology may also be used to simultaneously initiate payment using either fund transfer direct from bank-to-bank or via a Letter of Credit using the EFT-DataLink payment network.
"Business on the Internet is about knowing who you are dealing with and making it (the Internet) work for you. The synergistic relationship between Chematch and Cavio is proof that today’s Internet is about getting the complete job done." Paul Mann-CEO and President.
"Cavio technology has the potential to provide an additional level of trust for CheMatch members. Our members are interested in new solutions for authentication and we look forward to working with Cavio to pilot and develop these solutions for our market,” said Roberta Kowalishin, SVP Business Development.
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