PWC Creates VeriSign Competitor
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PricewaterhouseCoopers [1] has developed its own digital certificate system to compete with market leader VeriSign [2].
The new company is called 'beTrusted,' and is based in Columbia, MD with 120 employees. Officials with PWC attributed the new company's creation to the explosive business-to-business marketplace and related developments.
Compared to VeriSign, who has concentrated mainly on business-to-consumer transactions, PWC thinks it can carve out its own piece of this $13.6 billion industry.
PWC also hopes to expand beTrusted to handle credit references and interbank fund transfers for its customer base.