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Digital Signature Capability Moving In China

August 10, 2006
Security

The Tianjin Payment Document Clearing and Settlement Center of the People's Bank of China signed a contract to deploy the Unisys (UIS) check processing system to enable digital signature capabilities.

The project includes Unisys Network Document Processor solutions with a built-in digital signature function that represents the first application of its kind in China, laying the foundation for secured image exchange and check truncation capabilities.

The Center intends the solutions to replace its legacy check clearing system, and plans to integrate new technology with a range of existing applications.

Under the terms of the agreement, the Tianjin Branch Payment Document Clearing and Settlement Center will deploy multiple Unisys high-speed NDP1150 and tabletop Source NDP document processing systems, along with application software. The new configurations will support its regional check processing operation in Tianjin as well as check transfer processing for the Beijing and Langfang operations of PBOC.

The NDP1150 can be upgraded easily and the deployment at the Tianjin Branch Settlement Center can be flexibly scaled to meet the Center's future growth requirements.

A contract signing ceremony was held in Tianjin and officiated by Lu Fen, director of PBOC Tianjin Payment Document Clearing and Settlement Center, and David Wu, partner and general manager of Global Financial Services for Unisys in China.

Tags: agreement | applications | bank | Bank of China | Beijing | China | contract | digital | digital signature | finance | financial | financial services | general manager | Langfang | network | payment | PBOC | People's Bank of China | processor | Software | technology | Tianjin

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