Comerica - High Profile Transactions Made Secure with VeriSign from VeriSign, Inc.

You Are Here:

US Home > Resources > Success Stories > Finance > Comerica

Comerica

High Profile Transactions Made Secure with VeriSign

Entire story (PDF; 165KB)

Overview

Comerica is one of the 20 largest banks in the United States with $53 billion in total assets in September 2004. The company grew out of the Detroit Savings Fund Institute, which was founded before the U.S. Civil War. Comerica now operates in many U.S. states, as well as in Mexico and Canada.

Key Challenges

To provide a secure environment for online banking, Comerica needed a public key infrastructure (PKI) that could secure current systems, allow the bank to quickly accommodate thousands of additional certificates, and flexibly add services to meet demand.

“It works. It’s that simple. I have very high expectations, and VeriSign was able to meet my goals, my timeline, and my expectations. VeriSign is well established as the industry leader in outsourced PKI.”

Roxanne Lentz
Senior Security Analyst
Comerica

Solution

Comerica outsourced its PKI services to VeriSign, using VeriSign to deliver digital certificates to the bank’s business customers for wire-transfer transactions over the Internet.

Results

By outsourcing the PKI system, Comerica dramatically lowered costs, and the company’s IT department can focus on its core business.
In addition, Comerica was able to rapidly deploy Internet applications, and expand into the marketplace quickly.

Entire story (PDF; 165KB)