Société Générale and Bank of Tokyo-Mitsubishi UFJ Offer SWIFT's Identity Solution

Société Générale has made SWIFT’s digital identity solution, 3SKey, available to an additional 90 countries through the bank’s international cash management web portal, Sogecash Web. In addition, the Bank of Tokyo-Mitsubishi UFJ (BTMU) is now offering 3SKey in Asia.

Adding the availability around the world follows Société Générale’s initial rollout in Europe, and BTMU is the first Asian bank to offer the solution. 3Skey authenticates payments that require personal signatures, and the solution allows for multi-bank exchange through one portal. Société Générale expects 3SKey to replace bank’s proprietary solutions for signature identification.

Eiichi Kashiwagi, general manger, BTMU, added: “We selected 3SKey in response to a strong demand from our corporate clients for personal identification on file channels. We are convinced that advanced controls and open international standards will benefit corporates, banks and the industry as a whole.”