Swivel, ARX Sign Worldwide Marketing and Sales Alliance

ARX, Inc. (Algorithmic Research), a global provider of standards-based electronic signatures, digital signatures, and information assurance solutions, and Swivel Secure Ltd, the tokenless two-factor authentication software company, announced a global technology, marketing and sales alliance to help customers complete approval signature processes effectively and with a higher level of security.

Through this partnership, joint customers will be able to expedite data capture processes, improve internal controls and with greatly enhanced authentication of the whole process.

"The integration between our two solutions will ensure the delivery of a highly secure digital signature solution, improved internal controls and enhanced compliance with regional and industry-specific regulations thanks to CoSign," said Fraser Thomas, Director of Business Development at Swivel. 

"There is a huge potential for multi-factor authentication worldwide.  In the US alone, only 50% of banks are ready to roll out with government mandated two-factor authentication, according to Celent.  PINsafe, coupled with ARX’s innovative and easy to use CoSign, will have the potential to make huge inroads into this market," adds Thomas.

ARX’s CoSign is a non-forgeable, simple-to-use, digital-signature solution that is tightly integrated with PINsafe, Swivel’s award winning tokenless two-factor authentication software. The joint solution enables Swivel customers to digitally sign documents, records, files, forms, and other electronic transactions. When using digital signatures, users can sign multiple document-format types including those from: Adobe®, Microsoft®, IBM®, and many others. Signing is simple with just a click and can be done directly from the desktop or any Web browser.

"Financial, commercial and governmental organizations wishing to comply with industry and territorial regulations will find the combination of our complementary product offering a compelling solution," said Dov Sharon, VP Business Development, International at ARX.  "Customers in these industries can simplify, seal, secure, and accelerate their business transactions using our joint offering".

Founded in 2000, Swivel Secure now has a network of over 50 channel partners covering Europe, North America, and Australasia as well as technology partnership agreements with specialist solution companies and leading IT manufacturers. Swivel’s flagship product, PINsafe, is one of the world leaders in tokenless two-factor authentication technology, which is based on the company’s patented protocol.

PINsafe, with its flexibility, ease of use, and low cost is now a recognized secure authentication technology for a wide range of remote network access in all market sectors including financial services, healthcare, local government, service industries and, manufacturing.