SACRAMENTO, Calif. — The Golden 1 Credit Union has become the first CU to deploy the multi-factor authentication solution from Arcot Systems for its online banking members.

But the $6 billion CU didn't really go that much out on a limb. Far from the bleeding edge, Arcot Systems already provides the authentication engine used by more than 10,000 credit unions and banks in the Verified by Visa system, the company says.

The Sunnyvale-based company now offers its software-based version of the PKI (public and private key) hardware token system to providers of online banking. The system also can be extended to the use of digital signatures.

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