Business Services Industry
Vasco aims to secure the U.S. market; Stock surges on Web security demand overseas, but growth in States crucial.(Markets)
Crain's Chicago Business, April, 2007
Byline: MEGHAN STREIT A local company that's profited by protecting electronic commerce overseas is hoping Americans want a little more security when they bank online. Shares of Oakbrook Terrace-based Vasco Data Security International Inc. have surged 47% this year, hitting a seven-year high this month, as European and Asian banks snap up the company's top-selling device, the Digipass, to meet stricter government regulations for online transaction security.
The cracker-sized Digipass generates a random digital pass code to verify a user's identity when logging on to pay bills or make other online transactions. To sustain its momentum, Vasco must convince Americans that they need the same thing. In the United States, no such regulations exist, and many...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
