VASCO Data Security International, Inc. announced that People’s United Bank will use VASCO’s Digipass GO3 and VACMAN Controller to protect their high-value transactions. The Digipass-secured applications include ACH (Automated Clearing House), Wire Transfer, Information Reporting, Internal Transfers and Stop Payments Applications.

In addition to providing its expertise with deploying cash management and ACH applications, VASCO supported People’s United Bank’s deployment through their Fulfillment Services. Fulfillment of the Digipass Go3 to the end user included administering the order, customer file preparation, packaging, delivery, tracking, and returns processing.

Founded in 1842, People’s United Bank (www.peoples.com) is a subsidiary of People’s United Financial, Inc, a bank holding company with assets of $14 billion. People’s United Bank has more than 240 ATMs and 160 branches, 75 of which offer convenient seven-day banking in Super Stop & Shop locations in Connecticut. A diversified financial services company, People’s United Bank provides consumer, commercial, insurance, brokerage, financial advisory and trust services to personal and business banking customers. People’s United recently opened its first branch in New York State and announced its intention to acquire the Chittenden Corporation, which has offices in Maine, New Hampshire, Vermont and Massachusetts.

Marc Jacob B  

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July 2007