U.S. Fed approves merger between BB&T, SunTrust Banks

BB&T | November 20, 2019

The U.S. Federal Reserve said on Tuesday it approved a merger between BB&T Corp and SunTrust Banks Inc, sealing the biggest tie-up of banks since the 2007-2009 global financial crisis. Analysts have said such a tie-up has been made possible by regulatory easing under the administration of President Donald Trump, which has encouraged banking regulators to take a more relaxed approach to approving mergers, bank applications and enforcement of post-crisis rules.

Spotlight

Reduce, reuse, and recycle. Cut down on what you throw away. Follow the three "R's" to conserve natural resources and landfill space.Volunteer for cleanups in your community. You can get involved in protecting your watershed, too.

Spotlight

Reduce, reuse, and recycle. Cut down on what you throw away. Follow the three "R's" to conserve natural resources and landfill space.Volunteer for cleanups in your community. You can get involved in protecting your watershed, too.

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CYBERSECURITY

UK Government Approves Nine Entrust Solutions for G-Cloud 13 Program, including nShield as a Service

Entrust | November 08, 2022

Entrust, a global leader in trusted payments, identities and digital infrastructure, has had nine of its cloud and associated support services approved for the G-Cloud Framework. This platform enables public bodies in the UK to procure commodity-based, pay-as-you-go cloud services on government-approved, short-term contracts through an online catalogue called the Digital Marketplace. This streamlined procurement process supports the UK government’s ‘Cloud First’ policy and is a key component in the government's ambition to operate a cloud-native digital architecture. The Entrust services that are available on the latest iteration of the framework, G-Cloud 13 are as follows: Entrust nShield as a Service – cloud Hardware Security Modules Public Key Infrastructure (PKI), as either: Managed PKI – A bespoke & dedicated PKI without the need for in-house expertise PKI as a Service (PKIaaS) – Cloud based turnkey PKI SSL Certificates (through our partner Conosco) Identity as a Service (IDaaS) – Identity & Access Management with a broad array of authenticators Managed Certificate Hub – Certificate Lifecycle Management for public and private Certificate Authorities in your enterprise Managed Root Certificate Authority – high assurance Root of Trust for your PKI Managed Microsoft PKI – A managed bespoke and dedicated PKI within Azure Cloud support consultancy – design, onboarding, cryptography and PKI health checks for Entrust G-Cloud services The need to authenticate the identity of people, systems and things is challenging and growing. With the launch of G-Cloud 13, and the inclusion of these nine services from Entrust, government departments and agencies in the UK Public Sector can leverage these solutions to enable secure transactions. As an annually revised platform, G-Cloud 13 will go live on 9 November 2022 and is due to end at 23:59 on the 8 November 2023. Specifically, the addition of nShield as a Service to this roster facilitates UK public sector organizations moving their infrastructure into the cloud while maintaining control of their data security with master keys protected in a hardware security module (HSM), as is best practice. “The UK Government G-Cloud program is a way for public sector organisations to purchase cloud based IT solutions from approved, secure providers. Many of these organisations are looking to move as much of their infrastructure into the cloud as possible and need many of the Entrust cloud solutions to support the security requirements. With Entrust cloud solutions, we give you the capability along with the comfort that, strong controls and governance are consistently applied.” -Robert Hann, Vice President of Centre of Expertise for Entrust Digital Security Solutions. Entrust delivers UK Public Sector organisations G-Cloud approved solutions that ensure that you have a robust, secure and scalable combination of solutions to meet your data protection requirements. This cloud-native framework can help customers who are seeking to reduce their on premises data centre footprint and have more flexibility by replacing big capital outlay with a more predictable and flexible subscription payment model. Furthermore, with a selection of managed and “as-a-Service” solutions from Entrust, customers who are lacking the in-house expertise to manage their identity management or data protection solutions can safely leave it to the experts at Entrust.. About Entrust: Entrust keeps the world moving safely by enabling trusted experiences for identities, payments, and digital infrastructure. We offer an unmatched breadth of solutions that are critical to enabling trust for multi-cloud deployments, mobile identities, hybrid work, machine identity, electronic signatures, encryption and more. With more than 2,800 colleagues, a network of global partners, and customers in over 150 countries, it’s no wonder the world’s most entrusted organisations trust us.

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EMERGING TECHNOLOGY, GOVERNMENT BUSINESS, CYBERSECURITY

Tyler Technologies Extends Contract for Digital Government and Payment Solutions in the State of Vermont

Tyler Technologies | September 21, 2022

Tyler Technologies, Inc. (NYSE: TYL) recently announced that the state of Vermont has extended its contract for Tyler’s award-winning digital government and payments services. The three-year extension builds upon the existing 16-year relationship with Tyler's subsidiary, NIC. Since 2006, NIC Vermont has been a trusted partner of the state of Vermont, working with more than 90 state government agencies and localities to deliver services explicitly geared toward helping residents interact easily with government while providing services at no cost to the state under a self-funded model. Through the partnership with the state, NIC Vermont currently provides more than 150 services and 120 websites, including the redesigned, industry-leading government website, Vermont.gov – a gold award winner in the 2020 W3 Awards and 4th place finisher in the 2020 Government Experience Awards. “Through our partnership with the state, NIC Vermont has been honored to provide citizens with efficient, interactive services focused on an exceptional government experience, We look forward to the opportunity to continue to serve state agencies and Vermont citizens for years to come.” -Kim Cuciti, general manager of NIC Vermont. NIC Vermont’s payment processing platform is one of many solutions in the suite of digital services available to the state of Vermont. In 2021 alone, NIC Vermont’s payment processing platform securely processed more than $55 million on behalf of the state. About Tyler Technologies and NIC: Acquired by Tyler Technologies (NYSE: TYL) on April 21, 2021, NIC is a leader in digital government solutions and payments, partnering with government to deliver user-friendly digital services that make it easier and more efficient to interact with government. NIC and Tyler are united in their mission to empower public sector entities to operate more efficiently and connect more transparently with their constituents and with each other. Tyler has more than 37,000 successful installations across more than 12,000 locations, with clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been recognized numerous times for growth and innovation, including Government Technology's GovTech 100 list and Forbes' "Most Innovative Growth Companies" list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com.

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GOVERNMENT BUSINESS

Nok Nok and UberEther Partner to Deliver Phishing-Resistant MFA Fedramp-Certified IAM Solutions to Protect the US Federal Government and its Supplier

nok nok | November 30, 2022

Nok Nok, a leader in FIDO (Fast IDentity Online) authentication solutions and a founder of the FIDO Alliance, today announced it is partnering with UberEther, a leading provider of identity and access management solutions to the federal government. Together they will extend FedRAMP certification of UberEther's IAM Advantage platform with innovative cybersecurity capabilities requested by some of the world’s highest-profile agencies and organizations. FedRAMP’s standards-based approach to security assessment and authorization enables federal agencies, customers, and their suppliers to transition from insecure legacy IT infrastructure to mission-enabling, secure, and continuously-monitored cloud solutions with an increased focus on securing and protecting federal information. UberEther’s IAM Advantage model is FedRAMP High and DoD Impact Level 5 ready, which means that even the most closely monitored companies can run their identity in the cloud more securely, efficiently, and effectively. Once UberEther is fully FedRAMP authorized, it will have one of the only private-tenant, cloud identity solutions available in the federal marketplace that government agencies use to find compliant, FedRAMP-approved cloud services. This designation builds on UberEther’s highest commitment to security standards. “Nok Nok is very honored to partner with UberEther to deliver trusted IAM solutions to the largest government agencies with built-in next-level MFA that meets the highest levels of security, Nok Nok’s FIDO authentication solutions add key features and benefits per the federal mandate in the White House’s 2021 Cybersecurity Executive Order that defines how the government will lead by example in adopting best of breed cybersecurity capabilities. Nok Nok and UberEther’s partnership adds new innovation to mandated FedRAMP solutions that enables government agencies and their supplier networks to become phishing-resistant and therefore more secure, while also becoming easier to use.” -Phillip Dunkelberger CEO Nok Nok. At UberEther, we're extremely excited to be working with Nok Nok on this opportunity to bring phishing-resistant credentials to the federal government, said Matt Topper, President and CEO, UberEther. We're not only focused on enabling citizens and partners of the federal government to connect to services more securely, but we're also enabling service members, civilians, government employees, and contractors to work with mission-critical systems more easily. We all know that zero trust is the future of security within the federal government and worldwide, and identity is the first pillar of zero trust that we need to protect the nation. With Nok Nok inside, government agencies and their suppliers will be able to offer more secure sign-in and a great user experience that's better than anything we've been able to provide before, continued Topper. “I am excited about the future that Nok Nok and UberEther are creating. With FIDO passkeys built into device hardware and software applications, and now FedRAMP standards incorporating phishing-resistant MFA, we are keeping our nation’s networks safe along with the agencies, partners, civilians, and government employees who use these networks”. -Robert Lentz, a member of Nok Nok’s Board of Advisors and who served our nation as Deputy Assistant Secretary of Defense and the first Chief Information Security Officer for the Department of Defense. About UberEther: UberEther effectively builds and efficiently runs the security, identity, and access management services that protect many of our nation’s most critical assets. Identity is the core foundation for secure services in every organization, and we pride ourselves on protecting it. Our established and dependable UberEther team delivers identity solutions for some of the most trusted government agencies and supplier networks. Since 2009, the UberEther team has been building simple, secure, sustainable customer solutions for local and Federal Government agencies and within the Intelligence Community. We are passionate about using technology to solve problems, and we use this passion to prove innovative solutions on our own time before bringing these innovations to our customers. Our diverse background of development, integration, and operations skills allows our team to take into account all aspects of a solution and ensure that what works great in the lab will excel in production. About Nok Nok: Nok Nok is a global leader in passwordless customer authentication. Delivering the most innovative FIDO solutions for the authentication market today, Nok Nok empowers global organizations to dramatically improve their user experience and security, and reduce operating expenses while meeting the most advanced privacy and regulatory requirements. The Nok Nok™ S3 Authentication Suite integrates into existing security environments to deliver proven, FIDO-enabled passwordless customer authentication. Headquartered in Silicon Valley, California, the company has delivered unique inventions and innovations protected by a robust global patent portfolio. As a founder of the FIDO Alliance and an innovator of FIDO standards, Nok Nok is an expert in next-level, multi factor authentication. Global customers trust their customer authentications with Nok Nok’s S3 Suite for their user registrations, sign-ins, and payment confirmations. Nok Nok’s customers and partners include Verizon, Intuit, T-Mobile, BBVA, NTT DOCOMO, NTT DATA, MUFG Bank, AFLAC Japan, Standard Bank, Fujitsu Limited, and Hitachi.

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