According to the Identrus web site, there are currently more than 50 financial institutions representing more than 133 different countries involved in the scheme. The US based company Identrus that developed the scheme was set up in April 1999 by eight financial bodies in order to provide legal and technical solutions to businesses interested in B2B e-commerce transactions.
In clearing the scheme for operation in the EU, the Commission noted that it encourages participating financial institutions to offer competitively priced and independently developed authentication services based on the established Identus infrastructure. It concludes that the system will not lead to any appreciable restrictions of competition.
The Identrus site is at www.identrus.com