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PGP encryption on bank files is now supported in EGN (Malaysia, Singapore, Australia, Chinese legislations)

Written by Elaine Chai on . Posted in Exact Globe

Pretty Good Privacy (PGP) is a popular program used to encrypt and decrypt e-mail over the Internet. It can also be used to send an encrypted digital signature that lets the receiver verify the sender’s identity and know that the message was not changed throughout the submission.

As of Product Update 407 in Exact Globe Next, PGP was the chosen method to start with the bank file export. It is able to automatically encrypt the bank file during export. Encrypted bank file can then be submitted electronically to the bank for decryption. To enable this feature, user needs to contact their respective banks to ensure the same PGP method is used. For more information on this functionality, please click here.

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