Public sector lender Corporation Bank today said it has implemented 3i Infotech's eMudhra Public Key Infrastructure (PKI) online security solution and claimed it was the first Indian bank to adopt this world class digital signature authentication tool for its customers.

"With the stupendous growth of Internet and online transactions, security is always a concern to the netizens for doing financial transactions. We are proud to announce launching of world class online banking security to our corporate customers," Corporation Bank General Manager B R Bhat said.

3i Infotech Consumer Services Ltd MD & CEO Ravi Jagannathan, said in a statement that many banks in Asian countries, including China, Hong Kong and Taiwan, have followed the lead of European banks to adopt PKI security for Internet banking authentication to prevent cyber fraud.