MINNEAPOLIS – (BUSINESS WIRE) – September 22, 2021–
Entrust, a global leader in trusted identity, payments and data protection, today announced a definitive agreement to acquire Antelope solutions, a financial technology company that enables financial institutions to issue secure digital credit and debit cards to their customers. By combining Antelop’s solutions with the industry-leading Entrust card issuance portfolio, Entrust can help banks and financial institutions around the world create integrated and seamless digital and physical payment and payment experiences for their customers. clients.
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Headquartered in Paris, Antelop Solutions was founded in 2014 and its customer base includes more than 40 leading banks in 25 countries. The company has around 30 employees who will join Entrust upon the acquisition, including founder and CEO Nicolas Bruley. He will continue to lead this team to advance digital financial identification solutions at Entrust. Terms of the contract are not disclosed.
“Consumers want to transact transparently and securely, anywhere in the world and across all platforms,” said Todd Wilkinson, CEO of Entrust. “Banks, credit unions and other financial institutions need to make digital and physical card payment options secure and easy for their cardholders. Entrust is the global leader in secure payment card issuance – the combination of Entrust and Antelop Solutions will provide financial institutions with an unrivaled portfolio of digital and physical ID issuance solutions and security solutions transactions.
“We are extremely happy to join the Entrust team,” said Nicolas Bruley, CEO of Antelop Solutions. “Our revolutionary technology dramatically reduces the complexity of issuing digital payment offers. As a certified partner Visa, Mastercard and Cartes Bancaires (CB), we can offer a fast and secure integration of all the functions of the card on a single digital payment identifier. This enables banks, credit unions and other issuers to offer true digital-first payment credentials that fully align with consumers’ expectations for simplicity and security. “
Antelope A digital card solution enables banks to securely deliver and manage digital cards in customers’ mobile applications with a single software development kit (SDK). This includes token management, NFC payments, client authentication, secure interface and APIs to launch digital cards in all major mobile wallets (i.e. Apple, Google, Samsung and more) . Antelop solutions are PCI-DSS certified and allow compliance with European PSD2 regulations.
“Entrust empowers our customers to meet the challenge of next-generation payment solutions,” said Mike Baxter, senior vice president of product development at Entrust. “By integrating Antelop’s secure digital financial credential solutions into the Entrust portfolio, customers will have access to the latest thinking and innovations in the consumer payments ecosystem. Entrust has been investing in and leading innovation in financial benchmarks for over 50 years, and we expect this to continue for decades. “
The acquisition should be finalized in the coming weeks. Cornet Vincent Ségurel provided legal advice to Entrust on the transaction. To learn more about the acquisition of Antelop by Entrust, visit www.entrust.com/issuance-systems/products/software/entrust-digital-card-solution. Or if you participate Silver 20/20 Europe in Amsterdam come and see us in Hall 1 at stand D60.
About Antelop Solutions
Founded in 2014, Antelope is the Digital Card Partner of banks, certified Visa, Mastercard and CB, responding to their digitalization challenges. The company is digitizing secure cards and banking apps, enabling banks to go mobile and deploy fully digital card functionality into their mobile apps through a single software development kit (SDK). Supported by major international partners, Antelop’s solutions are active with more than 40 banks in more than 25 countries. Learn more about www.antelop-solutions.com.
About Entrust Corporation
Entrust safely moves the world forward by enabling trusted identities, payments and data protection. Now more than ever, people demand seamless and secure experiences, whether they cross borders, make a purchase, access eGovernment services, or connect to corporate networks. Entrust offers an unrivaled range of digital security and credential issuance solutions at the heart of all these interactions. With over 2,500 colleagues, a network of global partners, and customers in over 150 countries, it’s no wonder the world’s most trusted organizations trust us. For more information visit www.entrust.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20210921006052/en/
CONTACT: Media contact:
Ken Kadet, Vice-President, Public Relations, Entrust
952-937-1154 |[email protected]
KEYWORD: UNITED STATES NORTH AMERICA MINNESOTA
INDUSTRY KEYWORD: INTERNET SOFTWARE FINANCE BANKING DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY SECURITY
Copyright Business Wire 2021.
PUB: 09/22/2021 02: 00 / DISC: 09/22/2021 02:02
Copyright Business Wire 2021.