Being a busy startup, things have a habit of moving fast - especially this time of year. Still, I want to take the time to give you a quick roundup of what’s going on in our corner of the digital world.
Enjoy and stay safe,
Patrik Malmberg and the team at Covr Security
The market for platforms for Open Banking keeps on growing, and we have recently signed major partner agreements to help accelerate PSD2 compliance and Open Banking value creation.
We are adding our multi-factor authentication solution to MobiMedia’s overall customer offer. MobiMedia is a public company listed on the Warsaw Stock Exchange- They focus on mobile e-commerce and media services and provides mobile marketing and payment solutions in Eastern Europe.
KPN is the leading telco, mobile, and network services provider in the Netherlands, with more than 33 million subscribers. Covr Security will be the first company to provide a secure authentication API to their enterprise/third party marketplace. Our API supports advanced multi-factor authentication and mandatory SCA for Open Banking in Europe.
An essential step in our progress is the joint agreement with biometric fingerprint solution provider Precise. The agreement is strengthening our offer by adding a verification solution for digital services and transactions between mobile units. The initial goal of the partnership is to carry out pilots during the second half of 2019 and then enter into a commercial phase.
We provide our multi-factor authentication-as-a-service to a wide range of industry partners - eID providers, service providers, enterprise partners, mobile carriers, and other security technology providers. Contact us by hitting reply for more information.
We are as we speak, releasing our comprehensive SDK that gives third party authentication possibilities like password-free logins, instant verifications of financial transactions. Get in touch with us for a walkthrough!
Mats Holmfeldt, our Senior Executive Operations for the Asia Pacific, attended the SCxSC Fintech Conference in Malaysia as Keynote Speaker. SCxSC is organized by the Malaysian Securities Commission every year and is an important forum for Finch innovations in Asia.
This week we are also attending the Singapore FinTech Festival, one of the world’s largest FinTech events and a global platform for the FinTech community in Asia, drawing close to 45,000 participants. We invite our friends and partners to meet up with us there!
Nordic Startup Awards logo
Covr Security has made it to the shortlist to represent Sweden in the Best Fintech Startup category at the Nordic Startup Awards! The whole team is excited and looking forward to December 5th when the finalists are disclosed.
Covr Security AB, located in Malmo, Gothenburg, Stockholm, Frankfurt, Palo Alto and Dubai, is a Swedish cybersecurity company. We have developed a next-generation, user-centric mobile security management app for a wide range of heavily regulated digital industries that depend on strong customer authentication and privacy. The Covr app is available both as an off-the-shelf authentication mobile app ready for a quick launch and as a powerful SDK for hassle-free integration into existing mobile applications.