Alcineo adopts Verimatrix’s Threat Defense technology for its SoftPOS terminals for banks and payment institutions

Verimatrix’s Code Shield Solution Enables Alcineo to Obtain Essential Payment Card Accreditations

AIX-EN-PROVENCE, France & LA CIOTAT, France & SAN DIEGO, May 24, 2022–(BUSINESS WIRE)–Regulatory News:

Verimatrix, (Paris:VMX) (Euronext Paris: VMX), a leading provider of security solutions serving users for a safer connected world, today announces the deployment of its Verimatrix Code Shield solution by the French company Alcineo based in La Ciotat, to guarantee the protection of its main SoftPOS solutions. Used by banks and payment solution providers, they allow payments to be made over the phone from any contactless card or digital wallet.

Verimatrix Code Shield, an integral part of the Verimatrix Threat Defense offering, plays a pivotal role in advancing Alcineo’s SoftPOS Software Development Kit (SDK) certification process. Used in the transport sector for control and ticketing operations, or in the retail sector for queue management, this SDK also facilitates the payment of charitable donations, while allowing payment without contact and payment by digital meal vouchers. Verimatrix Code Shield works with Alcineo solutions which are now certified for international payment systems such as Visa and Mastercard. National payment networks are also supported.

“By allowing payment solution innovators like Alcineo to focus on their core business, Verimatrix Code Shield fulfills a dual mission: to protect Alcineo’s solutions from cybercriminals while allowing the company to free up resources to other needs,” said Asaf Ashkenazi, Chief Operating Officer and President of Verimatrix. “We are pleased to announce that Alcineo is among the newest organizations to turn to Verimatrix Threat Defense technologies to ensure the highest possible levels of security for their SoftPOS solutions.”

Verimatrix Code Shield offers automated, turnkey security technologies used by leading international organizations to meet the highest standards of the financial services industry. This solution, which does not require any code modification, integrates quickly and inexpensively, and is particularly appreciated by developers. Reverse engineering and tampering protections, jailbreak and root detection measures, code obfuscation and environmental controls are very easy to implement.

“With system security and data protection as top priorities, Alcineo is pleased to work closely with a security leader such as Verimatrix, which demonstrates its expertise in our very specific sector and arms us with proven technologies to respond. to the accreditation requirements essential to our activity”, declared Arnaud Coria, CEO of Alcineo. “Our Tap on Phone solutions require the strictest protections in order to create trust within our vast ecosystem of customers and their users.”

About Alcineo

Founded in 2007, Alcineo concentrates its expertise in the development of embedded software for payment and security solutions. Our company’s mission is to provide our customers with scalable, reliable and secure payment solutions. Our high level of expertise allows us to meet the multiple challenges of the payment industry by developing next-generation payment systems that meet the requirements of payment systems or the PCI Security Standards Council.

Visit www.alcineo.com.

About Verimatrix

Verimatrix (Euronext Paris: VMX) helps make today’s connected world safer by providing user-focused security solutions. Verimatrix protects content, applications, and connected objects by providing intuitive, hassle-free, user-centric security. The biggest players in the market trust Verimatrix to ensure the protection of their content, such as premium films, streaming sports, sensitive financial and medical data, and mobile applications essential to their business. Verimatrix enables the trusted relationships its customers depend on to deliver quality content and service to millions of consumers around the world. Verimatrix supports its partners to allow them faster access to the market, facilitate their development, protect their revenues and win new customers. To learn more, visit www.verimatrix.com.

View the source version on businesswire.com: https://www.businesswire.com/news/home/20220524005611/en/

contacts

Investor Relations Contact:
Jean-Francois Labadie
Financial director
[email protected]

Verimatrix Press Contact:
Matthew Zintel
[email protected]

Alcineo Press Contact:
Christine Carbonnel
[email protected]

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