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Touchtech Payments provides solutions which help in online transaction authentication for financial services entities. It does offer transaction authentication ecosystem to increase transaction rate and reduce fraud. The company was founded in 2014, and is headquartered in Dublin, Ireland. “Today we’re The payments firm Stripe has acquired a Dublin-based payments tech firm called Touchtech, founded by Shekinah Adewumi and Joseph Kuye. T ouchtech, founded in 2013, makes it easier and more secure News that Stripe, the Silicon Valley company founded by Limerick-born brothers Patrick and John Collison, has acquired Touchtech Payments, has been well received. While no financial details of the Touchtech joins Stripe Historically, financial institutions have had to choose between security and ease of use when authenticating users.
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With customers including Target, Lyft, and Amazon, Stripe was used by half of all Americans who bought something online in 2017, according to Bloomberg. Stripe is gearing up for new EU-wide ecommerce transaction authentication rules by buying Irish biometrics specialist Touchtech Payments. Terms of the deal were not disclosed. Stripe: Fifteen Investors To Benefit From Touchtech Sale Fifteen shareholders in fintech startup Touchtech Payments will benefit from the company's acquisition by Stripe. Deal consideration was not disclosed but is likely to be substantial, as Touchtech has a focus on Strong Customer Authentication (SCA). US payments infrastructure company Stripe has acquired a Dublin-based software company Touchtech Payments in preparation for Strong Customer Authentication (SCA) regulations in Europe.
Touchtech provides advanced SCA-ready authentication technology for FinTechs and challenger banks like N26, Transferwise and others. Stripe has updated its products and made an acquisition to prep for new security standards it says will impact more than 300 million people, potentially giving Stripe the same kind of influence over European merchant technology that it enjoys in the U.S. Touchtech had raised less than $500,000, according to Pitchbook data, and it will work out of Stripe’s offices in Dublin.
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The terms of Stripe’s Touchtech deal were not disclosed, through Stripe’s valuation, which passed $20 billion in late 2018, gives it plenty of capital to work with, and an influence over a variety of new merchant and payments technology development. Stripe did not return a request for comment.
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Touchtech furnishes financial services companies with advanced Strong Customer Authentication technology (SCA).
TouchTech Payments General Information Description. Provider of an online payment platform for secure banking authentication. The company's platform complies with regulations such as PSD2, Open Banking and 3DS 2.0 while providing great online user experiences for customers by tapping the back of their phone with the card and entering their PIN when prompted, enabling merchants to reduce
Touchtech Payments, Dublin, Ireland. 737 likes. Touchtech Payments specialises in online authentication for financial institutions. We provide compliant solutions that can be used to authenticate
Touchtech Ltd | 383 followers on LinkedIn.
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The company Paystack ( Oct 2020), Touchtech Payments (Apr 2019), Index (Mar 2018) Apr 17, 2019 "The acquisition of Touchtech by Stripe, a company with its own Irish roots, reaffirms the high-quality credentials of Irish startups." As part of the Apr 19, 2019 Stripe, the global payment processor, acquired Ireland-based Touchtech Payments.
Stripe acquires biometric software provider Touchtech Payments to support GDPR requirements. With GDPR mandating the introduction of strong customer authentication (SCA) by September 14 of this year, Stripe has acquired mobile biometric software provider Touchtech Payments and launched a suite of new products for online businesses. List of Stripe 's 9 Acquisitions, including Paystack and Touchtech Payments Save Search Companies People Investors Funding Rounds Acquisitions Schools Events Hubs Saved
TouchTech Payments provides SCA-ready authentication technology for several Eur opean fintechs and challenger banks, like N26, Transferwise, and many others. Stripe also announced new products and updates to help merchants implement SCA-ready authentication methods to their checkout page and trigger SCA when required.
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We provide compliant solutions that can be used to authenticate TouchTech Payments General Information Description. Provider of an online payment platform for secure banking authentication.
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Textual rekryterar från Touchtech 10:09 03. ”Onödigt tappa kunder”, menar Stripes Nordenchef 27 jan — Inter Payment Nordic AB Textual rekryterar från Touchtech Mar. 17 03. ”Onödigt tappa kunder”, menar Stripes Nordenchef 27 jan — Inter Payment Nordic AB som också såg vad Billie gjorde 2017 och nu erbjuder prenumerationer på pastellfärgade rakhyvlar med veganska återfuktnings-stripes. Bolag som Paypal, Stripe och Mercadolibre har tidigare varit medlemmar men har lämnat organisationen.