Paris-based Antelop Solutions was founded in 2014, and its customer base includes more than 40 banks in 25 countries. The firm has about 30 employees who will join Entrust with the acquisition. The Antelop one digital card solution enables banks to securely deliver and manage digital cards in customer mobile apps with a single software development kit (SDK). This includes token management, NFC payments, customer authentication, secure interface, and APIs to launch digital cards into all major mobile wallets (i.e., Apple, Google, Samsung and more). In addition, Antelop solutions are PCI-DSS certified and help enable compliance with European PSD2 regulations. With this acquisition, Entrust can help banks and financial institutions worldwide create integrated, seamless digital and physical financial card and payment experiences for their customers.
Consumers want to transact seamlessly and securely, around the world and across platforms. Banks, credit unions and other financial institutions need to make both digital and physical card payment options secure and easy for their cardholders. Entrust is the world leader in secure payment card issuance — the combination of Entrust and Antelop Solutions will empower financial institutions with an unmatched portfolio of digital and physical credential issuance and transaction security solutions. By bringing the Antelop secure digital financial credential solutions into the Entrust portfolio, customers will gain access to the latest thinking and innovation across the consumer payments ecosystem. Entrust has been investing and leading innovation in financial credentials for more than 50 years, and we expect this to continue for decades to come.