Over the last several years the payments landscape has dramatically changed, becoming more competitive, distributed and increasingly digital. Consumer demand for simple, anytime, anywhere solutions is driving innovation in payments and banking. Peer-to-peer payment apps (P2P) and mobile wallets are growing in popularity. Banks and credit unions are responding by accelerating digital transformation projects in service of seamless, flexible and secure cardholder experiences.
This is why I’m excited to announce that Entrust is acquiring Antelop Solutions, a financial technology company that enables financial institutions to issue secure digital credit and debit cards to their customers. As the leader in secure payment card issuance, Entrust acquired Antelop to expand our capabilities and make it easier for banks and credit unions to create fully integrated, seamless digital and physical financial card and payment experiences for their customers. Now, Entrust customers can provide their cardholders the flexibility to choose how they pay, no matter where they are using any platform.
Antelop was founded in 2014 and is a certified Visa, Mastercard and Cartes Bancaires partner. The company digitizes payment credentials, enabling banks to go mobile first and deploy all-digital card features into their mobile applications through a single software development kit (SDK). Supported by large international partners, Antelop’s solutions are live with more than 40 banks across more than 25 countries.
To learn more about the Antelop acquisition, read the press release.