Sequrest, a cyber and digital security integrator and facilitator, has formed a strategic partnership with Banking Systems of Panama.
The agreement will last 10 years and will see Sequrest implement cyber security defence solutions including facial recognition and biometric technology, encrypted communications, multi-factor authentication and cyber intelligence. The company, which will work with Banking Systems’ global customer base of NexorONE and Bansoft users, claims these offerings can minimise the risk of hacking, unauthorised access and combat other cyber risks.
Founded in 2005, Banking Systems develops and delivers online banking solutions to a broad variety of financial services entities such as Online and Private Banks, Credit Unions, Savings and Loans, eWallets, Trusts & Asset Management Companies and Payment Platforms. It serves customers in over 40 countries across 4 continents and in 16 different languages.
Robert McClure, managing director of Sequrest said: “As a world leading e-banking platform provider, Banking Systems are well positioned to enable their customers to mount an effective cyber security defence against current and future threats. Our independent status means that we always recommend the most appropriate cyber security products and technology solutions that meet the requirements of individual customers, in a way that is cost effective and practical.
“By partnering with Sequrest, Banking Systems will be able to continue focusing on providing the highest quality banking solutions secure in the knowledge that the industry’s leading solutions are protecting their customers from cyber threats.”
Sequrest claims it is able to offer the optimum cyber security solution by taking into account each financial institution’s specific challenge, with ‘bespoke advisory protection’ available on an on-going basis.
Based in London, and with offices in Europe and the Middle East, Sequrest has had operations and deployments in over twenty countries, and three continents, representing over 400 organisations across the spectrum of finance and business.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
