Following its acquisition last year of Aconite Technology, London-based Proxama is looking to take NFC to a new level in 2015. The Digital Payments Division will be led by the team from Aconite and will enable card issuers and financial institutions to implement services such as tokenization and mobile NFC.
The fusion of Aconite’s heritage and expertise in card payments and token management with Proxama’s portfolio of consumer-facing and handset-based proximity marketing and payment technologies, also provides support for customers seeking to deploy innovative value added services to gain a competitive edge.
Proxama acquired Aconite Technology in December 2014 following a history that dates back to 2008. The two companies first collaborated to demonstrate how to remotely manage NFC mobile phone applications. Both companies have a strong business pipeline in the European and U.S. markets where the demand for the companies’ international expertise in the NFC and mobile payments industries continues to grow.
Proxama PLC is an International mobile proximity commerce and payment solutions company.
For more data on Proxama access CardData®. For information and commentary on Proxama the searchable CardFlash® Library of more than 58,000 articles published since 1995. RAM Research® forecasts on Proxama are available exclusively through CardWeb.com.®