JSE-listed trusted transactions company, Prism Holdings, is the first South African company to become a member of the exclusive Silicon Trust Program.
This well respected industry programme was established by Infineon Technologies AG, a leading innovator in the international semi-conductor industry and the world`s number one supplier of integrated circuits for chip cards.
The Silicon Trust Program has demonstrated that bringing together a network of security partners can improve relationships with end customers, by offering a complete solution across the value chain. The programme brings together about 50 companies within the security industry to form a network of partners who can work together on business cases within a trusted environment, develop integrated solutions for a combined customer base and better understand future market trends.
"This is a valuable achievement for Prism and has the potential to unlock significant new markets for us. It`s a clear indication of the respect held for Prism by the chip card industry globally," says Mike Serrao, Business Development director at Prism.
"This membership allows us to leverage relationships with other industry leaders and to ensure that we remain abreast of developments in the integrated circuit and semi-conductor business.
"By working with Infineon and other companies in the same market, Prism will gain a better understanding of applications and future market trends when developing bids or discussing future product specs," he adds.
Prism has developed a number of operating systems on Infineon hardware which address mass-market requirements for secure mobile payment solutions. This initiative will enable customers to order Infineon platforms that include a Prism operating system at source.
This follows Prism`s success over the past few years in reaching individual licensing agreements with leading SIM card vendors for the incorporation of Prism software technology into their product ranges.
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JSE-listed Prism Holdings is a Trusted Transactions company with expertise in the area of secure electronic transaction technologies and services. The Group has a strong presence in SA and an established and expanding footprint across Africa and South-East Asia. Prism`s head office is located in Johannesburg, South Africa and has a regional office in Kuala Lumpur, Malaysia.
Prism has a proven track record in the delivery of own IP transaction technologies and end-to-end solutions tailored for the retail, utilities, banking, cellular and petroleum industries. The Group has developed and implemented innovative payment-centric products that bridge the following technologies:
*Chip and Wireless products: including telecoms and financial software, GSM SIM cards, SAMs, and prepaid telephone cards.
*Encryption products: Incognito Transaction Security Modules (TSMs), security products ensuring transaction integrity, and third party products.
*OEM Transaction Modules including Secure Payment Modules, PIN Entry Devices, card readers and Outdoor Payment Terminals (OPTs).
*Pay Point Technologies incorporating secure integrated POS payment systems, VeriFone products, EMV upgrades, payment software and FlexiLane/POS mulit-lane chip payment solution.
*Services division which manages the largest bank-independent financial switch in Southern Africa - EasyPay services.
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