The first products to be jointly marketed under the agreement will be Cyota’s Verified by Visa software - Cyota SecureVbV and the Cyota SecureSuite platform. The software is compliant with a range of authentication and credit card security products including Verified by Visa, MasterCard SPA and Cyota’s surrogate number solution called SecureClick.

Naftali Bennett, Cyota president & CEO, says: “IWI is well regarded as the leading credit card software services vendor in Japan, and we have been impressed with their technical leadership and market dominance."