Security technology firm ActivCard has more than doubled its net loss for the second quarter after being forced to swallow additional charges and revise revenue forecasts for the 4Tress product line, acquired earlier this year from UK banking technology vendor Aspace.
ActivCard Corp. (NASDAQ:ACTI), today announced that Aspace Solutions Limited, recently acquired by ActivCard, has signed a marketing agreement with IBM, strengthening the sales and marketing relationship with IBM and validating the 4TRESS(R) product.
US authentication firm ActivCard has acquired the outstanding 51% equity interest in UK multi-channel software outfit Aspace that it didn't already own.
ASPACE Solutions today announced that it has incorporated the ActivCard Authentication Software Development Kit (SDK) with 4TRESS, its enterprise-wide, multi-channel Identification and Verification (ID&V) solution for the financial services market - allowing integration with the ActivCard Secure Remote Access Solution.
ActivCard Corp. (Nasdaq: ACTI), a global provider of strong authentication and trusted digital identity solutions for secure remote access, single sign-on and enterprise access cards, today unveiled ActivCard Authentication Server delivering scalable and versatile authentication for secure online banking.
ASPACE Solutions has announced a partnership with Swivel Technologies to allow users of its 4TRESS multi-channel Identification and Verification (ID&V) solution to authenticate themselves with one-time passwords via a mobile phone and SMS messaging.
Building on its market-leading position in the field of multi-channel Identification and Verification (ID&V) systems, ASPACE Solutions has announced a partnership with Eracom Technologies, a leading developer and global supplier of cryptographic technologies and Hardware Security Modules (HSMs).
ASPACE Solutions has ported 4TRESS™ its powerful, multi-channel banking identification and verification solution to the IBM AIX® platform running IBM WebSphere® Application Server.
Californian identity management outfit ActivCard has agreed to provide a £1 million loan facility to Aspace Solutions in return for warrants that would raise its stake in the London-based banking security software firm to 49%.
UK banking security software vendor Aspace Solutions has appointed Mark Harris as chief information security officer.
© Finextra Research 2016