Entersekt, a leader in next-generation digital banking security, today announced an original equipment manufacturing agreement with Global Kinetic, a specialist in transaction processing software.
Global Kinetic secures its custom-built solutions and product line with Entersekt’s mobile app security and push-based authentication. Already securing billions of digital transactions a year, this proven, regulatory-compliant technology helps service providers protect their customers’ money and data while freeing their product development teams to focus on their core responsibility – product innovation.
Financial institutions across the world build Entersekt’s technology into their mobile apps by means of a software development kit. To do so, they may elect to use in-house developers or contract a third-party like Global Kinetic for up-to-the-minute technical expertise and a faster time to market. A one-stop enterprise software developer, Global Kinetic designs, engineers, and supports cloud, on-premise, and hybrid solutions that meet the financial services industry’s exacting requirements for high scalability, high availability, and security. Its fully integrated suite of services extends to user experience design and creative support.
Global Kinetic and Entersekt collaborated on several customer-specific projects in the United States and South Africa prior to formalizing their partnership. Global Kinetic has also licensed Entersekt’s technology for use in its own products, including FutureBank Platform, a feature-rich, easily customized mobile banking or payments starter pack for regional banks, credit unions, and fintech startups in the United States.
“Entersekt's superb security solution is a natural fit for the fintech software that Global Kinetic builds,” said Martin Dippenaar, CEO of Global Kinetic. Emphasizing the strategic importance of the partnership, he added: “Licensed as an OEM service within our FutureBank Platform, we are confident that our product is secured by the best enterprise-grade solution available with the most natural and convenient user experience. Strategically, our partnership with Entersekt spearheads our expansion into international markets, and we are proud to have them as global partners.”
“Partnering with best-of-breed companies like Global Kinetic is crucial to making the most of the opportunities we see in the global market,” said Dewald Nolte, SVP partnerships and alliances at Entersekt. “There are incredibly exciting synergies in working with vendors as passionate as we are about the mobile and online channels.”
That Nolte, an Entersekt co-founder, leads its partner program signals the value the company places on it. “By aligning ourselves with organizations that share our vision but have their own competencies, we can focus on what Entersekt does best: engineering the future of banking-grade digital security,” he said.