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Aconite Technology

aconitetechnology.com

Founded Year

2000

Stage

Acquired - II | Acquired

Total Raised

$400K

About Aconite Technology

Aconite Technology provides EMV chip card management, PIN Management as well as EMV Authorization through EMV Scripting and cryptogram validation.

Headquarters Location

16 High Holborn

London, England, WC1V 6BX,

United Kingdom

+44-(0)-207-803-1070

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Latest Aconite Technology News

B2 Payment Solutions Becomes a New Solution Partner for Cryptomathic Group

Feb 19, 2020

February 19, 2020 12:30 PM Eastern Standard Time TORONTO--( BUSINESS WIRE )-- B2 Payment Solutions (B2) , an organization providing best-in-class products and services for the payment industry, announced today that the company is partnering with Cryptomathic Group which includes both Cryptomathic, the global specialist in secure server and payments solutions; and Aconite Technology, a leading supplier of secure EMV card payment solutions. “We are pleased to be a new solution partner for the Cryptomathic Group and expand upon our comprehensive product offerings for our customers,” said Bruce Murray, President of B2. “Combining our expertise and adding the Cryptomathic Group products to our portfolio supports our commitment to innovation and our strategy to provide our customers with market-leading solutions for secure payment technologies including EMV, Contactless and Mobile.” Under the agreement, B2 will have the ability to resell the full suite of Cryptomathic and Aconite products, including: Crypto Key Management System (CKMS), which delivers banking-grade key lifecycle management for virtually any application throughout a business from a single platform. As a centralized key management system, the primary task of CKMS is to provide lifecycle management of cryptographic keys. This includes all the functions related to importing, generating, exporting and renewing keys, as well as enforcing their correct usage. The Aconite EMV® Transaction Manager (ETM), which adds PCI-certified, feature-rich EMV capability to an existing magstripe authorization system without the need for extensive modifications or an expensive upgrade. ETM represents a low risk, cost-effective route to in-house EMV processing capability that is simple to integrate and preserves investment in existing systems. The Aconite PIN Manager, a comprehensive solution that offers electronic capture and distribution of PINs through digital channels including web and mobile banking, SMS and IVR – these are increasingly used by banks and card issuers to communicate with customers. PIN Manager also supports secure PIN storage, PIN generation and PIN verification. “B2 is an excellent solutions partner for the Cryptomathic Group,” said Matt Landrock, Executive Vice President of the Cryptomathic Group. “They bring extensive hands-on expertise and service excellence to meet the demanding business and technology needs of their customers, in particular as companies are transitioning to EMV and contactless, or (if they have already migrated to EMV and contactless) are looking to advance their processing platforms for the long term. We look forward to delivering solutions through this experienced group of experts.” As the industry migrates to EMV, contactless and mobile payment infrastructures, B2 helps customers with a smooth transition and implementation. With a proven and unique framework, B2 has the ability to understand customer needs and offer creative, tailored solutions that match any business or strategic objective. Adding Cryptomathic Group’s products to B2’s existing products and services portfolio – including contact, contactless, and mobile test card sets; software development; as well as consulting services; through the B2 university instructor-led training, as well as e-learning modules – continues to enhance B2’s full range of secure payment technology offerings. To learn more about B2’s complete secure payment product portfolio, please visit: b2ps.com/products . Meet with our experts on the Cryptomathic booth at US Payments Summit, February 24-27, 2020 in Salt Lake City, UT. https://www.stapayments.com/sponsors/ ABOUT CRYPTOMATHIC GROUP Cryptomathic is a global provider of secure server solutions to businesses across a wide range of industry sectors, including banking, government, technology manufacturing, cloud and mobile. With over 30 years' experience, we provide systems for Authentication & Signing, EMV and Crypto & Key Management through best-of-breed security solutions and services. ( https://www.cryptomathic.com/ ) ABOUT ACONITE Aconite delivers smart card payment solutions and consulting expertise to card issuers and processors around the world, providing a rapid and cost-effective route to smart card deployment and the delivery of innovative card payment solutions to new and existing markets. ( www.aconitetechnology.com ) ABOUT B2 B2 Payment Solutions (B2) provides best-in-class products and services for the payment industry. The company’s extensive suite of solutions and services enables the company to help lead its customers into the next generation of smart and secure solutions. By applying B2’s services together with world-class technologies from its strategic partners, B2 delivers innovative and award-winning solutions to customers across the globe. To learn more about B2, please visit www.b2ps.com . Contacts

Aconite Technology Frequently Asked Questions (FAQ)

  • When was Aconite Technology founded?

    Aconite Technology was founded in 2000.

  • Where is Aconite Technology's headquarters?

    Aconite Technology's headquarters is located at 16 High Holborn, London.

  • What is Aconite Technology's latest funding round?

    Aconite Technology's latest funding round is Acquired - II.

  • How much did Aconite Technology raise?

    Aconite Technology raised a total of $400K.

  • Who are the investors of Aconite Technology?

    Investors of Aconite Technology include Cryptomathic, Proxama, The Capital Fund, YFM Equity Partners and Evolve Capital.

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