Stripe, a San Francisco-based payments technology provider, has acquired Touchtech Payments, a Dublin-based firm, according to a press release. Stripe said it expects that the acquisition will help it strengthen European banks identity authentication capabilities in advance of new European regulations scheduled to go into effect later this year.

Oct 15, 2020 US-based global payment company, Stripe sealed Paystack acquisition Payable, Indie Hackers, Touchtech Payments, Index, among others.

The payments infrastructure unicorn has acquired Dublin-based Touchtech Payments—a software company that provides advanced SCA-ready Stripe, the payments powerhouse that is now valued at $22.5 billion, has made an acquisition to help it gear up for new regulations in Europe that will be rolled out later this year to improve security in online transactions. It has acquired Touchtech Payments, a startup out of Ireland that works with banks to help … Payments infrastructure company Stripe announced a series of updates to its product stack for businesses operating in Europe, and acquired a Dublin-based tech company called Touchtech Payments, to accelerate Strong Customer Authentication readiness for financial institutions. Stripe is gearing up for new EU-wide ecommerce transaction authentication rules by buying Irish biometrics specialist Touchtech Payments. Terms of the deal were not disclosed. 2019-04-17 · As for the Touchtech team, it will work as a standalone group out of Stripe’s Dublin office.

Touchtech payments stripe

Deal consideration was not disclosed but is likely to be substantial, as Touchtech has a focus on Strong Customer Authentication (SCA). The European Commission wants to combat online credit card fraud by instructing merchants to implement SCA on their online Stripe's core business of enabling payments helped the company draw a valuation of more than $20 billion, but the expansion of international e-commerce and online marketplaces, the larger mergers and the diversification of other fintechs like PayPal and Square require Stripe to broaden beyond payment … Stripe is gearing up for new EU-wide commerce transaction authentication rules by buying Irish biometrics specialist Touchtech Payments. Terms of the deal were not disclosed. From September, the Strong Customer Authentication (SCA) regulation under PSD2 will mean that European shoppers will have to authenticate online payments over EUR30 with two of the following: something they… Company profile page for Touchtech Payments Ltd including stock price, company news, press releases, executives, board members, and contact information Touchtech Payments, Co-Founded By Shekinah Adewumi, Acquired By Stripe Ahead Of European Online Regulations By Dana Sanchez TSilicon Valley-based Stripe, a payments … Touchtech joins Stripe Today we’re thrilled to announce we’ve been acquired by Stripe, which will help us accelerate our work and support more customers. 2021-01-29 TouchTech Payments General Information Description.

San Francisco Fintech startup Stripe has acquired an Ireland based FinTech startup, Touchtech Payments co-founded by Nigerian Shekinah Adewumi and Niall Hogan..

2019-04-17

Venture - Series Unknown. TouchTech Payments provides SCA-ready authentication technology for several Eur opean fintechs and challenger banks, like N26, Transferwise, and many others. Stripe also announced new products and updates to help merchants implement SCA-ready authentication methods to their checkout page and trigger SCA when required. Stripe has announced a strategic acquisition as well as a series of updates to its product stack to prepare businesses for Strong Customer Authentication (SCA)..

Stripe, the global payment processor, acquired Ireland-based Touchtech Payments. Touchtech Payments provides solutions which help in online transaction authentication for financial services entities. It does offer transaction authentication ecosystem to increase transaction rate and reduce fraud. The company was founded in 2014, and is headquartered in Dublin, Ireland. “Today we’re

17th April 2019; The payment technology company on Wednesday announced a deal to acquire Dublin-based Touchtech Payments ahead of a Sept. 14 deadline to shore up identity protection in Europe. Payments technology company Stripe, founded by Limerick brother John and Patrick Collision, has acquired an Irish startup that makes authentication systems for financial institutions. The San Francisco-based company has purchased Dublin's Touchtech Payments, which has provided software to fintech firms and challenger banks such as Transferwise and N26. Silicon Valley-based Stripe, a payments tech firm valued at $22.5 billion, has bought Touchtech Payments, a Irish software startup that builds online authentication systems for banks.

It has acquired Touchtech Payments, a startup out of Ireland that works with banks to help […] According to Stripe, TouchTech Payments provides advanced SCA-ready authentication technology for some of Europe’s leading fintechs and challenger banks, like N26, Transferwise, and many others. Silicon Valley-based Stripe, a payments tech firm valued at $22.5 billion, has bought Touchtech Payments, a Irish software startup that builds online authentication systems for banks. With customers including Target, Lyft, and Amazon, Stripe was used by half of all Americans who bought something online in 2017, according to Bloomberg. The terms of Stripe’s Touchtech deal were not disclosed, through Stripe’s valuation, which passed $20 billion in late 2018, gives it plenty of capital to work with, and an influence over a variety of new merchant and payments technology development. Stripe did not return a request for comment. Touchtech Payments Ltd now operates as a subsidiary of Stripe.
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The Dublin company provides SCA (strong customer authentication According to Stripe, TouchTech Payments provides advanced SCA-ready authentication technology for some of Europe’s leading fintechs and challenger banks, like N26, Transferwise, and many others. Silicon Valley-based Stripe, a payments tech firm valued at $22.5 billion, has bought Touchtech Payments, a Irish software startup that builds online authentication systems for banks.

Payments company Stripe has acquired a Dublin-based tech company called Touchtech Payments, intending to address the Strong Customer Authentication (SCA) standards going live on 14 September 2019. Touchtech Payments provides advanced SCA-ready authentication technology for Europe’s fintechs and Stripe, the Silicon Valley company founded by Limerick-born brothers Patrick and John Collison, has acquired Irish start-up Touchtech Payments for an undisclosed sum. Touchtech is a Dublin-based Touchtech’s mission is simple: to make payments easier for online shoppers while simultaneously improving security standards for all parties involved. Improvements to Stripe.
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2019-apr-18 - Lanserar nya produkter och förvärvar autentiseringsföretaget Touchtech Payments.Stripe, som levererar infrastruktur för onlinebetalningar,

Provider of an online payment platform for secure banking authentication. The company's platform complies with regulations such as PSD2, Open Banking and 3DS 2.0 while providing great online user experiences for customers by tapping the back of their phone with the card and entering their PIN when prompted, enabling merchants to reduce Apr 17, 2019 Payments platform Stripe announced on Wednesday it has acquired Ireland- based Touchtech Payments, a software company, to accelerate Apr 18, 2019 The payments infrastructure unicorn has acquired Dublin-based Touchtech Payments—a software company that provides advanced SCA-ready Apr 18, 2019 The acquisition of Touchtech follows Stripe raising $100m in a funding round earlier this year that values it at more than $22bn. The recent Apr 18, 2019 Touchtech Payments provides advanced authentication technology based on smartphone biometrics for credit card issuers. The company Apr 17, 2019 Dublin fintech startup Touchtech Payments has been scooped up by Stripe.

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Stripe acquires Touchtech Payments for SCA compliance. Payments company Stripe has acquired a Dublin-based tech company called Touchtech Payments, intending to address the Strong Customer Authentication (SCA) standards going live on 14 September 2019. Touchtech Payments provides advanced SCA-ready authentication technology for Europe’s fintechs and

But the real deal is that Touchtech Payments has a Nigerian connection right there in Ireland: “Touchtech was founded in 2014 by Shekinah Adewumi, Niall Hogan and Joseph Kuye. Kuye has since left Touchtech leaving Adewumi and Hogan as the remaining members of the original founding team”. Stripe acquires Touchtech, updates APIs to prep for strong customer authentication in Europe Stripe, the payments powerhouse that is now valued at $22.5 billion , has made an acquisition to help it gear up for new regulations in Europe that will be rolled out later this year to improve security in online transactions.

Stripe Inc acquired Touchtech Payments. Education Deals; Finance Deals; Healthcare Deals; Media & Marketing Deals; Consumer Deals

The amount of the deal was not disclosed. The In addition, Stripe announced that it has acquired Dublin-based Touchtech Payments, a software company providing advanced SCA-ready authentication technology for some of Europe’s leading Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes, including fraud prevention, and subscription management.

John and Patrick Collison’s Stripe has acquired Touchtech Payments, a Dublin-based payments start-up, for an undisclosed sum. The Dublin company provides SCA (strong customer authentication Stripe, the payments powerhouse that is now valued at $22.5 billion, has made an acquisition to help it gear up for new regulations in Europe that will be rolled out later this year to improve security in online transactions.