Cryptomathic, the global specialist in secure server and payments solutions, has announced the strategic acquisition of end-to-end EMV card lifecycle, transaction processing and PIN management provider, Aconite Technology. Both Cryptomathic and Aconite Technology are widely respected for their long standing and deep expertise in the provisioning of secure infrastructure for EMV payments. The acquisition will enable the two firms to leverage their combined expertise to drive innovation in the space and better answer global demand for their services. EMV infrastructure services Cryptomathic and Aconite Technology are respected for their expertise in the provisioning of secure infrastructure for EMV payments Dr. Peter Landrock, Founder and Chairman of Cryptomathic, comments: “In recent years, Cryptomathic has been fortunate to work with many of Aconite’s clients and, over this time, it became apparent that our two firms could develop and deliver a stronger set of EMV infrastructure services as a single entity. Across our respective solution portfolios, we have complementary products and a smaller number of similar products. This means we have a great opportunity to consolidate where we would otherwise compete, and to reinvest those resources into extending our innovation and R&D capabilities. Ultimately, this will make our market offering more robust and more comprehensive.” Steve Nichols, CTO, Aconite Technology, adds: “We’re really excited about what we can deliver as part of Cryptomathic. Our technical specialists are already collaborating with Cryptomathic on the development of new, innovative solutions focusing on demand areas like key management, self-service PIN selection and PIN change/distribution over digital channels. These are the kinds of functions that create real differentiation for card issuers by putting them at the forefront of the EMV payment user experience.” Cryptomatic – Aconite partnership In recent years, both Cryptomathic and Aconite Technology have demonstrated strong double-digit revenue growth. Post-acquisition, the increasing collaboration between the two firms is anticipated to accelerate expansion into emerging and growth markets for EMV payment services. South Africa, for example, is demonstrating considerable demand for specialist EMV infrastructure solutions from both challenger start-ups and some of the biggest established banks who are looking to re-platform to regain market agility. “This acquisition is about consolidation of expertise and the opportunity to grow our market share, both in terms of revenue and geographic footprint,” adds Landrock. “We looked at several potential acquisition targets in this space, and Aconite Technology emerged well ahead of the alternatives. This is Cryptomathic’s first acquisition; it may not be our last.” Cryptomathic and Aconite Technology will continue to operate as individual brands in the marketplace and their respective organisational and management structures will remain unchanged.
Melsecure International, the leading developer of surveillance and security solutions, has launched a new Super Mini Periscope camera. Designed for use in mobile or fixed covert surveillance operations, this IP65 rated camera is engineered for trouble-free operation in all weather conditions and can be deployed in a wide range of concealed locations providing a perfect solution to meet tactical ‘drop and run’ surveillance requirements. The new Super Mini Periscope camera has full PTZ functionality, 360° pan with continuous rotation and 60° camera tilt. It also features an innovative motor drive system that provides precise positioning control even when panning at low speed and, because there is no latency; operators can follow specific events with PTZ joystick even at the most extreme zoom settings. The camera offers up to 10x optical and 10x digital zoom using a Sony day/night camera module with image stabilisation to provide evidential quality pictures at maximum zoom. Deliver high quality images without being detected According to Steve Nichols of Melsecure International: “This innovative new Super Mini Periscope camera can be easily concealed in drainpipes and lamp posts or built-in to vehicles to deliver high quality images without being detected from a wide range of covert locations to meet individual tactical surveillance requirements.” Melsecure International also provides a compatible video link, telemetry link, 10.4” LCD colour monitor, camera telemetry controls, rechargeable battery pack and solid state recorder, all of which are built into a rugged, weatherproof case that can be used in any location. The dimensions of this compact camera are 150 x 70 mm and it weighs just 930 grams.