TAIPEI/TOKYO, July 22nd, 2020 --- Taisys Technologies announced, Secure ID Inc.( Japanese registered name : セキュアＩＤ株式会社), the JV with Japan Communications Inc. (JCI, Securities Code: 9424). Secure ID will bring together the patented technologies and joint force from both companies to develop and deliver FPOS (Fintech Platform Over SIM) and sub-SIM based solutions for the Japanese market.
With the support of the Financial Services Agency (FSA) of Japan, FPoS was evaluated under FSA’s Fintech Proof of Concept Hub and received a very high appraisal. (For details, visit https://www.fsa.go.jp/news/30/20180531/20180531.html). FPoS is viewed as an extremely secure solution thanks to it’s FIPS (Federal Information Processing Standards) certified sub-SIM. Such hardware-based security protection mechanism for mobile devices is becoming a vital factor for personal data and privacy protection due to the increasing quantity and diversity of cybersecurity threats, which is the core value of Secure ID. Besides FPOS for banking and payment solutions, Secure ID will also extend it’s product portfolio to high security required ID solutions based on mobile device, such as Mobile ID and Multiple Factor Authentication (MFA), like FIDO (Fast ID Online).
“Since the announcement of FPoS, the technology is highly recognized in many different industries including banking, payment, digital ID,,…etc. Besides providing sub-SIM of FPoS in Japan, Secure ID Inc. will also develop sub-SIM based solutions according to the requirement in different industries, as well as promoting such technology to the international market. I’m very thrilled with the establishment of the JV.” said Naohisa Fukuda, CEO of JCI.
“FPoS envisions a world where smartphones can be further strengthened as the most secure and reliable infrastructure for identity services in the digital era. Security and identity for the increasing demand of remote banking, contactless payment and telecommuting are becoming vital in Japan. We share the same vision with JCI, and we both are committed to fulfill the high expectation from the county. I’m pleased to announce the establishment of Secure ID Inc. With the synergy between expertises from the two companies, I’m confident the vision of Secure ID can be realized soon in Japan.” stated Jason HO, Taisys Founder and Chairman.
About Taisys Technologies
Taisys is a world leader in providing thin SIM solution. With global patents, Taisys thin SIM is telco-neutral, handset-neutral and service provider-friendly, which enables telecom, financial institutions and government organizations to extend innovative mobile services in a secure and convenient manner. Over 100 banking, M(V)NOs, government organization, service provider partners have deployed high-security mobile services enabled by Taisys with more than 20 million end-users worldwide. To learn more, please visit www.taisys.com
About Japan Communications Inc.
Japan Communications Inc. is the mobile solution innovator having created MVNO industry with its vision since establishment in 1996. As digitalization progresses and devices connected to network in the world today, JCI’s patented technology, Personal Wireless Leased Line, had obtained PCI DDS certification as defined as an international security standard to all our primary systems which has been implemented in police departments, banks, and credit card companies where security is most valued. Moreover, while providing world class security, we have made identification and prevention of falsification to contents of transactions without sacrificing convenience and ease of use to construct and implement a common platform to safely perform financial transactions using your smartphone with its patented FinTech technology, FPoS, Fintech Platform over SIM. JCI will keep our challenger mind set to construct and provide a safe mobile infrastructure to become a common social platform across international borders.
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