Country for PR: United States
Contributor: PR Newswire New York
Tuesday, June 04 2019 - 22:00
AsiaNet
Sequent and TIS Selected by Major Japanese Bank and Leading Card Issuer to Deliver Secure Mobile Payments
SANTA CLARA, Calif., June 4, 2019 /PRNewswire- AsiaNet/ --

-- Two Japanese financial services leaders to deploy secure mobile payment 
security 
 

Sequent, Inc. today announced that Sequent and TIS Inc. in Japan have been 
selected by a Japanese megabank and a major payment card issuer to provide 
secure mobile payment applications enabled by Sequent Platform. The Sequent 
Platform orchestrates and manages the digital issuance and security of any type 
of personally identifiable credential to any type of connected device, such as 
payment account, financial account or identification information. Sequent 
secures mobile data by concealing Personal Identifiable Information (PII), 
rendering the information useless to online criminals while providing a 
frictionless customer experience.

Logo - https://mma.prnewswire.com/media/895953/Sequent_Logo.jpg

TIS is a member of the TIS INTEC Group based in Tokyo, Japan, and provides 
payment processing, integration services and IT solutions from its data centers 
in Japan, Indonesia, Malaysia, Singapore, Thailand, and the Asian region. TIS 
serves 3,000 customers across Japan, China and the ASEAN region spanning 
finance, manufacturing, distribution/service, public services, and 
communications.
 
“We are excited to work with Sequent as our strategic partner in the mobile 
payments arena and we eagerly anticipate the upcoming launch of our WalletEVO, 
a mobile wallet service for two industry-leading partners in the banking and 
credit card industries,” said Ken Nakamura, Department Manager of Digital 
Transformation Services Planning Dept. at TIS. “With Sequent Platform and 
WalletEVO we have created a secure mobile payments solution that can securely 
store payment information in smartphones and other devices.”
 
Sequent Platform will protect, manage and orchestrate information for TIS’s 
WalletEVO for a megabank and a major credit card issuer which both operate in 
the Japanese market. WalletEVO will encode payment and card information to 
securely store data in the event of a lost smartphone. 

“We are pleased to partner with TIS to provide the Sequent Platform’s 
state-of-the-art security technology with TIS’s WalletEVO to improve consumer 
confidence in mobile payments. We are very happy that TIS and its customers 
entrust their transactions to our technology,” said Joan Zeigler, CEO of 
Sequent.
 
About Sequent
Sequent, Inc., a global leader in securing data on the move, provides tokenized 
digital issuance credentials to enable safe transactions for consumers, 
businesses and government entities using mobile applications and digital 
wallets. The Sequent Platform empowers banks, national payment, and private 
label providers, transit agencies, access control providers, and credential 
issuers to securely protect and distribute credit, debit, transit, loyalty, or 
ID cards. Sequent’s simple APIs allow app developers to add information 
security to all apps on mobile, wearable and other connected devices so their 
consumers can make payments, redeem offers, use loyalty points, open doors, and 
ride transit systems. 
 
For more information, please visit www.sequent.com, like us on LinkedIn 
(https://www.linkedin.com/company/sequent-software-inc ) and Facebook 
(https://www.facebook.com/sequentsw/ ), and follow us on Twitter @sequentsw 
(https://twitter.com/sequentsw ).
 
 About TIS
TIS Inc., a member of the TIS INTEC Group, provides several IT solution 
services including entrusted development, data center and cloud services for 
various industries, such as financial services, manufacturing, 
logistics/distribution, public services and telecommunications, by being their 
technology partner and offering global support to companies with a presence 
mainly in Japan, China and the ASEAN region.

For more information about TIS, please visit http://www.tis.com

SOURCE  Sequent

CONTACT: Lisa Sheeran, Hen House Ventures, +1-510-710-1004, lisa@hen-house.co

Translations

Japanese