FIME Expands Testing & Consultancy Offering With the Acquisition of CETECOM Payment Activities in the U.S.

Payments testing and consultancy expert, FIME has announced its acquisition of CETECOM U.S.'s payment activities. FIME's expanded expertise and services will enable the U.S. payment ecosystem to define, design, deliver and test innovative, secure and digital payments products.

The acquisition sees key payment experts and state of the art testing equipment incorporated into FIME's existing San Jose testing and consultancy offerings. The combined teams will support the acceleration of digital payment technologies in the U.S, from authentication solutions around biometrics and EMV^®* 3DS, through to card, mobile and softPOS contactless payments.

"Digital and contactless payments were already gathering momentum in North America and the current crisis has seen projects step up," comments Lionel Grosclaude, CEO of FIME. "I am really excited about this acquisition to accelerate innovation by providing our clients end-to-end services. FIME is now in position to offer a unique range of testing and consulting services."

"While we are strategically focusing on providing fast and secure market access for devices with radio technologies, it was important to us that our U.S. payment customers continue to receive the same level of quality of services." adds Wilfried Klassmann, CEO of CETECOM.

To learn more about how FIME U.S. can support your pioneering payments projects, visit the FIME website.

*EMV® is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC.

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About FIME

FIME is a leader in secure transaction testing, with more than 20 years of experience in managing risk, accelerating time to market and ensuring the quality and security of its customers' payment and transport products and services.

FIME's global reach combines with expert teams to give customers the tailored consultancy, solution engineering, automated test platforms and certification services they need throughout every stage of digital transformation projects.

Its experts collaborate with the entire ecosystem - from the payment networks and industry bodies, right through to vendors - enabling its customers to understand and overcome their technical and commercial challenges.

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About CETECOM

For 25 years, CETECOM has been known as an independent provider of testing and certification services. With laboratories in Europe, North America and Asia, CETECOM offers consultancy, testing and certification with a focus on products with radio interfaces. Our broad portfolio includes testing services in the areas of EMC, radio, mobile software applications, over-the-air performance, SAR, field trials, electrical safety and acoustics as well as international type approval.