FortressPay chose to leverage the AWS ISV modernization program to bring to market their disruptive Payment Identitytm Platform, which integrates their global issuing and acquiring capabilities with a frictionless biometric checkout experience.
MIAMI, Dec. 1, 2023 /PRNewswire-PRWeb/ -- "FortressPay's vision is to eliminate friendly and attack payment fraud with frictionless customer experience using biometrics. Mobile device payments are approaching over 65% of all credit card transactions globally. People use a selfie to unlock their phones multiple times a day, making a payment should be no different.", said Alessandro Chiarini CEO, "By leveraging FortressPay, merchants can lower their payment processing fees by reducing chargebacks to nearly zero, while maintaining a seamless checkout experience for its customers. FortressPay leverages government and border control accuracy level facial biometric technologies, versus on-device biometrics, to ensure the most stringent security and be mobile carrier agnostic."
"Major card brands like Visa, MasterCard, Discover, and American Express are implementing biometrics to curtail fraud, as supported by the American Express announcement of the implementation of biometrics in Safe Key.", says Felix Torres Ostolaza, COO of FortressPay, "These efforts support our vision and the ongoing efforts of the payment ecosystem to curtail credit card fraud.
FortressPay worked with SoftwareOne to optimize security and scalability. "FortressPay's disruptive concept of the Payment Identitytm platform and their challenge to our engineering team to provide the necessary redundancy and compliance to ensure the platform was enterprise ready, was an exciting and challenging project for SoftwareOne.", says Rodrigo Eleoterio, Global Partner Channel Business Lead.
About Fortress Payments
FortressPay is a global fintech company that provides credit card issuing, acquiring , and processing, focused on US, Canada, LatAM, and Europe. The company trademarked and patent filed the concept of the Payment Identitytm Platform to combine the concepts of decentralized payments with decentralized identity that empowers users to have control over their credit and identity through clear, easy opt-in and opt-out features, helping them manage their payments identity securely. Fortress Payments Inc, DBA FortressPay, is a Delaware and Florida C Corp based in Miami, FL. To learn more, visit https://fortress-pay.com/get-started
SoftwareOne is a leading global software and cloud solutions provider that is redefining how organizations build, buy and manage everything in the cloud. By helping clients to migrate and modernize their workloads and applications ? and in parallel, to navigate and optimize the resulting software and cloud changes ? SoftwareOne unlocks the value of technology. The company's ~9,000 employees are driven to deliver a portfolio of 7,500 software brands with sales and delivery capabilities in 90 countries. Headquartered in Switzerland, SoftwareOne is listed on the SIX Swiss Exchange under the ticker symbol SWON. Visit us at www.SoftwareOne.com
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SOURCE Fortress Payments Inc
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