19th May 2015 08:14
LONDON (Alliance News) - Cybersecurity company Intercede Group PLC on Tuesday said Korean mobile payments company Interpay has signed up to use its MyTAM product.
Under the deal, Interpay will use Intercede's MyTAM security product to protect its third-party payment and banking applications running on the Android platform.
No financial details were disclosed on the deal.
"Interpay's selection of Intercede to secure its financial services platform demonstrates Intercede's growing reputation as a leading security provider with a fully international reach. Intercede is fast becoming the first choice for companies looking to ensure end-to-end security on Android and is now allowing developers from all regions and a range of sectors to deploy highly secure applications," said Intercede Chief Executive Richard Parris.
Intercede shares were up 2.1% to 95.9349 pence on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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