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CompanyProfile
Go wallet-less with
tokenized, personalized
wearable tech ISO/MLS contact:
Andy Ramsden
IGISEQ was founded in 2014 by Terrie Smith,
former driving force behind Mastercard Digital Head of Business Development
Enablement Service, the backbone of mobile
D contactless payment services like Apple Pay. +44 (0) 7525 687168
Inspired by the technology's potential, Terrie set out to andy.ramsden@digiseq.co.uk
take wearable tech mainstream, securing several pay-
ment technology patents along the way. Andy Ramsden, www.digiseq.co.uk
head of business development at DIGISEQ, summarized
the company's goal as freeing consumers to use any PIN, DIGISEQ representatives stated, while noting all
object for payment or identification. Chosen items could wearables can be activated from the comfort of home.
be a watch, ring or even a face mask, he noted, thereby DIGISEQ representatives also pointed out that the
enabling millions of people to interact with sports clubs, company handles payment enablement from end to
banks and other businesses worldwide through passive end, including over-the-air payment data provisioning,
wearable technology. saving banks and OEMs time and money. Additionally,
DIGISEQ noted, these solutions reduce plastic usage,
Unlike other tech wearables, such as smartwatches with which improves environmental sustainability. They also
limited battery lives, DIGISEQ's tokenized solution can described their core product offerings as follows:
transform an ordinary object into a contactless payment
or digital ID token just by inserting a chip, Ramsden • Rapid Contactless Personalization Solution
explained. (RCOS) securely tokenizes Mastercard payment
data from the consumer's linked payment card to
Experienced leadership their wearable item, via DIGISEQ's Manage Mii mo-
bile app. The solution is iOS and Android compatible
Smith, who serves as DIGISEQ's CEO, and Chief and can be used for prepaid and tokenized accounts.
Technology Officer Colin Tanner recently welcomed
new board members David Birch, a fintech commentator, • Objects-as-a-Service enables any form factor to be
and Angela Yore, managing director of British PR augmented with a chip and turned into a contactless
firm SkyParlour, as non-executive chairman and non- payment or digital ID token. Combined with RCOS,
executive director, respectively, to guide the company's this is a game-changer for banks, non-bank issuers
next expansion stage. and other brands, as DIGISEQ handles both person-
alization and payment enablement of the wearable
In the past two years, DIGISEQ's patented technology item.
has been rolled out in more than 300 types of wearables Expanding partner ecosystem
from multiple brands, including LAKS, VIMPay and the
Aeklys ring from renowned designer Phillippe Starck. In DIGISEQ has seen its wearable tech and services speed
addition, DIGISEQ partnered with chip maker Infineon up entry times at sports and music venues by facilitating
on a secure ID solution that combines NFC chip and encrypted ID for secure access. Its growing family
blockchain technology designed to combat counterfeit of wearable items can be provisioned with real-time
item fraud and provide ultra-secure physical item promotional offers, which incentivizes more usage while
verification. The company's technology was also used at providing an immersive user experience, the company
the 2019 Golden Globe Awards. In 2021, DIGISEQ launched noted.
its breakthrough mobile personalization solution, RCOS
and the Manage Mii mobile app. The wearable tech was DIGISEQ connects an entire ecosystem, including banks,
featured at Spanish Liga football club Real Betis, where product creators, retailers, chip manufacturers and
fans used their wearables to store season ticket passes, service providers, the company stated, adding that its
access the stadium and make contactless payments. award-winning IoT platform securely delivers data into
Tokenized wearables everyday wearables, enhancing everyday objects with
NFC payment, Access Control, Digital Identity and User
Describing DIGISEQ as the world's first tokenized Engagement contactless functionality. Reflecting on the
wearable payments service, the company said users company's exponential growth, DIGISEQ Board Member
can pair bank cards to their item, track activity and David Birch said, "DIGISEQ strives to make the wallet
choose other optional features. Wearables feature real- redundant, money contactless and identification simple
time tracking for added security and do not require a and secure."
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