ARTA Artilium

TIDMARTA

Artilium PLC

11 July 2018

11 July 2018

Artilium plc

("Artilium" or the "Company")

Lycamobile selects the Artilium KYC solution for prepaid registration

Artilium plc (LSE/AIM: ARTA), the AIM quoted provider of innovative telecommunication software and solutions, announces that it is supporting Lycamobile in Belgium to implement a KYC ("Know Your Customer") Solution from 1st July 2018, for secure and easy identification and authentication of Lycamobile prepaid customers.

This solution is being implemented to help Lycamobile comply with the new mandatory SIM Card Registration process with a solution that makes the registration process significantly simpler for consumers, enabling them to use their physical documents for digital registration and ID verification.

Artilium has integrated advanced identity software to streamline the consumer registration process for prepaid mobile phone SIM cards to meet the European legal requirements.

Lycamobile currently has over 650,000 customers in Belgium and is expecting in excess of 40,000 new registrations every month, so Lycamobile have selected a "best of breed" solution with a simple registration process to deliver a compliant simple to use solution to its customers. Lycamobile sells their services through over 4,000 retail outlets in Belgium and has selected the Artilium solution due to the unique optical scanning feature which means that there is no need to manually enter customer data and this solution has been imbedded in the validation protocols within CheckDoc for eID.

Commenting on the agreement, Kristof VandePutte, COO of Artilium, said: "Our new partnership with Lycamobile is a direct response to the new anti-terrorism laws announced last year. Lycamobile are concerned about losing customers if the registration process is too cumbersome. We offer an elegant solution that makes the registration process incredibly simple for consumers, enabling them to use their physical documents for digital registration and ID verification. The integrated Artilium KYC product enable Lycamobile to let legitimate customers easily register to use their innovative mobile services, which is key to their expansion into new markets throughout Europe as more countries pass similar laws for SIM card registration."

-Ends-

For further information please contact:

 
  Artilium PLC                                 +32 (0) 5023 0300 
 Bart Weijermars - Chief Executive Officer 
 
 finnCap Ltd 
  Jonny Franklin-Adams / Anthony Adams 
  (corporate finance) 
  Camille Gochez (corporate broking)           +44 (0) 207 220 0500 
 

About Artilium

Artilium is a demonstrated leader in the development of next generation communication technologies. Artilium's strategy focuses on supporting its customers to successfully grow their business by providing flexible, cost effective and innovative solutions.

Artilium's innovation-driven strategy empowers telecom operators around the globe to face the tremendous challenges ahead. We combine next-generation technology with traditional telecom environments to create exciting new business opportunities for our customers. This ensures that our customers are able to keep up with rapidly evolving market demands while simultaneously growing their businesses.

ARTA(R) is the real-time Authentication, Authorization and Accounting (AAA) software that brings a full suite of new functionalities to telecom Operators and virtual Operators. Thanks to ARTA(R) value-added services portfolio, including for instance AAA of voice, text and data services, VoIP, 3G and 4G compliance, mobile payments and location-based services, our partners are more than ready to meet future customer needs.

Today, multiple renowned national and international telecommunication companies rely on Artilium to deliver voice, text and data services to about 1.5 million end users every day.

Artilium's "Pay-As-You-Grow" model allows us to scale our solutions to the exact needs of our customers. As a latest innovation, Artilium offers its product suite from the Cloud as a PAAS (Platform As A Service), yielding ARTA's scalability, flexibility and proven stability.

Artilium PLC is a publicly listed software company on the London Stock Exchange (LSE/AIM: ARTA).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NRAEAXXEFSFPEFF

(END) Dow Jones Newswires

July 11, 2018 02:00 ET (06:00 GMT)

Artilium (LSE:ARTA)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

Artilium (LSE:ARTA)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024