Samsung SDS, a global IT service company and affiliate of the Samsung Group, is stepping up its mobile security solution business in the European market. The tech firm is expanding its presence across Asia, the U.S. and now Europe by signing partnerships with globally-renowned companies in the nations.
Samsung SDS announced on August 3 that it has recently partnered with the U.K. investment bank, wired and wireless telecommunications company and Giesecke& Devrient (G&D), Europe's largest banking and public security solutions provider based in Germany, expanding its business into the European mobile security market.
Under the partnership, Samsung SDS will jointly develop digital banking services with Barclays, the second largest investment bank in UK, along with Samsung Electronics. Samsung SDS plans to offer its mobile authentication solution Fast Identity Online (FIDO) for the U.K. banking firm, while Electronics is set to provide its mobile security platform KNOX. Based on it, Samsung SDS will help Barclays to develop and release faster and safer digital services.
Moreover, Samsung SDS has agreed to jointly carry out a mobile authentication solution business with G&D. For this, clients of G&D will be able to use Samsung SDS’s mobile biometric authentication solution which is expected to enhance security levels of financial transaction based on the existing password entry system.
In addition, Samsung SDS will provide the U.K. wired and wireless telecommunications firm with mobile security solutions, including Enterprise Mobility Management (EMM) and FIDO biometric recognition system.
Meanwhile, Samsung SDS utilizes its mobile security solution for user authentication of Samsung pay. The firm provides the solution to the U.S. government departments and the Singapore Agency for Defense Development. It also provides mobile biometric authentication solution to financial companies, including EdgeVerve, an India-based global banking service market leader, contributing to mobile-based financial digital innovation.