Press Release
FortressPay Launches World’s First Enterprise-ready Biometric Payment Platform
FortressPay, in partnership with SoftwareONE and as part of AWS ISV Modernization Program, launches the world’s first enterprise-ready biometric payment platform, to lead the way in eliminating fraud for e-commerce and POS merchants globally.
Miami, FL Nov 30th, 2023 — Amazon Web Services powers some of the largest platforms in the world. FortressPay chose to leverage the AWS ISV modernization program to bring to market their disruptive Payment Identity™ Platform which integrates their global issuing and acquiring capabilities with a frictionless biometric checkout experience.
“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. By using global biometric partners from border control and defense, we decided to not leverage device biometrics to ensure the highest level of biometric accuracy and be 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, “We take a proactive approach by authenticating the user BEFORE the transaction is ever presented, thus reducing shopping cart abandonment for our merchants.”
FortressPay worked with SoftwareONE to optimize the Payment Identity™ Platform security and scalability. “FortressPay’s disruptive concept of the ‘payment identity’ and their challenge to our engineering team to provide the necessary security, redundancy, compliance, and scalability to ensure the platform was enterprise ready globally, 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 soon processing, focused on US, Canada, LatAM, and soon Europe. The company trademarked and patent filed the concept of the Payment Identity™ 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 Mimi, FL.
About SoftwareONE
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
SoftwareOne Holding AG, Riedenmatt 4, CH-6370 Stans
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