Verisec welcomes Resurs Bank as new customer on the Nordic market

Regulatory press release

Today the IT-security company Verisec announced that Resurs Bank will extend their customer offering by adding an addtitional method for electronic identification with Freja eID. With the new agreement Resurs Bank will have the possibility to offer the eID service Freja eID to the bank´s Nordic user base of five million customers.

Freja eID is a new electronic identity that launched August 15 2017 and the first user group that was connected was Sweden´s university students. Following that a number of companies and organisations have announced that they will introduce Freja eID as an ID-method for their users. Resurs Bank is the first financial company that joins the new ecosystem of electronic identities that Verisec is building with Freja eID.

Resurs Bank is a Nordic niche bank focused on financial services for the private and corporate market. Some of Resurs Bank´s partner collaborations within financing- and payment solutions are SIBA, Bauhaus, NetOnNet, SOVA, Ticket, BMW and MIO. Resurs has tens of thousands of retail stores in the Nordic and through them a customer base of around five million people. As a part of their continued digitalization of their operations Resurs Bank now adds one more electronic identity service with Freja eID. The objective is to be able to provide their retail partners a possibility to offer end users more options for a convenient and secure experience.

Joakim Wallin, Head of Cards Nordic, Resurs Bank comments:
”By adding Freja eID as an additional eID service we take a big step forward in our development of digital services as we now will gain access to a platform where we can do business development from a Nordic perspective. Up until now we have been adapting to the different eID-solutions offered in the different countries and there are very big differences. With a more flexible ID-platform, working across borders, we can now take our digital offer to the next level.”

Johan Henrikson, VD Verisec, comments:
”The agreement with Resurs Bank clearly shows that there is a demand for alternative solutions around electronic identities. The Nordic perspective, which was one of the key factors for Resurs Bank choosing Freja eID, is in my mind worth highlighting. In the future I believe we all will have electronic identities with a global reach, simply because the digital services we use does not stop at the country border. However, we need to start building the ecosystem of services and end users from our home region to begin with. The agreement with Resurs Bank is a huge step forward in that process with five million potential users of Freja eID.”

For more information please contact:

Johan Henrikson, CEO Verisec AB
Mobile: +46 733 45 89 02
E-mail: johan.henrikson@verisec.com

This information is such information that Verisec AB (publ) is obliged to publish according to EU:s Market Abuse Regulation. The information was provided, by the contact person stated above, for publishing on the 31st of January 2018 at 17.20 CET.

About Verisec
Verisec AB (publ) is a company on the cutting edge of digital security, creating solutions that make systems secure and easily accessible. The company provides a wide range of products and services within its two areas of business: Digital Identity and Information Security. Verisec has global distribution and operations in Stockholm, London, Belgrade, Madrid, Mexico City, Dubai and Frankfurt. Verisec is listed on Nasdaq First North Premier in Stockholm. For more information, please visit www.verisec.com and www.frejaeid.com

About Resurs Bank
Resurs was founded 1977 and is one of the Nordic´s fastest growing niche banks. During the 1980´s we invented the successful sales finance concept “Interest-free” and today we are one of the Nordics leading banks within retail finance, with approximately 5,5 million end customers in the Nordics. From the base within retail finance the product offering has evolved to include also savings accounts, insurance, private loans and credit cards. One of our credit card offerings is the Supreme Card with around 150 000 cards in the Nordics.  Resurs Bank is owned by the parent company Resurs Holding and is a part of the Resurs Holding corporate group. During 2015 Resurs Bank aquired the subsidiary company vA Bank.

Press release in PDF.