Wultra to Provide Authentication to Global Payments Europe

December 4, 2023
White laptop on white background with Global Payments logo on the screen

Prague, 4/12/2023 — Wultra, a provider of modern authentication solutions to banks and fintech companies, is delighted to announce a strategic partnership with Global Payments Europe (GPE). This collaboration marks a significant step in enhancing today’s security and payment offerings within the financial sector, particularly in the Czech, Slovak, German, and Hungarian markets.

Wultra is set to deliver its cutting-edge authentication solution to GPE. This partnership is poised to revolutionize the financial services landscape, offering a substantial upgrade in security, authentication, and payment processing services.

As a Czech company, Wultra is especially passionate about fostering growth in the Central European financial industry. Our partnership with GPE is the ideal opportunity to focus on providing modern authentication and digital onboarding solutions in these markets, and we're confident that our capabilities will have a profoundly positive impact on GPE's customers and services alike. We're proud to support GPE's devotion to providing payment solutions that meet the needs of modern users.

— Petr Dovřák —CEO, Wultra

The partnership between Wultra and GPE showcases the following capabilities:

  • Strong Customer Authentication (SCA): Wultra will be providing its PowerAuth solution as a key component of GPE's issuing services. PowerAuth delivers SCA for 3D secure payments, ensuring secure transactions and safeguarding customer data. Additionally, it extends SCA to other transactions, elevating the overall security of issuer processing while also ensuring regulatory compliance.
  • Enhancing GPE’s offer: GPE's partnership with Wultra significantly enhances its service offerings. By integrating Wultra's innovative authentication, GPE will have a more comprehensive suite of services to offer its customers, reinforcing their commitment to providing secure, efficient payment solutions.
  • Customer benefits: The partnership directly benefits GPE's customers and bolsters trust in GPE’s services. Equipped with Wultra's advanced authentication solutions, customers can expect a best-in-class security and more streamlined experience when conducting financial transactions.
Providing the best-in-class authentication services is our long-term priority and commitment to GPE customers. I am excited to announce the new partnership with Wultra that will bring new and unique opportunities for our financial services, delivering the operational efficiency, highest security standards and exceptional user experience to our customers.

— Jaroslav Farkaš —Product Strategy Director, GPE

The collaboration between Wultra and GPE highlights a shared commitment to remaining at the forefront of technological advancements in the financial industry. Together, they aim to deliver robust, secure payment solutions to meet the evolving needs of their customers.

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