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five°degrees and Entersekt partner for a new banking approach

by five°degrees | 5 September, 2019

The Dutch fintech welcomes Entersekt to its Open Banking Marketplace, offering banks industry-leading fintech


Amsterdam, 5th of September 2019 – Digital core banking provider five°degrees today announces a partnership with Entersekt, an innovator in mobile-first fintech solutions. The agreement makes Entersekt’s state-of-the-art digital channel security platform available on five°degrees’ Open Banking Marketplace, which boosts collaboration between banks and technology companies for steamlined digital customer experiences, improved efficiencies, and trouble-free compliance.

Entersekt is a B2B2C fintech company based just outside Cape Town, South Africa. Its European headquarters are in Utrecht, the Netherlands, with additional locations  in Canada, Germany, Mauritius, the United States and the United Kingdom, among other places.

The collaboration between five°degrees and Entersekt will help the financial services providers meet challenges and unlock opportunities in Europe and further afield, strengthening their own positions within the global market for banking and finance software solutions.

Commenting on the partnership, Peter-Jan van de Venn, Executive Vice President, five°degrees, said: “Partnering with Entersekt is testament to our vision for the future of banking and finance so we are delighted to welcome the company as part of the our Open Banking Marketplace. Our marketplace is championing a culture of collaboration throughout the industry,enabling us to provide a better customer experience via interconnected APIs.”

Schalk Nolte, CEO of Entersekt, said: “Our products are mature and scalable, with proven track records. At Entersekt we help tens of millions of end-users across the globe, securing 150 million digital transactions every month in 45 countries. We look forward to being part of five°degrees’ Open Banking Marketplace and are confident that our partnership will drive further innovation in digital service provision and help our mutual customers differentiate themselves from the competition.”

About Five Degrees:

Five Degrees is a banking technology company founded in 2010 and has its headquarters in the Netherlands. By supporting financials in their digital transformation with its next-generation digital core banking platform, Five Degrees is the three-time consecutive member of the FinTech50 and a Dutch FinTech Award winner in the Banking IT category. For more information, visit https://www.fivedegrees.com/ or follow on Twitter @fivedegrees

About Entersekt:

Entersekt is an innovator of mobile-first fintech solutions. Financial services providers and other enterprises rely on its patented mobile identity system to provide both security and the best in convenient new digital experiences to their customers, irrespective of the service channel. Whether pursuing compliance through strong authentication and state-of-the-art app security or looking to meet consumer demand for on-the-go information sharing and payment capabilities, Entersekt’s clients always enjoy a competitive advantage. For more information, visit www.entersekt.com or follow in Twitter @entersekt

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Will Painter, WP Communications
will.painter@wp-communications.com
+44(0)7957 670 073

Topics: Press release