SOURCE: KOBIL Technologies, Inc.

KOBIL Technologies, Inc.

April 30, 2012 06:00 ET

KOBIL Announces Breakthrough Payment Technology at Payments 2012 Conference

New Technology Provides Trusted Payment and Cost Savings for Mobile Transactions

SAN FRANCISCO, CA and BALTIMORE, MD--(Marketwire - Apr 30, 2012) - KOBIL Technologies, Inc. today announced breakthrough payments solutions technology at the Payments 2012 Conference in Baltimore, MD. KOBIL will be exhibiting its technology at the company's booth #109.

KOBIL's latest technology opens up new opportunities to banks and financial institutions by allowing them to create a payment experience that helps attract new customers and customer retention. These institutions are controlling fraud with award-winning KOBIL security technologies, which is a culmination of over 25 years of experience in the IT security industry.

"Our new solution helps prevent fraudulent payment transactions while allowing customers the freedom of mobility and anywhere, anytime payment comfort," said Ismet Koyun, CEO and founder of KOBIL Systems GmbH, parent company of KOBIL Technologies. "We are excited to offer the convenience and security at an amazing price point that allows banks to control costs and fraud while attracting and retaining more customers.

"Our innovative solutions are used by financial institutions worldwide, with business results that have been surpassing expectations of our customers," said Mr. Koyun. "Our latest innovation is defining the 'new way communication,' which will bring banks and financial intuitions closer to their customers by opening new channels and opportunities."

Financial institutions are excited by the possibilities that are now opened for new innovative products that they can create using technology.

About KOBIL Systems

KOBIL Systems is a market leader and trendsetter for highly convenient IT security solutions with a focus in the area of secure digital identities. KOBIL stands for secure data, secure communication and secure authentication on every computer worldwide. Founded in 1986, KOBIL Group based in Worms, Germany, is the only manufacturer worldwide with a fully developed product line for IT-Security. As a pioneer in the area of cryptography, smart card technology and PKI (Public Key Infrastructure, digital identities) and in the area of Security for mobile platforms as Android or iPhone ec. KOBIL's products have become today's recognized standard for secure digital identities. The full research and development of the products is made in Germany. KOBIL has 40 percent of the staff involved in R&D.

KOBIL applications comply with international standards such as USB, NFC, ISO 14443, EMV-CAP, ISO 7816, ISO 9001 and the German Act for Digital Signature. KOBIL products also support common technology standards which make it very simple to integrate them into existing IT infrastructures. IT security solutions by KOBIL are mobile, flexible and user friendly, and are used in a variety of different industries. Many banks and corporations rely on KOBIL technologies, such as Deutsche Telekom, Datev, Commerzbank, Aareal Bank, DekaBank Luxembourg, Banque de Luxembourg, Sparkassen, Volksbanken, Deutsche Postbank, Migrosbank, Valiant Bank, Hypothekarbank Lenzburg, Berner Kantonalbank, ING Bank, Rothschild Bank, Raiffeisenbank International, UBS, Société Générale, BBVA, Santander, Yapi Kredi, Akbank, Isbank, German parliament and German Federal Office for Information Security (BSI).

KOBIL expanded into North America with headquarters established in San Francisco in January 2012.

Contact Information

  • Media Contacts:

    Dan Chmielewski
    Madison Alexander PR, Inc.
    +1 714-832-8716
    Email Contact

    KOBIL Systems GmbH
    Salim Guler
    Email Contact