TORONTO, ONTARIO--(Marketwire - July 27, 2012) - SecureKey Technologies Inc., a developer of secure authentication solutions that extend the power of chip-based identity and payment credentials to online and mobile transactions, today announced the appointment of Charles Walton as Chief Executive Officer. Walton brings over thirty years of entrepreneurial experience in the security technology industry related to authentication, smart card ID systems, NFC/mobile data systems, and the bank card payments ecosystem. Walton will commence his new role in August, following his departure as General Manager and EVP of the NFC & Secure Payments Business at INSIDE Secure where he has worked since 2005.
SecureKey Founder and Chairman Greg Wolfond said: "I couldn't be more thrilled that Charlie is joining SecureKey as we accelerate the build-out of our Canadian ecosystem and prepare to enter new markets. There are few opportunities in our space to attract senior executives of Charlie's calibre - he brings an unmatched combination of deep subject matter expertise and the proven ability to lead fast-growing organizations."
"I'm very excited by the opportunity to lead SecureKey into the next stage of its development. The company's disruptive technology and business model, talented team, and strong market momentum, have positioned SecureKey to be a game-changer in the authentication arena," said Walton.
SecureKey recently completed a $30 million strategic investment round and launched a new authentication service for the Government of Canada that allows Canadians to use their bank authentication credentials to obtain access to online government services.
About SecureKey Technologies Inc.
SecureKey provides an innovative platform-as-a-service for authentication, payment and identity. By embedding its security client in laptops, tablets, and mobile devices, SecureKey enables partners to deliver scalable, easy-to-use solutions with the security of chip-based identity and payment credentials. Financial institutions, healthcare providers, telecoms, and government organizations are using SecureKey today to provide two-factor and federated authentication and identity solutions. SecureKey is a privately-held company based in Toronto, Canada, with backing from leading technology, payments and mobile industry network providers.