Kuvasz Solutions, a provider of payment services, and comforte, a specialist in data-centric protection for payments, have expanded their partnership to a global scale, with an immediate focus on the North American market, following successful collaboration in Latin America.
The expanded collaboration builds on a record of payment innovation and data security achievements in Latin America. The partnership has enabled financial institutions and fintechs to enhance their security and compliance by combining Kuvasz Solutions’ payment services with comforte’s data security technology.
Andreas Suma, Managing Director, Kuvasz North America, noted the impact of the initial collaboration. “Our collaboration with comforte has been a game-changer for select clients in Latin America,” Suma stated. “The market’s rapid digitalization and demand for innovative reliable payments services provided an ideal environment for our combined capabilities to thrive. Now, we are ready to extend level of innovation, security, and scalability to the North American landscape.”
Anthony Corazzini, Executive Vice President, Americas Sales for comforte, affirmed the synergy. “The successes we’ve seen with Kuvasz Solutions are a testament to our shared vision of serving our joint customers in a synergistic relationship,” Corazzini said. He added, “This partnership creates a powerful collaboration that allows us to better serve clients across the entire payment ecosystem, all while ensuring sensitive data remains protected. Extending to North America is the logical next step, from established financial institutions to emerging fintech players.”
A cornerstone of their joint success has been shared expertise leveraging the HPE Nonstop platform, a high-availability infrastructure that ensures mission-critical financial transactions are processed with consistent uptime and security. Both companies plan to discuss this expanded partnership at the HPE Nonstop Technology & Business Conference in Houston, scheduled for September 16-18.
comforte AG provides data-centric security technology, with over 500 enterprises globally utilizing its tokenization and format-preserving encryption capabilities to secure sensitive data. The comforte Data Security Platform integrates with cloud-native environments and traditional core systems to discover, classify, and protect data. The company has over 20 years of experience in data security.
Kuvasz Solutions specializes in payment technology and instant payments, with 17 years of experience. Its offerings assist banks, fintechs, and merchants in managing the evolving payments ecosystem, focusing on security, compliance, operational efficiency, and scalability. Kuvasz supports digital transformation through real-time payment platforms, advanced technology integration, and consulting services.
