Entersekt appoints Nicolas Huss to board

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South African authentication platform Entersekt has added Nicolas Huss to its board of directors, the company announced in a press release Wednesday (Nov.4).

A 20-year veteran of financial services and payments, Huss was most recently CEO of the Paris-based payment company Ingenico. During the two years he was there, last month he oversaw the company’s merger with Wordline, which created the largest payments company in Europe and the fourth largest in the world. Prior to Ingenico, Huss led Visa Europe and was part of its sale to Visa Inc.

Entersekt CEO Schalk Nolte said the company is delighted to welcome Huss and touch his “record of building successful and future-proof businesses” as the company strives to grow internationally.

“This is an exciting time in the financial services industry,” Huss said. COVID-19 is changing the way consumers bank and shop, and there is real potential for suppliers to offer a proven alternative to regular business. Entersekt’s focus on state-of-the-art security coupled with excellent digital user experiences fits the bill. I’m thrilled to join his stellar board to help create value for both shareholders and customers. “

Huss is also on the board of directors and chairs the audit committee of Amadeus IT Group, a leading Spanish software provider for the travel industry. He also chairs its audit committee.

Co-founded in 2005 by Nolte, Altus van Tonder, Christiaan Brand, Dewald Nolte and Niel Müller, Entersekt supplies authentication and identity software to financial institutions and large enterprises around the world.

In a recent PYMNTS interview, Mzukisi Rusi, Head of Technology Delivery at Entersekt, North America, said the COVID-19 pandemic has accelerated banks’ digital switchover.

The pandemic is also altering and accelerating the financial situation ecosystems. Sherif Samy, Senior Vice President, North America at Entersekt, said in a recent PYMNTS masterclass that technology changes are giving clients a choice of how they interact with financial institutions.

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