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South African FinTech Entersekt Appoints Nicolas Huss To Board

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

A 20-year financial services and payments veteran, Huss most recently served as chief executive officer of Paris-based payments firm Ingenico. During the two years he was there, he supervised the company’s merger with Wordline last month, which created the largest payments firm in Europe and the fourth-largest in the world. Before Ingenico, Huss led Visa Europe and was part of its sale to Visa Inc.

Entersekt CEO Schalk Nolte said the company is happy to welcome Huss and tap his “record of building successful, future-fit businesses” as the company strives to scale internationally.

“This is an exciting time in the financial services space,” Huss said. “COVID-19 is changing how consumers bank and shop, and there’s real potential for vendors offering a proven alternative to business as usual. Entersekt’s focus on state-of-the-art security matched with excellent digital user experiences fits the bill. I’m excited to join its stellar board to help build value for shareholders and customers alike.”

Huss is also on the board and chairs the audit committee of Amadeus IT Group, a major Spanish software provider to 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 provides authentication and identity software to financial institutions and large enterprises around the globe. 

In a recent PYMNTS interview, Mzukisi Rusi, Entersekt’s head of technology delivery, North America, said the COVID-19 pandemic has accelerated banks’ shift to digital. 

The pandemic is also altering and accelerating financial ecosystems. Sherif Samy, senior vice president, North America at Entersekt, said in a recent PYMNTS masterclass that technological shifts are giving customers a choice in how they engage with financial institutions.

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