{"id":13362,"date":"2019-04-25T10:28:59","date_gmt":"2019-04-25T08:28:59","guid":{"rendered":"https:\/\/fedil.lu\/?post_type=member-news&#038;p=13362"},"modified":"2019-04-25T10:34:37","modified_gmt":"2019-04-25T08:34:37","slug":"fintech-partnership-luxtrust-and-finologee","status":"publish","type":"member-news","link":"https:\/\/fedil.lu\/fr\/member-news\/fintech-partnership-luxtrust-and-finologee\/","title":{"rendered":"FinTech partnership: LuxTrust and Finologee"},"content":{"rendered":"<p><strong>FinTech partnership: LuxTrust products available through Finologee\u2019s platform<\/strong><\/p>\n<p>LuxTrust, Luxembourg\u2019s number one digital identity and data security provider, and Finologee, the new-age FinTech specialist, are defining new collaboration models in Luxembourg by offering plug-and-play trust solutions to third-parties and developers through Finologee\u2019s own Trusted FinTech Platform.<\/p>\n<p>Both companies are pioneers in their respective sectors, as they have developed into leading service providers. On one hand, <strong>LuxTrust <\/strong>is the <strong>Qualified Trust Service Provider (QTSP) and certification authority<\/strong> in Luxembourg. The company effectively helps organisations and consumers with its <strong>electronic identity, signature and trust service solutions<\/strong> whilst being compliant with the latest EU regulations. On the other hand, Finologee is a <strong>FinTech &amp; RegTech specialist<\/strong> who runs a trusted and versatile digital platform that <strong>simplifies connectivity between financial institutions and a variety of FinTech<\/strong> solution providers.<\/p>\n<p>Through this core collaboration, LuxTrust and Finologee want to respond to market needs together combining some of their products and infrastructures in order to offer easy <strong>access to LuxTrust services, such as strong authentication, electronic signature and e-seal. <\/strong>These features are both integrated into Finologee\u2019s own <strong>products<\/strong>, such as KYC and PSD2, and made available in API mode through Finologee\u2019s own <strong>Trusted FinTech Platform<\/strong>.<\/p>\n<p>This collaboration will indeed translate into increased commercial opportunities for both market players, as organisations across Luxembourg will now be able to take advantage of the ease and simplicity of <strong>integrating trust services into their processes via<\/strong> <strong>API connectivity<\/strong>. This alliance also leverages Luxembourg\u2019s specific regulatory framework for financial industry service providers that both companies are subject to: LuxTrust and Finologee operate under a Luxembourg \u201c<strong>PSF de Support<\/strong>\u201d IT provider license under the supervision of the Luxembourg financial services regulator CSSF.<\/p>\n<p><strong>Foyer Group was among the first customers<\/strong> to integrate a LuxTrust product in API mode via Finologee\u2019s platform: as of March 2019, Foyer\u2019s customers receive certified PDF documents signed by Foyer with LuxTrust e-Seals. Thanks to Finologee\u2019s and LuxTrust\u2019s neat technical integration and optimised processes, the implementation stage was completed in <strong>less than two months<\/strong> from the first project meeting to production environment availability.<\/p>\n<p><strong>Pascal Rogiest, <\/strong>LuxTrust\u2019s CEO says \u201cThis <strong>core alliance with Finologee demonstrates the market relevance of our certified Digital Trust services and solutions to the Fintech world<\/strong>, where innovations must be backed by robust and compliant Trust services in order to provide end-to-end technical and regulatory value to the clients. Finologee is a forefront runner, and we are extremely pleased to work with them as a key partner; such partnership approach fully corresponds to our strategy of valuing our legacy Trust position into further customer-oriented solutions &amp; channels.\u201d<\/p>\n<p><strong>Raoul Mulheims, <\/strong>Finologee\u2019s CEO says \u201cThe integration of LuxTrust\u2019s products with Finologee\u2019s platform <strong>streamlines the procurement and technical integration processes for<\/strong> regulated or institutional players such as <strong>banks or insurance companies<\/strong>. They are now able to rely on a single provider that acts as a catalyst for the best FinTech products and makes them fully compliant with industry regulation. On top of this, the <strong>technical implementation becomes extremely efficient<\/strong> using Finologee\u2019s high-end API portal and infrastructure.\u201d<\/p>\n<p>LuxTrust and Finologee\u2019s collaboration model is key in this context: each company is already strong within their dedicated area of business, but together, they will be able to serve a much <strong>broader range <\/strong>o<strong>f <\/strong>customers, as well as expand the scope and quality of their products. This will enable both entities to <strong>be even more innovative<\/strong> and to <strong>cover new market segments<\/strong>.<\/p>\n<p><strong><a href=\"http:\/\/www.luxtrust.lu\">www.luxtrust.lu<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.finologee.com\">www.finologee.com<\/a><\/strong><\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-13362","member-news","type-member-news","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/fedil.lu\/fr\/wp-json\/wp\/v2\/member-news\/13362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fedil.lu\/fr\/wp-json\/wp\/v2\/member-news"}],"about":[{"href":"https:\/\/fedil.lu\/fr\/wp-json\/wp\/v2\/types\/member-news"}],"version-history":[{"count":0,"href":"https:\/\/fedil.lu\/fr\/wp-json\/wp\/v2\/member-news\/13362\/revisions"}],"wp:attachment":[{"href":"https:\/\/fedil.lu\/fr\/wp-json\/wp\/v2\/media?parent=13362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}