Writing in the Fin­an­cial Times, Gil­lian Tett laments the fact that the Dodd-​Frank bill now runs to 2,600 pages and that this is but the peak of a paper mountain:

Undeni­able was developed so that organ­iz­a­tions could escape the mode of purely being reactive to spe­cific pieces of legis­la­tion, focus on identi­fying the con­sol­id­ated require­ments of all legis­la­tion and reg­u­la­tion, and develop prac­tical solu­tions to that con­sol­id­ated require­ment. In doing so, organ­iz­a­tions tend to imple­ment lasting solu­tions and cap­ture con­sid­er­able cost savings.

Though the late Steve Jobs was alluding to solving tech­no­lo­gical conun­drums, his com­ment, reported by Steven Levy in his book ‘Insanely Great’, is highly pertinent:

There is no reason why you cannot find elegant and beau­tiful solu­tions to reg­u­latory prob­lems. It just takes time and focus.

For fur­ther details please email us.

^*The quote appears in this form on page 50 of Giles Colborne’s book ‘Simple and Usable’.

In an art­icle for Bank Sys­tems and Tech­no­logy, Olivia LaB­arre high­lights increasing con­cerns about the EMV security standard. The art­icle quotes:

‘Lars Davies, CEO and founder of Kalypton, a group of com­panies that spe­cial­izes in secure inform­a­tion man­age­ment and elec­tronic pay­ment sys­tems, says the find­ings sug­gest that EMV needs to be replaced by a new, less com­plex solu­tion. He claims that in order to fix holes in the EMV spe­cific­a­tion one would have to add more layers onto it, making it even more com­plex and less adapt­able to changes or future fixes. “Simply adding to the EMV standard is like con­tinu­ally adding small sticking plasters to a con­stantly seeping wound,” he says.’

Defenders of EMV point out that it is better than the standard it is repla­cing and argue that imple­menting a superior solu­tion would incur unac­cept­able delay. Tereon was developed to address that last con­cern and is avail­able for pur­chase now.

For fur­ther details please email us.

In a recent blog, Kevin Town­send, founder of ITse​curity​.com, addresses the com­monly held mis­ap­pre­hen­sion that an organ­iz­a­tion is com­pliant if it is secure. In his art­icle he quotes Lars Davies, CEO of Kalypton as follows:

‘The problem comes from the fact that com­pli­ance and security are not com­mut­ative,’ he told me. ‘One does not neces­sarily infer the other. Com­pli­ance infers security. Security does not infer com­pli­ance… Com­pli­ance tells you what you need to achieve. Good security is simply one of a set of com­pon­ents that you need to achieve the goal.’

Inform­a­tion security is neces­sary but not suf­fi­cient for com­pli­ance in inform­a­tion man­age­ment. Undeni­able delivers com­pli­ance assured and usu­ally does so with nett cost savings.

For fur­ther details please email us.

Kalypton Lim­ited announced today that it has joined the Black­Berry Alli­ance Pro­gram to bring its Tereon® mobile pay­ments solu­tion to the BlackBerry®.

Tereon® man­ages secure trans­ac­tions ini­ti­ated from and to a mobile phone or tablet. It is proven at scale in demanding oper­ating envir­on­ments in Africa.

At the heart of Tereon® is a powerful and flex­ible soft­ware devel­op­ment plat­form cap­able of imple­menting any busi­ness logic and working with any mer­chant device and authen­tic­a­tion technology.

Tereon® is a highly dis­ruptive tech­no­logy cap­able of meeting reg­u­latory and com­pli­ance require­ments out of the box and of deploying intel­li­gent and robust security models.

In mobile pay­ments, Tereon® is already avail­able on the Android oper­ating system and is NFC ready. In health­care, Tereon® holds the pro­spect of secure remote access to patient records using pay­ments grade security. Tereon® also has applic­a­tions in loy­alty, mobile mar­keting, smart tick­eting, phys­ical access and many more applic­a­tions which require a secure hand­shake between registered actual or vir­tual devices in the field.

Kalypton are spe­cial­ists in secure inform­a­tion man­age­ment and elec­tronic pay­ment sys­tems. We operate at the inter­sec­tion of risk and com­pli­ance man­age­ment, legal and oper­a­tions func­tions within a con­ven­tional organ­iz­a­tion. We bring to bear deep exper­i­ence and insights in the law, in inform­a­tion tech­no­logy and in how organ­iz­a­tions work to deliver real world solu­tions to real world prob­lems. For more inform­a­tion please visit our web­site.

Black­Berry® and related marks and logos are owned by Research In Motion Lim­ited and are registered and/​or used in the U.S. and else­where. These are used under license from Research In Motion Lim­ited, which assumes no oblig­a­tions or liab­ility and makes no rep­res­ent­a­tion, war­ranty, endorse­ment or guar­antee in rela­tion to any aspect of any third party products or ser­vices. Tereon® is from Kalypton Inter­na­tional Lim­ited and has not been author­ized, sponsored, or oth­er­wise approved by Research In Motion Limited.

For fur­ther details please email us.

Tereon® will be imple­mented on the Black­Berry® plat­form as a native application.

Fol­lowing on from our suc­cess with the Android plat­form, we are now imple­menting Tereon® as a native applic­a­tion on the Black­Berry® plat­form, which provides a unique set of cap­ab­il­ities together with an unpar­alleled level of security. By using these fea­tures and integ­rating with the rich envir­on­ment provided by the Black­Berry® plat­form, Tereon® will be the first system to offer a full-​function mobile pay­ments system on that platform.

For fur­ther details please email us.

Tereon® has now been imple­mented on the Android oper­ating system to offer a full mobile pay­ments solu­tion on the open source mobile platform.

In con­junc­tion with one our cli­ents, who has asked us to build a pilot to bring full mobile pay­ments to the unbanked we have now imple­mented Tereon® on Android. Unlike most other solu­tions, our client wanted a pay­ments system that would operate within existing pay­ments and banking reg­u­la­tions, and so avoid the pit­falls of tra­di­tional mobile money solu­tions. Afford­ab­ility was a key require­ment. So too was the ability to grow the users into other fin­an­cial ser­vices such as loans and sav­ings, some­thing that our client could not do if they imple­mented a standard mobile pay­ments solution.

By imple­menting Tereon® on Android, we can now bring a fully func­tional pay­ments solu­tion to the unbanked, and use the same system to deliver addi­tional fin­an­cial ser­vices as they grow to need them. Tereon® on Android will finally deliver ubi­quitous banking.

For fur­ther details please email us.

Writing in the Fin­an­cial Times, Gil­lian Tett laments the fact that the Dodd-​Frank bill now runs to 2,600 pages and that this is but the peak of a paper mountain:

Undeni­able was developed so that organ­iz­a­tions could escape the mode of purely being reactive to spe­cific pieces of legis­la­tion, focus on identi­fying the con­sol­id­ated require­ments of all legis­la­tion and reg­u­la­tion, and develop prac­tical solu­tions to that con­sol­id­ated require­ment. In doing so, organ­iz­a­tions tend to imple­ment lasting solu­tions and cap­ture con­sid­er­able cost savings.

Though the late Steve Jobs was alluding to solving tech­no­lo­gical conun­drums, his com­ment, reported by Steven Levy in his book ‘Insanely Great’, is highly pertinent:

There is no reason why you cannot find elegant and beau­tiful solu­tions to reg­u­latory prob­lems. It just takes time and focus.

For fur­ther details please email us.

^*The quote appears in this form on page 50 of Giles Colborne’s book ‘Simple and Usable’.

In an art­icle for Bank Sys­tems and Tech­no­logy, Olivia LaB­arre high­lights increasing con­cerns about the EMV security standard. The art­icle quotes:

‘Lars Davies, CEO and founder of Kalypton, a group of com­panies that spe­cial­izes in secure inform­a­tion man­age­ment and elec­tronic pay­ment sys­tems, says the find­ings sug­gest that EMV needs to be replaced by a new, less com­plex solu­tion. He claims that in order to fix holes in the EMV spe­cific­a­tion one would have to add more layers onto it, making it even more com­plex and less adapt­able to changes or future fixes. “Simply adding to the EMV standard is like con­tinu­ally adding small sticking plasters to a con­stantly seeping wound,” he says.’

Defenders of EMV point out that it is better than the standard it is repla­cing and argue that imple­menting a superior solu­tion would incur unac­cept­able delay. Tereon was developed to address that last con­cern and is avail­able for pur­chase now.

For fur­ther details please email us.

In a recent blog, Kevin Town­send, founder of ITse​curity​.com, addresses the com­monly held mis­ap­pre­hen­sion that an organ­iz­a­tion is com­pliant if it is secure. In his art­icle he quotes Lars Davies, CEO of Kalypton as follows:

‘The problem comes from the fact that com­pli­ance and security are not com­mut­ative,’ he told me. ‘One does not neces­sarily infer the other. Com­pli­ance infers security. Security does not infer com­pli­ance… Com­pli­ance tells you what you need to achieve. Good security is simply one of a set of com­pon­ents that you need to achieve the goal.’

Inform­a­tion security is neces­sary but not suf­fi­cient for com­pli­ance in inform­a­tion man­age­ment. Undeni­able delivers com­pli­ance assured and usu­ally does so with nett cost savings.

For fur­ther details please email us.

Kalypton Lim­ited announced today that it has joined the Black­Berry Alli­ance Pro­gram to bring its Tereon® mobile pay­ments solu­tion to the BlackBerry®.

Tereon® man­ages secure trans­ac­tions ini­ti­ated from and to a mobile phone or tablet. It is proven at scale in demanding oper­ating envir­on­ments in Africa.

At the heart of Tereon® is a powerful and flex­ible soft­ware devel­op­ment plat­form cap­able of imple­menting any busi­ness logic and working with any mer­chant device and authen­tic­a­tion technology.

Tereon® is a highly dis­ruptive tech­no­logy cap­able of meeting reg­u­latory and com­pli­ance require­ments out of the box and of deploying intel­li­gent and robust security models.

In mobile pay­ments, Tereon® is already avail­able on the Android oper­ating system and is NFC ready. In health­care, Tereon® holds the pro­spect of secure remote access to patient records using pay­ments grade security. Tereon® also has applic­a­tions in loy­alty, mobile mar­keting, smart tick­eting, phys­ical access and many more applic­a­tions which require a secure hand­shake between registered actual or vir­tual devices in the field.

Kalypton are spe­cial­ists in secure inform­a­tion man­age­ment and elec­tronic pay­ment sys­tems. We operate at the inter­sec­tion of risk and com­pli­ance man­age­ment, legal and oper­a­tions func­tions within a con­ven­tional organ­iz­a­tion. We bring to bear deep exper­i­ence and insights in the law, in inform­a­tion tech­no­logy and in how organ­iz­a­tions work to deliver real world solu­tions to real world prob­lems. For more inform­a­tion please visit our web­site.

Black­Berry® and related marks and logos are owned by Research In Motion Lim­ited and are registered and/​or used in the U.S. and else­where. These are used under license from Research In Motion Lim­ited, which assumes no oblig­a­tions or liab­ility and makes no rep­res­ent­a­tion, war­ranty, endorse­ment or guar­antee in rela­tion to any aspect of any third party products or ser­vices. Tereon® is from Kalypton Inter­na­tional Lim­ited and has not been author­ized, sponsored, or oth­er­wise approved by Research In Motion Limited.

For fur­ther details please email us.

Tereon® will be imple­mented on the Black­Berry® plat­form as a native application.

Fol­lowing on from our suc­cess with the Android plat­form, we are now imple­menting Tereon® as a native applic­a­tion on the Black­Berry® plat­form, which provides a unique set of cap­ab­il­ities together with an unpar­alleled level of security. By using these fea­tures and integ­rating with the rich envir­on­ment provided by the Black­Berry® plat­form, Tereon® will be the first system to offer a full-​function mobile pay­ments system on that platform.

For fur­ther details please email us.

Tereon® has now been imple­mented on the Android oper­ating system to offer a full mobile pay­ments solu­tion on the open source mobile platform.

In con­junc­tion with one our cli­ents, who has asked us to build a pilot to bring full mobile pay­ments to the unbanked we have now imple­mented Tereon® on Android. Unlike most other solu­tions, our client wanted a pay­ments system that would operate within existing pay­ments and banking reg­u­la­tions, and so avoid the pit­falls of tra­di­tional mobile money solu­tions. Afford­ab­ility was a key require­ment. So too was the ability to grow the users into other fin­an­cial ser­vices such as loans and sav­ings, some­thing that our client could not do if they imple­mented a standard mobile pay­ments solution.

By imple­menting Tereon® on Android, we can now bring a fully func­tional pay­ments solu­tion to the unbanked, and use the same system to deliver addi­tional fin­an­cial ser­vices as they grow to need them. Tereon® on Android will finally deliver ubi­quitous banking.

For fur­ther details please email us.

On 27 September 2010, Kalypton Inter­na­tional Lim­ited final­ized its pur­chase of the whole of the assets and good­will of Augusta Sys­tems Holding Lim­ited, fol­lowing a period of 5 months of negotiations.

Kalypton Inter­na­tional Lim­ited has now provided the neces­sary fin­an­cing, assumed respons­ib­ility for the con­tinuing devel­op­ment and mar­keting of the Augusta pay­ment tech­no­logy and solu­tion, and will incor­porate this into its existing infrastructure.

For fur­ther details please email us.

On 22 July 2010, Kalypton Inter­na­tional Lim­ited final­ized its pur­chase of Softech Sys­tems Lim­ited. Softech Sys­tems is now a fully owned sub­si­diary and will con­tinue to develop its advanced NFC and Point of Sale tech­no­lo­gies and solu­tions, which Kalypton Inter­na­tional will incor­porate into its existing infrastructure.

At the time of the pur­chase, Softech Sys­tems Lim­ited was spon­soring a PhD stu­dent through the Prince of Wales Innov­a­tion Schol­ar­ships scheme. Kalypton Inter­na­tional Lim­ited has announced that the new man­age­ment of Softech Sys­tems will con­tinue to sup­port the POWIS pro­ject, and that this will be aug­mented by the involve­ment and interest that its sub­si­di­aries, Kalypton Lim­ited and Kalypton Tech­no­lo­gies Lim­ited, also have in that project.

For fur­ther details please email us.

On the evening of 1 July 2010 Hitachi Data Sys­tems hosted a private dinner at Tower 42 in con­junc­tion with Kalypton. The pur­pose was to dis­cuss how organ­iz­a­tions might under­stand inform­a­tion gov­ernance, imple­ment inform­a­tion gov­ernance cost effect­ively, and so con­duct busi­ness law­fully and efficiently.