Market Overview

Banca Transilvania Deploys inside Secure's Complete Mobile Payment Solution Supporting Both Visa and Mastercard


Fully-certified, complete solution features Inside Secure's new
Mobile Payment Server solution

Inside Secure (Paris:INSD), at the heart of security solutions
for mobile and connected devices, today announces that its complete
mobile payment solution, Mobile Payment Server and Mobile Payment
Client, has been selected by Banca Transilvania, a banking institution
headquartered in Cluj-Napoca, Romania, for its new service, which is
launching today. Banca Transilvania has also chosen Inside Secure's Code
Protection Tool to protect its complete application, further evolving
the companies' partnership to end-to-end software protection.

Inside Secure's fully-certified Mobile Payment Solution drastically cuts
time-to-market for issuer banks who want to deploy their own-brand of
mobile payment solutions. Issuer banks also have the flexibility to
decide how to best serve their customers in mobile financial

Banca Transilvania is the first bank to go through the Visa Token
Service (VTS) Token Requestor - Token Service Providers (TR-TSP) program
and Inside Secure is the first TR-TSP to have guided a bank through this
process. VTS is a security technology that replaces cardholder
information with a unique digital identifier (token) that can be used
for payment without exposing a cardholder's more sensitive account
information. Tokenization hides consumers' confidential account
information during digital transactions, making digital payments more
secure for everyone, everywhere. The phone becomes a digital wallet,
changing the shopping and money sending experiences of BT customers who
own a Visa or MasterCard debit or credit card.

Banca Transilvania will simultaneously launch MasterCard Mobile
Payments, leveraging Secure's solution to rapidly deliver HCE payments
for both schemes. The MasterCard implementation utilizes the MasterCard
Digital Enablement Service (MDES) for tokenization.

Inside Secure is presently the only vendor to earn recertification for
the full end-to-end solution with both Visa and MasterCard. The solution
consists of its Mobile Payment Server to manage an Issuing bank's
ecosystem for delivering mobile payments to its customers, and its
Mobile Payment Client which provides an SDK, easily integrated into
mobile banking and wallet applications or a white-label mobile payment

"Through BT PAY app we want to offer our customers new
experiences when shopping, sending money or checking their card
transactions. The appetite of our bank customers for contactless
shopping is growing, the increase being over 350 percent in December
2017 compared to December 2016. Also, every second means five
transactions are made with one of our 20 offered cards. Launching BT Pay
is a big step for the bank in order to provide digital services to its
customers," said Ömer Tetik, chief executive officer of Banca

"We are excited to have worked with Banca Transilvania to complete the
process of on-boarding Visa and MasterCard, and as our lead customer for
the on-premise version of Mobile Payment Server," said Simon
Wilson-Blake, chief operating officer of Inside Secure. "We see great
traction with banks who want to easily get to market with a
highly-secure complete mobile payment solution and we expect to see
additional banks and institutions come on board in the coming months."

About Inside Secure
Inside Secure (Euronext Paris – INSD) is
at the heart of security solutions for mobile and connected devices,
providing software, silicon IP, tools, services, and know-how needed to
protect customers' transactions, ID, content, applications, and
communications. With its deep security expertise and experience, the
company delivers products having advanced and differentiated technical
capabilities that span the entire range of security requirement levels
to serve the demanding markets of network security, IoT and
System-on-Chip security, video content and entertainment, mobile payment
and banking, enterprise and telecom. Inside Secure's technology protects
solutions for a broad range of customers including service providers,
operators, content distributors, security system integrators, device
makers and semiconductor manufacturers. For more information, visit

About Banca Transilvania

Banca Transilvania is ranked 2nd amongst Romanian banks, in
terms of assets and is a leader on Romanian cards market. The bank is
channeling its activity on three business lines: Corporate, SME and
Retail. BT has over 7.000 employees, 550 units and 2.2 million clients.
The bank's strategy is supported by international shareholders, such as:
the European Bank for Reconstruction and Development (BERD) and IFC
–World Bank.

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