Benzinga | Jan 26, 2022 09:18AM EST

REPX Selects WISeKey's WISeID Technology To 'Secure Its Applications For The Sports Fans Ecosystems'

WISeKey International Holding Ltd ("WISeKey") ((SIX: WIHN, NASDAQ:WKEY), a leading global cybersecurity, AI, blockchain and IoT company, announces the signing of a strategic partnership with The Reputation Exchange Plc. ("REPX"), a leading electronic payment and digital ecosystem fintech. REPX, through products and a series of technologically advanced applications -- all based on registered patents -- and an innovative business model, allows sports clubs, entertainment and sports stars, celebrities, influencers, brands and cities with high tourist appeal to have their own personalized prepaid credit card.

Along with a special App that allows them to connect with their followers, this innovative product boasts a significant potential increase in fan engagement. Reaching its target of nearly half a billion fans in soccer and sports, REPX has already signed partnerships with 15 top football clubs of international relevance, and they expect to be listed on the London Stock Exchange in a couple of weeks.

Carlos Moreira, WISeKey's CEO noted, "The collaboration with REPX reinforces our common objectives of providing secured digital identity verification and KYC solutions that keeps fans engaged with their sports teams, celebrities, influencers and brands, through applications and credit cards."

Francesco De Leo, Repx Director noted, "The growth potential of social networks as platforms that allow fans to purchase branded products and services, including credit cards, from their favorite clubs and the number of followers of top clubs such as Real Madrid, ACMilan, As Roma, Torino, that have already signed with REPX, opens new market opportunities in the digital transformation of financial services."

WISeID is a trusted identity platform and service that enables access to the web and mobile applications with strong authentication techniques. WISeID supports online KYC onboarding, OTP, SSO, MFA and digital certificate for strong authentication.