IDEMIA Combines Business Units Into New ‘SET’ Division

“The company’s Financial Institutions, Connected Objects, and Mobile Operators divisions are all joining together to form the Secure Enterprise Transactions, or SET, division.”

IDEMIA has announced further changes to its corporate structure, a little over a year after its last major overhaul.

Essentially, the changes comprise the consolidation of three previously discrete business units. The company’s Financial Institutions, Connected Objects, and Mobile Operators divisions are all joining together to form the Secure Enterprise Transactions, or SET, division.

The new division will be helmed by Pierre Barrial, who was appointed IDEMIA’s Financial Institutions VP at the start of 2018. Amanda Gourbault, the former VP of Financial Institutions Global Sales and Commercial Processes, has been promoted to Barrial’s former position, taking a seat on IDEMIA’s executive committee.

Meanwhile, the former Connected Objects division “will henceforth take over IDEMIA’s biometric devices activities,” IDEMIA said in a statement announcing the changes.

Explaining the changes, the company said that the new SET division “will deliver connectivity, payment and identity solutions as customers require under a revamped offering that guarantees IDEMIA’s services efficiency, fluidity and security.” The company added that IDEMIA’s reorganization “will streamline its structure”, with the changes taking effect immediately.

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February 20, 2019 – by Alex Perala