Intelligent CIO LATAM Issue 57 | Page 33

Argentinian fintech Naranja X has expanded its use of the Thales D1 Platform to strengthen the security of its online payments ecosystem.
The implementation integrates Entersekt’ s banking and payment authentication technology to enhance fraud protection across the region.
Through this partnership, Thales delivers a cloud-based infrastructure that enables Naranja X to support wallet tokenization for Apple Pay and Google Pay while extending e-commerce protection through the 3-D Secure( 3DS) protocol powered by Entersekt’ s Access Control Server( ACS).
The solution enables fintechs like Naranja X to deploy advanced risk-based authentication protocols. By centralizing services within the Thales D1 Platform, the digital bank benefits from proactive threat detection, operational efficiencies, and higher transaction conversion. The system identifies fraudulent activity before it impacts the business, reduces false declines and fraud-related costs, and enables more than 56 % of fully authenticated transactions without user intervention.
“ The successful implementation at Naranja X demonstrates the value of our Thales D1 Platform,” said Juan Pepa, Sales Director for Banking and Payment Services for the Southern Cone, Thales.
“ It is a cloud-native solution designed for issuers and processors to launch new services with agility while balancing strong fraud protection and seamless user experience.”
Powered by Entersekt, the technology performs silent background checks, analyzing real-time risk signals such as device geolocation, user behavior and transaction history.
If anomalies are detected, the platform triggers step-up authentication using the unified D1 SDK, supporting methods including one-time passwords or biometric verification. This approach ensures strong security while maintaining fast, seamless transactions.
ARGENTINA
Hithium, a leading global provider of energy storage solutions and services, announced the expansion of its presence in Latin America with the opening of a new office in Santiago, Chile.
The new Santiago office reflects a commitment to supporting the growth of Chile’ s energy storage capacity and the region’ s energy transition more broadly, as Hithium pursues its strategy to grow in Chile and across Latin America.
Chile’ s robust renewable energy market, together with its stable planning frameworks for grid and clean power development, make the country a leader in the hemisphere.
An ambitious energy transition strategy, aiming to increase the share of clean energy from around 70 % today to net zero by 2050, also requires accelerating the build-up of energy storage capabilities to reduce curtailments of solar and wind power and support grid stability.
Hithium’ s full scenario solutions make the company a competitive player, as both utility-scale project developers and the Chilean industrial sector look to include more large-scale battery storage solutions in their energy mix.
Hithium President of Global Business Mizhi Zhang said:“ Hithium is uniquely positioned to be a strong partner in Chile’ s expansion of energy storage and establishing a permanent presence in Santiago with our new office was a necessary next step. We’ re now optimally located to meet demand for high-capacity energy storage solutions and services across the market’ s wide variety of scenarios.”
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