Fidesmo welcomes Peter Cooper as newly appointed Chief Security Officer

By Joy Dumasia

The Swedish tech company Fidesmo has expanded its team with a new recruitment- Peter Cooper, former VP of Security at the Dutch payment company Adyen.

Peter Cooper joins from Adyen one of Europe’s most prominent FinTech company. Peter was instrumental in structuring and establishing the company’s security program as well as managing the initial international build out of the infrastructure of their platform. Before Adyen, Peter has worked in the oil and gas, telecommunications, and finance industries for several decades, transforming their security and infrastructure set-up to meet contemporary challenges.

Peter’s main role at Fidesmo will be to contribute expertise and ensure that the tech company maintains the highest possible level of security. His insights from many years in the payment industry will also be of benefit to Fidesmo.

Peter Cooper, Chief Security Officer at Fidesmo says: “I’m excited to be joining such a strong team with a product which has the promise to change the way we interact with the physical world. Security is a critical enabler for the trust that lies at the heart of these contactless services, and I’m really looking forward to ensuring that we not just meet our commitments but deliver game-changing services to our customers.”

Mattias Eld, CEO of Fidesmo says: “Security is our most important asset, and we invest in it from all different aspects on a daily basis. We believe that hardware-based security is critical for the next generation of physical transaction services. I am so happy to have Peter on board to drive that effort going forward.”

Recently, Fidesmo entered into a partnership with Sweden-based Länsförsäkringar Bank. According to the company, the collaboration will enable the bank’s customers to use the payment service Fidesmo Pay to tokenize Länsförsäkringar cards onto a variety of wearables. Customers will now be able to use bracelets, key rings, watches and watch straps, and other form factors as a means of payment, to tap and pay on any contactless terminal.