Location Sciences Group PLC Snapshot
Proxama PLC (AIM: PROX) is an international mobile commerce company operating across two divisions specialising in proximity marketing via mobile and providing end-to-end solutions for card issuers to migrate customers from magnetic stripe credit and debit cards to contactless mobile payments.
We’ve been at the forefront of this market for the last 10 years. Today, our solutions are used by banks, financial institutions, loyalty companies, media owners, stadium owners, retailers and brands.
We provide end-to-end digital solutions to banks and card issuers to securely transition their card portfolio onto mobile for Near Field Communication (NFC) contactless payments as well as solutions for EMV enablement, Electronic PIN Delivery, tokenisation and card issuance management.
Our award-winning mobile proximity marketing platform, TapPoint®, enables brands to connect physical and digital assets via mobile to increase consumer engagement, retail sales and loyalty across a network of high footfall locations.
Our customers deploy our award-winning platforms and app technologies in the following ways:
Brands use TapPoint® to engage with consumers on mobile to increase sales, loyalty and to provide an immersive digital engagement experience.
Media Network Owners: Shopping malls, outdoor media owners, airports and stadia owners deploy our mobile proximity network capabilities to unlock new streams of revenue and to add value to their brand partners.
Financial institutions: Banks, card issuer and processors use our EMV Enablement solutions to manage hundreds of millions of EMV cards around the world, and our Digital Enablement Platform™ to transition their card portfolios onto mobile for NFC contactless payments.
End-to-end support for cloud-based (HCE) payments and network/vendor payment models, combining Proxama’s trusted and mature EMV components with Token and Credential Management. Self-contained for simple integration with existing issuer systems. For more information, download our Solution Paper.
Payment Application Manager
Mobile payment app provisioning, activation and lifecycle management supporting multiple apps and devices. Token support from integration with Proxama’s Tokenisation Manager.
Token generation and storage for mobile app provisioning, and de-tokenisation for transaction processing.
EMV Transaction Manager
EMV transaction authentication for mobile authorisation requests from secure element and cloud-based payment apps, with HCE key validation based on configurable rule sets.
HCE Credential Manager
Limited and single-use HCE key replenishment, transaction analytics and exception processing based on configurable risk management profiles.
Visa Ready HCE payment SDK for integration with a wallet or mobile banking app. Secured by white box crypto, and can be deployed in a Trusted Execution Environment (TEE).
For more information please click here
The Proxama Network™ is the UK’s largest independent network of Bluetooth beacons.
We’ve partnered with leading out-of-home media owners to deploy beacons across their media real estate — giving you the opportunity to engage in real-time with millions of consumers via their mobiles, in high footfall locations and in areas of high dwell.
Network locations include Buses, Taxis, Airports, Convenience Stores, Shopping Centres, City Centres and Stadia – to name just a few.
For more information on Marketing please click here
CHIEF EXECUTIVE OFFICER
Mark is one of the advertising industries leading lights with numerous senior relationships across the ad tech and media giants. He joins us from Opera Mediaworks, where he was Managing Director, EMEA. Mark founded and sold his mobile advertising business 4th Screen to Opera, and then helped grow the business to over $100m in revenues. Mark’s expertise is in executing in a high growth ad tech sector as well as European acquisitions. He joined the Board in June 2017.
CHIEF FINANCIAL OFFICER
David is an accomplished CFO with a wealth of public company, growth and international business experience within the technology and energy sectors. David is currently the CFO of SmartXpo Solutions Limited, the AI and machine learning company to the global events industry. Prior to this, he was CFO of STC Energy Management Limited, a leading energy software technology provider, where he led the sale of the company to Inspired Energy PLC. Previously, David was a non-executive director of Pixels Limited, (formerly AIM quoted as Pixel Interactive Media Limited) which was recently acquired by Gravity4, with responsibility for corporate governance and investor relations.
Kelvin Harrison is a chartered engineer with extensive experience in executive and non-executive roles across the information technology, media and telecommunications sector. His involvement has spanned from start up, through VC and PE investment to IPOs on LSE and AIM and exits via trade sale. He was previously CEO of Vega Group plc and Maxima Holdings plc, which he founded and grew to more than £50M revenues, £9M pbt and 500 staff. He was also CEO of Symbionics Group, a pioneer in wireless technologies such as Bluetooth, and an NED with UBC Media Group plc. He has led high growth of revenues and profits in British and International businesses, with a recent focus on Software as a Service (SaaS). He was Chairman of NetDespatch which was recently purchased in a strategic acquisition by Royal Mail Group. He is also Chairman of Traveltek, Atlas Cloud and Clixifix.
Shaun has been a Non-Executive Director at Location Sciences since June 2014. Shaun has held a number of executive roles at some of the most respected international media and technology businesses such as Telefónica, Telegraph Media Group and EMAP. He currently serves as CEO of Exterion Media, a leading international outdoor advertising Company, backed by Platinum Private Equity. Shaun is also a Non-Executive Director on various Boards, including Ocean Outdoor, and has served as Non-Executive Chairman for companies including Weve and Tag Man. In the industry, Shaun serves as the Vice Chairman for FEPE, and has previously served on the Board on numerous Trade Bodies, including the Mobile Marketing Association and The Advertising Association.
Benjamin co-founded the management consultancy company, Concise, which was acquired by iris Worldwide, the integrated marketing agency in 2008. Post-acquisition, the company became the strategy and consulting arm of iris Worldwide, with Benjamin taking up the role of CEO for iris Concise, as well as serving on the Board of Iris Worldwide. Benjamin is also non-executive Chairman to the electronic receipts company, yReceipts.
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20 Eastbourne Terrace
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