Ireland-based financial-security and compliance firm Norkom Group PLC said Tuesday that revenues for the fiscal year ended 31 March increased 64%, to 41 million euros (US$63.4 million euros) from 25 million euros the previous fiscal year, according to a statement released Tuesday. The company says it added 32 clients during the year, including 10 absorbed from United States-based Digital Harbor when Norkom acquired it in 2007. The Digital Harbor clients include companies "from the tier one U.S. financial services sector," Norkom says in the statement. Norkom also added as clients American Express Co. and Washington Mutual Bank Inc., the statement says. Norkom says it earned 4.5 million euros of revenue from the Asia-Pacific region last year, the "first full year of operations" in that region.
Authoritative analysis and perspective for every segment of the payments industry
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