Dec.
1984

Foundation

IWI began operations in Shimbashi, Minato-ku, Tokyo, as one of the few independent system development companies at the time. The name Intelligent Wave (IWI) reflects a shared aspiration at the time of its founding: to cause a shock wave that will change the times.

1989
 

Development of a Network Connection & Authorization System Supporting 24/7 Payment Processing

At the time in Japan, it was common for credit cards to be unavailable late at night due to system maintenance. IWI developed a system that enabled network connection and authorization processing to be handled separately from the main system through a front-end processor. This helped make card payments available in Japan anytime.

NET+1
1996

Development of a System Supporting High-Speed Securities Trading

For time-sensitive securities trading, IWI developed a system capable of reliably transmitting tens of thousands of data items per second with low latency. The high-speed, large-volume data processing technologies cultivated through this effort continue to serve as core technologies across a range of IWI products today.

1999

Development of a Fraud Detection System for Secure Payments

To reduce the growing damage caused by fraudulent transactions, IWI developed a fraud detection system. By leveraging its accumulated real-time data processing technologies, IWI enabled real-time analysis of card use and determination of whether it was fraudulent.

Jun.
2001

Listed on the JASDAQ Market

Sep.
2002

Establishment of Wave Hakodate in Hokkaido

Wave Hakodate, a nearshore development base in Hakodate, Hokkaido, began operations to support the development of IWI’s core products in the payment domain, such as FEP system and fraud detection system. Since its establishment, it has strengthened ties with the local community, for example through collaboration with educational institutions in the city.

ウェイブ函館の外観
Jun.
2003

Development of Antivirus Software with a High-Performance Virus Scanning Engine

Nov.
2003

Launch of Solution for Information Leakage Prevention

Awareness of the need for information protection grew among companies following the enactment of Japan’s Act on the Protection of Personal Information in 2003, along with other changes in the business environment. IWI applied its fraud detection technology to the monitoring of PC terminal operations and developed a new solution. This marked the beginning of IWI’s expansion into the information security business domain.

CWAT
Feb.
2005

Relocation of Head Office to Shinkawa, Chuo-ku, Tokyo

IWI relocated its head office to Shinkawa, Chuo-ku, Tokyo, to strengthen its business foundation. Since then, Shinkawa has remained the base of its operations.

新川移転後のオフィス外観
Mar.
2006

Development of Software to Prevent Unauthorized Terminal Connections

Jan.
2007

Development of Software for Integrated Server Log Management

Mar.
2007

Development of an Internal Control Rule Documentation Tool in Collaboration with Zacatii Consulting (currently, Fortience Consulting)

Dec.
2008

Development of a Market Data Distribution Platform

Jan.
2010

Development of Software for Protecting Important Files with Encryption and Usage Control

Apr.
2010

Becoming a Consolidated Subsidiary of Dai Nippon Printing Co., Ltd. (DNP)

Following DNP’s tender offer for IWI shares, IWI became a consolidated subsidiary of DNP.

Sep.
2010

Development of an Anti-Money Laundering System for Banks

May
2011

Development of a System for Encrypting Email Attachments

May
2013

Development of an Operation Log Management System for Thin-Client Terminals

Jun.
2013

ODNSolution Co., LTD. Becoming an Affiliate of IWI

Dec.
2013

Development of an AI Chatbot System for Websites

Mar.
2014

Development of Real-Time Data Analysis Middleware (CEP Engine)

Oct.
2016

Launch of the First ASP Service for Merchant Acquiring Operations and Start of ASP-Based Payment System Offerings

As cloud adoption accelerated across the payment industry and among customers, IWI launched its first ASP service for merchant acquiring operations and began offering its proprietary payment systems as ASP services. Building on this initial launch, IWI expanded its lineup through 2018 by successively converting its fraud detection systems and payment network connection systems into ASP services.

IOASIS
Mar.
2017

Launch of a High-Precision Document Search System Utilizing AI

Nov.
2017

Launch of an ASP Service for Fraud Detection

Mar.
2018

Launch of an ASP Service for Payment Network Connection and Switching

Jun.
2018

Transfer to the Second Section of the Tokyo Stock Exchange

Mar.
2019

Designation as a First Section Listed Company on the Tokyo Stock Exchange

Jun.
2019

Development of IP Flow Monitoring Solution and Entry into the Broadcasting Industry

IWI developed a real-time monitoring solution for packet communications in IP broadcasting in response to the broadcasting industry’s shift toward IP-based operations, combining the high-speed, large-volume data processing technologies it had cultivated in the securities systems field with FPGA technology. This marked IWI’s entry into the broadcasting industry.

Nov.
2021

Development of a Broadcasting System Orchestrator for Integrated Monitoring of Entire IP Broadcasting Systems

Apr.
2022

Transition to the Prime Market upon the restructuring of the market segment of Tokyo Stock Exchange

Oct.
2022

Development of an Integrated Analytics Solution for Media Data

Oct.
2022

Collaboration with JCB to Promote Industry-Wide Measures Against Card Fraud

Nov.
2022

Development of a Fraud Data Sharing Service Among Card Issuers with PKSHA Technology

May
2023

Launch of a Cloud-Based Version of an Information Leakage Prevention Solution

Jul.
2023

Development of a Common Purchase Point Analysis Service to Prevent the Spread of Card Information Leakage

Nov.
2023

Launch of a Japanese Proofreading Tool Utilizing AI

Nov.
2024

Expansion of JCB’s Web-Based Real-Time Fraudulent Transaction Information Sharing Service to Support Other International Brands to Strengthen Industry-Wide Measures Against Card Fraud in Collaboration with JCB

Jul.
2025

Launch of an AWS Version of IWI’s Network Connection & Authorization System

IWI launched an AWS version of its network connection & authorization system. This is expected to enhance the flexibility and scalability of payment systems.

Sep.
2025

Linkage of DNP’s Identity Authentication Service with IWI’s Card Fraud Detection System to Strengthen Fraud Prevention in Card-Not-Present Payments