FinovateSpring 2013 / ValidSoft
Presenter Profile:
How they describe themselves: As the convergence towards the smart phone crystallises, the need for the security is paramount, and telecommunications is at the core of the capability. At ValidSoft, we offer world-class telecommunications based security solutions, custom built for the new mobile landscape, and are the only software security company in the world with three European Privacy Seals. ValidSoft has the world’s only indigenous, IP based, secure multi-layer, 5-factor indigenous platform, preventing fraud before it happens and virtually eliminating very costly false-positives. At the heart of our security model is a focus on real-time “invisible” authentication and transaction verification.
How they describe their product/innovation: ValidSoft’s SMART platform caters for the disparity in mobile networks and devices, use cases and the corresponding transactional risk intrinsic in mobile payment applications. SMART achieves this by providing a layered architecture of voice and mobile network‐based security protocols and technologies, both visible and invisible, to protect mobile payment and M‐banking transactions alike.
Contacts:
Bus. Dev. & Sales: John Petersen, Global Head, Business Development,
vs-enquiries@validsoft.com
Press: Emmanuelle Filsjean, Global Head, Marketing, validsoft@fishburn-hedges.com
Website: validsoft.com
Twitter: @ValidSoft
HQ Location: London, United Kingdom
Founded: 2003
Product Demoed: SMART – Secure Mobile Architecture for Real-time Transactions
Product Launch: February 2011
- Key Executives
Patrick Carroll (Founder & CEO), John Petersen (Global Head, Business Development), Jonathan Alford (Product Development), Daniel Thornhill (Product Development), Emmanuelle Filsjean (Global Head, Marketing), Alexander Korff (Legal Counsel)
Key Stats
- Key Board Members
Phil Hickman (non-executive Chairman, ValidSoft). Mr. Hickman is also a non-executive director of Elephant Talk Communications, the parent company of ValidSoft.
- Key Advisory Board Members
Steven van der Velden (CEO, ETAK), Charles Levine, Rijkman Groenink
- Key Investors
ValidSoft is a wholly owned subsidiary of Elephant Talk Communications Group (NYSE MKT: ETAK), an international provider of business software and services to the telecommunications and financial services industry.
- Key Partnerships
ValidSoft works in close collaboration with other expert organisations and leading service providers. We acknowledge that partnership is crucial in enabling and delivering the highest level of quality of product capability and professionalism. To ensure this vision is met, ValidSoft partners and service providers are world leaders in their field.
- Key Customers
Our customers include some of the top 10 global retail banking institutions.