FinovateFall 2012 Video Archives >> ValidSoft


Website: www.validsoft.com
Blog: www.finextra.com/community/blogs.aspx?MemberID=53952
Twitter: @ValidSoft
HQ Location: London, UK
Company Founded: 2003
Product Being Demoed: SMART – Secure Mobile Architecture for Real-time Transactions
Product Launched: January 2012
Metrics: ValidSoft has 20 employees, most of them working out the London office




Presenter Profile How they describe themselves: ValidSoft is the world’s leading provider of telecommunications-based authentication and transaction verification solutions for financial services and governments. As the banking and payments world begins to converge onto smart telecommunications-based devices, our integrated security platform, built solely on a real-time zero client-footprint model, allows to leverage these convergence devices to provide visible and invisible security layers for all transaction channels whilst also providing protection where the device itself is the channel. This integrated platform uses proprietary technologies including Out-of-Band authentication and transaction verification, Proximity Correlation Logic, Pseudo Device Theft detection and biometric voice verification, allowing organizations to protect all of their customer transaction channels within a single platform.

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.

Key Executives: Patrick Carroll (CEO/Founder), John Petersen (Global Head of Business Development), Emmanuelle Filsjean (Global Head of Marketing), Daniel Thornhill (Product Development Manager), Jon Alford (Product Development Manager)

Key Board Members: Phil Hickman (Former HSBC)

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 Advisory Board Members: Steven van der Velden (CEO, ETAK), Charles Levine, Rijkman Groenink

Key Partnerships: ValidSoft works in close collaboration with other expert organizations and leading service providers, including Adeptra, Utiba, Spindle and SOCURE
 
Contacts:
Bus. Dev. & Sales: John Petersen, Global Head of Business Development, john.petersen@validsoft.com, +44 (0) 20 3170 8127
Press: Emmanuelle Filsjean, Global Head of Marketing, emmanuelle.filsjean@validsoft.com, +44 (0) 20 3170 8199

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