11 February 2016
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Pat CarrollValidSoft - London

Predictions for 2014: Voice Biometrics Go Mainstream? Part 2

24 January 2014  |  2866 views  |  0  |  Recommends 0

2014 will also see Voice Biometrics becoming mainstream. Apple have paved the way for biometrics to be adopted in a mainstream manner with the introduction of fingerprint readers on the iPhone. Voice ...

TagsSecurityMobile & onlineGroupInnovation in Financial Services
Pat CarrollValidSoft - London

Target breach is bad news for the industry

30 December 2013  |  2815 views  |  0  |  Recommends 0

Once again we are sadly reminded of the vulnerability of businesses to data breaches, and we are left with 40 million customers fearing that their credit cards will be hijacked by fraudsters just in t...

TagsCardsSecurityGroupInnovation in Financial Services
Pat CarrollValidSoft - London

Finding security in digital currencies

18 December 2013  |  2810 views  |  0  |  Recommends 0

Digital currencies such as Bitcoin have been capturing the attention of the world’s financial and technology press for some time, both in a positive and negative manner. Digital currencies are here t...

TagsSecurityPaymentsGroupInnovation in Financial Services
Pat CarrollValidSoft - London

ECB moves to securing mobile payments

10 December 2013  |  3143 views  |  0  |  Recommends 0

The ECB published its recommendations for the security of mobile payments last week last week. Although unrelated, this latest set of recommendations shows how Governments and Central Banks (US Federa...

TagsSecurityMobile & onlineGroupInnovation in Financial Services
Pat CarrollValidSoft - London

Brett King Raises an Interesting Point...

10 December 2013  |  1575 views  |  1  |  Recommends 0

Brett King’s recent article on ‘Banking’s new playground’ raises some interesting points as to ‘how Africa will show the way’. Smart phone penetration in Africa is currently less than 15% and projec...

TagsMobile & onlinePaymentsGroupInnovation in Financial Services
Pat CarrollValidSoft - London

Slowly but surely, SIM Swapping is moving up the fraud chain

03 June 2013  |  5046 views  |  0  |  Recommends 0

I am still finding it hard to meet industry people who know much about SIM Swap fraud. The latest report on the ABSA and MTN initiative shows the urgency of getting to grips with this insidious and no...

TagsSecurityMobile & onlineGroupInnovation in Financial Services
Pat CarrollValidSoft - London

Latest ATM Fraud: another 45 million reasons for change

17 May 2013  |  4692 views  |  2  |  Recommends 0

Once again we have been reminded of the vulnerability of financial institutions to credit card fraud. Last week we saw the news that a large gang of thieves (a number of whom have just been arrested ...

TagsCardsSecurityGroupDisruption in Retail Banking
Pat CarrollValidSoft - London

Can voice biometrics help banks restore consumer faith?

10 April 2013  |  5635 views  |  1  |  Recommends 0

This survey from Avaya and Sabio caught my eye recently as it shows how concerned consumers are about data privacy and security. And it is an unfortunate fact that financial institutions are the ones ...

TagsSecurityMobile & onlineGroupDisruption in Retail Banking
Pat CarrollValidSoft - London

Why has Eurograbber been able to do the damage it has?

10 December 2012  |  4575 views  |  0  |  Recommends 0

Eurograbber, a Trojan that transfers itself from a user’s PC to their mobile phone has come to light, reportedly having so far defrauded banking customers out of over €36m. The simple reason for this ...

TagsSecurityMobile & onlineGroupInnovation in Financial Services
Pat CarrollValidSoft - London

ID Theft is number 1 security concern for consumers

21 October 2012  |  5026 views  |  1  |  Recommends 0

This week ACI Worldwide released their global survey which finds that a quarter of people across the 17 countries reviewed have been affected by card fraud during the past five years. In particular, ...

TagsSecurityPaymentsGroupInnovation in Financial Services
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