James Stickland

James Stickland

CEO at Veridium
Message Message me Posts: 15 Comments: 3
Bio As CEO of Veridium, James is tasked with driving business revenue and investment growth, as well as leading the company's global go-to-market strategy for its flagship solution, VeridiumID. Career History James comes to Veridium from the UK-based fintech firm Red Deer Systems. Previously, he held senior leadership roles at HSBC, JP Morgan Chase and CISCO SYSTEMS, where he specialized in expanding a pipeline of venture capital and accelerating innovation within emerging technology portfolios.



Passwordfree vs. passwordless authentication: the vital differences

15 Oct 2019

Not only do people not like using passwords, but there’s consensus in the identity and access management space that they are not the most secure way to protect data. Look at this year’s Verizon Data Investigations Breach Report, which found that 32 percent of the nearly 42,000 security incidents covered in the report involved phishing and 29 perce...


Banking Regulations

Financial sector granted life-line extension to PSD2’s Strong Customer Authentication

17 Sep 2019

Regulators put little trust in the strength of the current payment authentication system and rightly so, as fraud levels have hit an all-time high. In the last year, over 2.6 million UK accounts have been defrauded and of those fraud cases 76 per cent were remote purchases. It is estimated that overall, Europe suffers from a staggering €1.3 billio...


Using Regulations to Boost Your Business

15 Feb 2019

Regulations and mandates often strike fear in C-suites and compliance managers, as they automatically gravitate toward how these could restrict them or hold back their business. Focusing on the punitive measures that accompany regulations, however, prevents organizations from realizing that compliance can help enterprise’s reach new customers, und...


Strengthening Financial Security with Biometrics

20 Dec 2018

Technology is evolving faster than ever, sprouting new business models and paving the way for the rise of fintech companies like Robinhood, PayPal and Coinbase. In addition to disruptions to traditional business models, emerging technologies are also optimizing the way traditional work gets done. One trend that’s gaining particular traction in f

James is Commenting on

Biometrics Swiftly Becoming the Global Standard for Payments

  Hi Paul, Thanks for the comment. We are on the same page with ecommerce being the biggest growth area for frictionless payments. Clearly, shopping for goods and services experience is changing and regions need to react. Using biometrics for payments can enhance the user experience, eliminate fraud, and accelerate transaction speeds without the associated complexity of other deployments. Consumers are beginning to expect more from an in-store shopping experience, and smart regions and markets now have an opportunity to get ahead of the curve. Secondly, I understand your point of not seeing the demise of chip and PIN in Europe. However, from a global perspective, frictionless payments using biometrics are the future. There is no doubt that people are in support of frictionless payments using biometric-enabled technologies and currencies. While some areas may be adopting quicker, it is the future of payments. Looking forward, I see cards and biometrics co-existing, and biometric point-of-sale will grow in parallel. The necessity to adapt to this will force many markets into action, and as mobile payments adoption continues to grow around the world, it will hopefully be easier for other regions to utilize and improve upon. In a world plagued with checkout abandonment and fraud, companies will want to manage these risks – and fast! The solution is the demise of cash and the rise of mobile payments, which create a seamless shopping experience as they allow in-aisle payments and order-ahead functionality. This removes the need to use cash, reducing drop out, and increasing margins. Moreover, mobile apps enable customers to easily pay with a combination of credit, points, and coupons at the touch of a button, ultimately decreasing fraud rates by eliminating the need for customers to use their cards.