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Pat Carroll

Founder/Executive Chairman
ValidSoft
Member since
17 Mar 2011
Location
London
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Followed by John Sims, Martha Boyle and 5 others you follow
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Pat's opinions

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Pat Carroll

How do we achieve 'The Holy Grail' in contactless payments?

Hot on the back of the recent news of Europe’s largest department store group El Corte Inglés taking the plunge towards contactless, yesterday’s Finextra report highlights new figures from WorldPay showing that contactless payments in the UK are rocketing, with 226% more contactless transactions compared to this time last year. This is yet furthe...

28 February 2014 /payments Innovation in Financial Services

Pat Carroll

Malware , the Achilles Heel of Mobile Adoption

Malware is hitting mobile like nobody’s business. It is a sad fact of life - hackers, fraudsters, cyber-criminals and the like will never go away and will evolve and adapt as our payment landscape evolves too. The real question is whether we have the tools to counter those malware attacks so our customers can securely do their business on their mo...

30 January 2014 /payments Innovation in Financial Services

Pat Carroll

Customer Experience vs Strong Security: What's the Answer?

It’s good to see the Bank of Scotland focussing on the mobile customer experience. Clearly they see this as a significant competitive advantage, and promoting it as such, whilst also highlighting the security features of their approach. With mobile, streamlining the login process, enrolment and activation is key if banking apps and wallets are to ...

28 January 2014 /payments Innovation in Financial Services

Pat Carroll

Predictions for 2014: Voice Biometrics Go Mainstream? Part 2

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 Biometrics is a tremendously powerful, intuitive technology that can be implemented in a low-friction and invisible manner and provide very strong se...

24 January 2014 /security Innovation in Financial Services

Pat Carroll

Our Predictions for 2014: Who Will Dominate? Part 1

Unfortunately, it’s not going to be plain sailing on the security front in 2014. It’s a bit like Friday 13th. Many folk say that Friday 13th is not their unlucky day at all, it’s Saturday 14th they worry about! And believe me, we do have a lot to worry about. So, what am I concerned about? And is there any good news for 2014? Well, the answer to t...

20 January 2014 /security Information Security

Pat Carroll

Ignorance is folly when 'tis bliss to be wise!

This itnews.com article sheds a different and interesting light on the methods now being deployed by the fraudsters. Basically these latest tactics are designed specifically to outwit the Risk Engines. Risk Engines work on the principle that if a transaction seems “normal” the risk engine will generally approve the transaction. Of course there

10 January 2014 /security Innovation in Financial Services

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Pat writes about

  • security
  • payments
  • regulation & compliance
  • retail banking

Pat's opinion archive

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