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Posted June 8, 2015
Alisdair Faulkner to Speak on Mobile and Digital Payments Security and Authentication and Participate on Panel with Other Experts
The 2015 Digital Banking Summit, running from June 8-10 in Austin, Texas, covers both how banks are working to integrate digital with existing banking channels, and enhancing marketing and product-development efforts. The summit will also address the latest in mobile and tablet banking, cybersecurity, e-commerce, mobile payments and wearable computing.
Coming to the Summit
Each year, executives in digital strategy, mobile banking, online banking, security, alternative banking channels and emerging payments attend the Summit. In addition, tech developers, pushing the boundaries of innovation, will also be on-hand doing demonstrations of their products.
Alisdair Faulkner, ThreatMetrix chief products officer to speak on a layered approach to security
Faulkner will discuss ways for financial institutions to mitigate the risk of compromised credentials on mobile devices through a layered approach that includes shared actionable threat intelligence.
Faulkner will also be presenting on “Mobile and Digital Payments Security and Authentication”
During Faulkner’s part of the presentation, Tuesday, June 9 from 2:30-3:15 p.m. CDT, he’ll be discussing the benefits of using rapid security controls for mobile banking transactions to detect cyberthreats in real time to act quickly against those threats.
Presenting alongside Faulkner will be Vinay Venugopal, managing director, IT strategy and research & development, Tangerine Bank and Penny Crosman, editor in chief, Bank Technology News.
Faulkner on the growing fraud rate and sophistication of cybercriminals
“We have seen fraud in the mobile payment sector continue to rise, and the channel will continue to see more sophisticated cybercriminals targeting mobile transactions. In the current cybercrime environment, financial institutions must assume identities and devices have been compromised, due to the high volume of recent data breaches, before authenticating transactions. At the summit, I will share how financial institutions can leverage a digital identity network to quickly and accurately authenticate good users and keep out cybercriminals on mobile devices and other digital channels.”
The ThreatMetrix Digital Identity Network stops criminals in their tracks
The ThreatMetrix Digital Identity Network offers a layered approach to stop criminals in their tracks by bringing together all aspects of a person’s online devices and behavior into one unique digital identity – including email addresses, geo-locations, devices and both personal and business personas.