ThreatMetrix to Speak on Mobile and Digital Payments Security and Authentication at 2015 Digital Banking Summit
Posted June 8, 2015
Alisdair Faulkner, ThreatMetrix Chief Products Officer, to Participate in Panel Discussion with Industry Experts
San Jose, CA – June 8, 2015 – ThreatMetrix®, the fastest-growing provider of context-based security and advanced fraud prevention solutions, today announced that Alisdair Faulkner, chief products officer, will speak on a panel at the 2015 Digital Banking Summit, June 8-10, in Austin, Texas. Faulkner will discuss solutions for banking institutions to leverage a multi-layered approach to prevent mobile fraud.
Attendees of the Digital Banking Summit 2015 will get a better idea of how banks are working to integrate digital with existing banking channels, and how they’re enhancing their 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. Executives working in digital strategy, mobile banking, online banking, security as well as alternative banking channels and emerging payments attend the event annually. Tech developers pushing the boundaries of innovation will also be on hand to demonstrate their products.
Faulkner will present on a panel on “Mobile and Digital Payments Security and Authentication.” The presentation will take place on Tuesday, June 9 from 2:30-3:15 p.m. CDT. 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. During Faulkner’s portion of the presentation, attendees will learn about the benefits of using rapid security controls for mobile banking transactions to detect cyber threats in real time and act quickly to protect against them.
“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,” said Faulkner. “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.”
In order for financial institutions to evaluate digital identities and identify cybercriminals in real time, the ThreatMetrix Digital Identity Network offers a layered approach to stop criminals in their tracks. Faulkner will discuss several ways for financial institutions to mitigate the core risk of compromised credentials on mobile devices by using a layered approach, including the importance of understanding shared intelligence so companies can look beyond their firewall to share actionable threat intelligence. The ThreatMetrix Digital Identity Network brings 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.
- Press Release: ThreatMetrix Announces World’s Largest Digital Identity Network at RSA Conference
- Press Release: Following FFIEC Statements on Compromised Credentials and Destructive Malware, ThreatMetrix Outlines Authentication Strategies for Financial Institutions
- eBook: ThreatMetrix Cybercrime Report: Q1 2015
ThreatMetrix builds trust on the Internet by offering market-leading advanced fraud prevention and frictionless context-based security solutions leveraging a global shared digital identity network and real-time, customer-driven analytics platform. These solutions help customers differentiate between trusted users and potential fraud resulting in reduced friction, incremental revenue and lower fraud and operational costs.
ThreatMetrix secures customers against account takeover, payment fraud, fraudulent account registrations resulting from malware, and data breaches. Underpinning the solution is the ThreatMetrix Digital Identity Network, which analyzes more than one billion monthly transactions and protects more than 250 million active user accounts across 3,000 customers and 15,000 websites and mobile applications. ThreatMetrix is deployed by industry leaders across financial services, e-commerce, payments, social networks, government and insurance.
For more information, visit www.threatmetrix.com or call 1-408-200-5755.
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