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Pat Carroll
Pat Carroll
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Voice, Proximity Key To Cutting
E-Payment Fraud

While we wait for EMV, US companies should lay the groundwork for strong security.

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User Rank: Apprentice
3/18/2014 | 11:27:17 PM
Re: The Tipping Point provides transaction authentication as well as application security with vocie auth, proximity, geo-fencing and a lot more. They also have step up auth and continuous authentication. 20+ patents issued.
User Rank: Apprentice
3/18/2014 | 2:05:33 PM
The Tipping Point
As expected, this was great addition to yesterday's column. Media focused around the data breaches has convinced the average Joe of the needed changes in card security protocols and portrayed EMV as an inevitable fraud solution. Your content today, however, is the marketing message that needs to be conveyed to consumers. A complete leap-frog of EMV implementation is not likely, but at the very least, contactless technology can run beside it (and over time EMV can be retired alongside Windows 95 and cassette tapes). As mentioned, setting up multi-layer fraud protection with biometrics and proximity correlation will eventually cause a tipping point without sacrificing convenience for security.
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