FinovateStartup 2008 – TrustedID

FinovateStartup 2008 – TrustedID

How they describe themselves: TrustedID offers the most proactive, secure and comprehensive products available to prevent identity theft. TrustedID’s flagship product, IDFreeze, gives consumers 13 different methods to protect against identity theft including: fraud flag placement, identity scanning, opt-out from pre-approved credit card offers, identity theft restoration services and a $1,000,000 warranty against losses from identity theft. Recently, Suze Orman, America’s foremost financial expert, endorsed TrustedID through the launch of a jointly developed product, Suze Orman’s Identity Theft Kit, which set a record for the fastest selling identity theft product ever introduced. TrustedID is privately held and venture-funded.

What they think makes them better: TrustedID offers the most comprehensive and secure protection available in the market today. The differentiation is highlighted in our flagship product’s 13 areas of protection, more than three times the number of features protecting our competitions’ customers. TrustedID is the only company offering features such as whole family protection with a single product, credit freeze and medical record protection

Contacts:

Business Dev. & Sales: Joe Digiovanni, 650-631-2373
Press: Lyn Chitow Oakes, CMO, 650-631-2379

FinovateStartup 2008 – Tyfone

FinovateStartup 2008 – Tyfone

How they describe themselves: Tyfone’s unified technology platform enables 2-way, end-to-end secure communications for mobile banking, contactless payments, and retail merchant services. The bank-branded, patented memory card mobile solution is carrier agnostic. The bank controls the transaction, the content, its customer relationships, and owns the mobile channel, providing the lowest total cost of ownership. Tyfone integrated a secure element into its memory card with a contactless payments chip and antenna. Tyfone’s solution supports non-memory card functions: account activation, FFIEC-compliant, multi-factor user authentication, cryptography key storage, and secure payments. Communication connectivity is consumer-driven via text messaging or data service.

What they think makes them better: Tyfone’s solution has a significant differentiator – a memory card, enabling up to NIST level 4 (internet banking is NIST level 2.5), no SIM necessary, and contactless payments from one expert source for everything in mobile. No other provider offers this level security for mobile without operator disintermediation. It works with existing NFC merchant terminals (no merchant investment required), without a network connection or change in the handset technology. Tyfone offers a downloadable application, mobile browsing, and SMS, in one platform. Contactless payments must have an application on the device, provisioned Over-the-Air or from a memory card. Browser-only solutions cannot match this.

Contacts:

Bus. Dev.: Mike Feliciano, Senior Vice President, [email protected]
Press: Carol Grunberg, Director of Marketing, [email protected], 503-546-9364
Sales: Robert Joseph, Tyfone Sales, US, 503-226-3939