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Truphone Helps Banks Stay Compliant with its Mobile Recording Technology

This post is part of our live coverage of FinovateEurope 2014.

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Afterwards, Truphone demonstrated how its Mobile Recording technology helps banks stay compliant:
“The Dodd-Frank Act poses banking technologists with a technical and compliance problem. They must record all mobile phone communications relevant to a trade. Today, most banks do not record mobile devices, they fall outside of their technology stack. Communication is invisible; and that’s why the regulation now exists. 
With Truphone Mobile Recording, businesses record, encrypt and store their mobile calls and text messages, simply and securely – without changing the user experience. Truphone Mobile Recording is available as a secure hosted solution, or can be integrated with existing recording equipment.”
Presenting Paul Liesching (SVP Mobile Recording) and Tom King (Enterprise Account Manager)
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Product Launch: September 2013 (USA), UK Launch November 2011
Metrics: Raised over £200M, circa 700 employees in ten offices across four continents, counts 3 of the top 5 banks in the world as customers, plus many of the FTSE 100 and Fortune 1000.
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms
HQ: London, UK
Founded: June 2006
Website: truphone.com
Twitter: @Truphone