FinovateEurope 2012 / ValidSoft

Presenter Profile:

How they describe themselves: All of ValidSoft’s products are based on telecommunications. ValidSoft’s vision from the outset was that mobile/smart phones would become the consumer device of choice. The team of people we brought together at that time helped to build on that vision, and there is nothing that mobile phones, cellphones, or smartphones cannot do today to displace the whole plethora of security devices we have to carry today to prove our identity.

How they describe their product/innovation: Our product can protect M-banking transactions from all of the attacks that affect Internet banking today, while using out-of-band, real-time voice based authentication, and transaction verification. A smart phone contains multiple channels, both voice and data. Therefore the concept of channel separation, critical for the detection of manipulated transactions caused by Man-in-the-Mobile-Browser or phone resident Trojans, is fully supported.

Our product as used for Online Banking, with all the same visible and invisible protection, including Pseudo Device Theft, is configured specifically for mobile banking usage. This means no keying of OTPs into the phone, and even a completely hands-free model using speech recognition if required. Biometric voice verification can also be layered for even greater security. Our product combines usability, portability, and security that will drive the adoption of M-banking.


Bus. Dev., Sales: John Petersen, Global Head of Business Development,
Press, Sales: Emmanuelle Filsjean, Global Head of Marketing,

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