Chirag Bakshi

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As we continue to work with global companies focused on everything mobile, one thing is clear - the mobile space is changing rapidly and with that comes opportunity for security attacks and identity theft. We are committed to delivering the best-of-breed mobile identity and mobile location-based transaction authentication solutions for retail merchants, financial institutions, wireless carriers and device manufacturers. For 2015 we see the following trends emerge in the mobile payments arena. These are outlined below: Retailers will adopt device identity to reduce fraudulent online transactions. By verifying the ownership data of a mobile phone against the transaction information, merchants can quickly confirm valid credentials. Retailers will adopt mobile device location to reduce location spoofing transactions utilizing stolen card data. Recent data breaches have... (more)