Contact Us

Payfone to Present at Investor Conferences Hosted by Pacific Crest, Barclays and AGC Partners

 

Payfone Executives to Highlight Identity Certainty Platform and Success in Advanced Mobile Security

Payfone, the creator of Identity Certainty, today announced that company executives have been invited to present at three upcoming conferences connecting the creators of today’s most promising emerging technologies with key investors.

10th Annual Pacific Crest Emerging Technologies Summit – Tuesday, March 3, 2015

Kristin McClement, VP of Strategic Partnerships, will present at the 10th Annual Pacific Crest Emerging Technologies Summit. The event serves as a forum for introducing Pacific Crest’s investment banking clients to the latest developments in high-growth technology areas including mobility, software-as-a-service, cloud and big data.

Barclays Emerging Payments Forum – Monday, March 23, 2015

Mike Ragunas, Payfone’s Chief Technology Officer, will be participate in Barclays Emerging Payments Forum in New York. The annual forum brings together decision makers and stakeholders from financial institutions and technology companies engaged in creating the next generation of secure and agile payment methods.

AGC Partners 11th Annual West Coast Information Security and Technology Growth Conference – Monday, April 20, 2015

Rodger Desai, Payfone CEO, will participate in AGC Partners 11th Annual West Coast Information Security and Technology Growth Conference in San Francisco. Held in close proximity to the annual RSA Conference, the invite-only event aims to gather insights from today’s top security practitioners in both the private and public sector.

Payfone’s participation in these events will help to educate investors on the value of its Identity Certainty Platform. Through strategic relationships with the top Mobile Network Operators, Payfone has been able to create an unprecedented level of trust for every industry in mobile.

About Payfone

Payfone is a leader in Identity Certainty. Payfone’s suite of network authentication services provides unparalleled mobile security while eliminating friction from the customer experience. The company is backed by leading venture firms, financial institutions and Mobile Network Operators and is based in New York. Follow Payfone on Twitter @payfone.

Payfone Shares Expertise On Mobile Identity At Mobile World Congress

 

CEO Rodger Desai Joins Distinguished Panel Exploring Developments and Innovations in Mobile Identity

Payfone, the creator of Identity Certainty, today announced that CEO Rodger Desai will participate in a “Spotlight on Mobile Identity Solutions: Developments & Innovations” session at Mobile World Congress. The panel will discuss the latest developments and innovations in mobile identity solutions and the growing demand across financial services and enterprise applications for resolutions to mobile fraud.

Payfone’s mission is to create an unprecedented level of trust in mobile. The platform is the first to extend and enrich the mobile security used by Mobile Network Operators to protect their mobile networks to business. Payfone Identity Certainty provides a Trusted Mobile Identity that enables businesses to create secure, frictionless and personal mobile experiences for their consumers and employees.

“With the continuous increase in data breaches and evolution of fraud, financial services have an acute need for solutions to confirm identity on a mobile device,” said Payfone CEO Rodger Desai. “What’s unique about Payfone’s approach is our ability to leverage the inherent identity within the mobile network. As more consumers move to mobile, addressing mobile security will determine which businesses keep or lose their customers.”

Mobile World Congress is the world’s largest annual gathering of mobile and related industry C-Level executives. As part of the “Spotlight on Mobile Identity Solutions: Developments & Innovations” panel, Desai will discuss Payfone’s approach to mobile identity and the challenges associated with mobile fraud.

Panel Details:

What: “Spotlight on Mobile Identity Solutions: Developments & Innovations” Session

Who: Payfone CEO, Rodger Desai; Early Warning Direct Product Management Betty Chan-Bauza; UK Cabinet Office Deputy Director of Government Digital Service Chris Ferguson; Telenor Digital COO and SVP Sven Stormer Thaulow; Nok Nok Labs VP Products Rajiv Dholakia; TeleSign Co-Founder and VP Product Strategy Stacy Stubblefield; Consult Hyperion Director Dave Birch

When: Monday, March 2, 2015 from 2:00 – 3:30 CET

Where: Hall 4 Auditorium 3, Fira Gran Via, Av. Joan Carles I, 64 08908 L’Hospitalet de Llobregat, Barcelona, Spain

About Payfone

Payfone is a leader in Identity Certainty. Payfone’s suite of network authentication services provides unparalleled mobile security while eliminating friction from the customer experience. The company is backed by leading venture firms, financial institutions and Mobile Network Operators and is based in New York. Follow Payfone on Twitter @payfone.

Payfone’s Identity Certainty Addresses the Leading Cause of Cybercrime – The Human Dependency

 

As part of its mission to add trust to each and every mobile experience, Payfone launched its new flagship platform, Identity Certainty.  The platform is the first to extend and enrich the security used by Mobile Network Operators to protect their mobile networks to business.  Payfone Identity Certainty provides a Trusted Mobile Identity that enables businesses to create secure, frictionless and personal mobile experiences for their consumers and employees.

Trust in Mobile Starts with Mobile Banking

Prior to extending Identity Certainty to businesses, Payfone and Early Warning, a leader in collaborative risk solutions and owned by the largest and most respected financial institutions in the U.S., established a strategic relationship to provide secure mobile authentication services to facilitate more trusted digital banking experiences. Through this alignment, the financial services industry has now adopted new mobile solutions that overcome the limitations of PC era authentication tools such as usernames and passwords, knowledge-based authentication (KBA) and one—time SMS password.

“With the largest financial institutions in the world now relying on solutions powered by the Identity Certainty platform, Payfone is taking key learnings and expanding to secure more interactions in more places across mobile apps and the mobile Web,” said Rodger Desai, Payfone CEO. “With the increasing velocity and sophistication of mobile cybercrime matching and even outpacing the individual’s shift to mobile – the stakes have never been higher for businesses to succeed in creating confidence in mobile.”

How it Works: Identity Certainty is in the Network

Payfone’s new Identity Certainty platform is the culmination of expertise gained from strategic relationships with the Top Mobile Network Operators, US financial institutions and experience from real world testing with some of the largest businesses in the world.

Payfone’s Identity Certainty platform has more than 300M mobile identities under management, adding trust to each mobile identity through the application of the Payfone Signature (known in the financial services industry as The Early Warning Mobile Identifier), a deterministic, revocable mobile ID that persists more than 400+ different kinds of lifecycle events.  Each day, Payfone processes over 8 million of these events across Mobile Network Operators that range from phone upgrades, changes in phone numbers, reporting a lost or stolen phone to the porting of service to a new Mobile Network Operator, ensuring that each mobile identity can be trusted.

More importantly, with a simple call or visit to an individual’s Mobile Network Operator to report a mobile device lost, stolen or replaced, the Payfone Signature is automatically revoked (aka the “Kill Switch”), terminating access to apps and services in real-time on the individual device.  The “Kill Switch” is a fail-safe measure that safeguards intellectual property, sensitive information and, most importantly, a business’s employees and consumers.

“Identity Certainty is in the proverbial drinking water, with an always-on, invisible layer of protection that requires no downloads or changes to an individual’s daily behavior,” said Aaron Bartrim, Early Warning’s Chief Technology Officer.  “The elegance of Payfone’s Identity Certainty platform is its simplicity, shaping mobile security to the consumer, adapting to existing human behavior, especially when they need it the most.”

The Power of Identity: Identity Certainty Unbound

The Mobile Economy will evolve towards a user centric world and its heart will be the mobile device.  Mobile devices are fast becoming a personalized lens to the world for the individual, a conduit for Trusted Mobile Identity, the currency of the Mobile Economy, sought by all, but held by a few.

As new mobile services like mobile wallets emerge, the value of Trusted Mobile Identity has never been clearer.  Despite the added layers of security ranging from secure elements to biometrics, mobile wallets are still susceptible to fraud during the time a credit card is first added by an individual.

Due to ease of acquiring usernames, passwords, and credit card numbers from the myriad of data breaches and phishing scams, cyber criminals can utilize these stolen identities to set up false mobile wallet accounts, shifting the burden to confirm you are who say you are from the mobile wallet provider back to card issuers.   As a consequence, card issuers are now requiring individuals to confirm you are who you say you are, adding another opportunity for fraud to occur.

Leveraging the inherent nature of identity built into mobile networks via the SIM card, Payfone removes the human dependency from the equation with Trusted Mobile Identity.

Whether it’s balancing the security concerns of the employer with the productivity gains of employees using their own devices at work (BYOD) or confirming you are who say you are when scheduling a car to making a purchase at the very moment that inspiration hits, Payfone’s Identity Certainty will be available to more organizations that seek to the protect their business by protecting their employees and customers.

About Payfone

Payfone is the leader in Identity Certainty.  Payfone’s suite of network authentication services provides unparalleled mobile security while eliminating friction from the customer experience.  The company is backed by leading venture firms, financial institutions and Mobile Network Operators and is based in New York.  Follow Payfone on Twitter @payfone.

About Early Warning

For more than 20 years, Early Warning has worked with financial services organizations of all sizes as well as government entities to advance collaborative risk management as well as improve customer service and operational efficiencies. For more information, visit www.earlywarning.com

Payfone Named Best in Show in Third Annual Fierce Innovation Awards: Telecom Edition

 

Payfone Honored as Best Revenue Creator and Enhancer for Mobile Network Operators, Payfone Signature Wins Conditional Access, Digital Rights Management and Authentication Award

Payfone, the creator of identity certainty and secure mobile authentication, today achieved recognition in the 2014 Fierce Innovation: Telecom Edition Awards.  Payfone has been selected as “Best Revenue Creator/Enhancer” for Mobile Network Operators, earning it the distinction of “Best in Show” among 200+ applicants considered.  Payfone Signature, a core feature of the Identity Certainty platform, the only mobile ID that is deterministic, revocable and persistent through 400+ life cycle events across the Top Mobile Network Operators, won in the “Conditional Access, Digital Rights Management and Authentication” category, and the Payfone Mobile Identity Certainty Platform was named a finalist in “Network & Device Security.”

“Best in Show”

As a “Best in Show” winner, Payfone provided an overview during a live awards webcast of how Payfone’s Identity Certainty enriches and extends Mobile Network Operator security to businesses, providing the same level of mobile security that underwrites over $1 trillion in transactions across mobile networks annually – integrating the assets of the top Mobile Network Operators into singular solutions that businesses ranging from banking, enterprise, retail, advertising, healthcare, and Internet of Things to media and entertainment desperately seek.

“FierceMarkets’ recognition of Payfone today reflects the fact that Identity Certainty is of fundamental importance to the identity economy,” said Payfone CEO Rodger Desai.  “As more consumers shift to mobile, business as usual will no longer work.  Payfone equips businesses with trusted mobile identity necessary for today’s customer centric world.”

The Fierce Innovation: Telecom Edition Awards were judged by a panel that included leading Mobile Network Operator representatives Cameron Coursey, VP of Product Development at AT&T, Sprint’s VP of Technology Ron Marquardt and Dan Murphy, Director of the Verizon Innovation Program. All winners were announced via webcast on Nov. 12, 2014.

About Payfone

Payfone is a leader in Identity Certainty.  Payfone’s suite of network authentication services provides unparalleled mobile security while eliminating friction from the customer experience.  The company is backed by leading venture firms, financial institutions and Mobile Network Operators and is based in New York.  Follow Payfone on Twitter @payfone.

About FierceMarkets

FierceMarkets, a wholly owned subsidiary of Questex Media Group, is a leader in B2B emedia, providing information and marketing services in the telecommunications, life sciences, healthcare, IT, energy, government, finance, and retail industries through its portfolio of email newsletters, websites, webinars and live events.  Every business day, FierceMarkets’ wide array of publications reaches more than 1.3 million executives in more than 100 countries.

It’s Not Just What you Know But Who You Are– Payfone Brings the Power of Identity to Money 20/20

 

Company executives highlight mobile identity and security as key drivers for future of payments and financial services

Payfone, the leader in identity certainty and secure mobile authentication, today announced that CEO and founder, Rodger Desai, is presenting on a panel, “Mobile Identity & Security” at the sold out Money 20/20 conference.
The panel will take place on Tuesday, November 4 from 5:10 to 5:55 p.m. PT in Juniper 4, Level 3 of the Aria Resort and Casino.

Desai will discuss how the greater share of payments and financial services taking place in an omnichannel environment requires mobile identity and security to be a core consideration in deploying the next generation of payment technologies and mobile commerce.

Payfone’s Chief Client Officer, Kristin McClement, also spoke at the conference to a full house on why leading payment and financial institutions must turn to tokenization to secure future transactions. “It’s never been more apparent that identity certainty is a requirement for the long term viability of tokenization,” commented McClement. “Our session included MasterCard, Bank of America and others on one stage speaking to the necessity of industry change.”

To learn more, visit Payfone’s booth at Money 20/20, located next to registration.

About Payfone

Payfone is a leader in secure mobile authentication. Payfone’s suite of network authentication services provides unparalleled mobile security while eliminating friction from the customer experience. The company is backed by leading venture firms, financial institutions and wireless carriers and is based in New York. Follow Payfone on Twitter @payfone.

Payfone Announces Signature Mobile Experiences

With a new standard in Mobile Identity Authentication enabled by Payfone’s deep integration with Mobile Network Operators, Payfone announced today the release of the new Mobile Identity as an Experience Platform, opening a whole new world of opportunity for businesses to create breakthrough experiences for both employees and their customers.

Businesses can now shift their thinking from access restriction to service enablement through the ability to:

  • Silently verify Mobile Identity at each customer touch point;
  • Maintain that Mobile Identity through 400+ different lifecycle events to create Signature Experiences whether it’s expedited access to vital information or recognizing that your most valuable customer has just walked in, each and every time they walk in;
  • And now, automatically terminate access when a mobile device is reported lost or stolen to their Mobile Network Operator through the New Mobile Kill Switch–a real time fail-safe measure that safeguards intellectual property, sensitive information, and most importantly, a business and its customer’s reputation;

Payfone’s Mobile Identity as an Experience Platform is a first-of-its-kind integration of data assets, access to Tier 1 Mobile Network Operators, global telecom networks, end-user consent management, and regulatory compliance – offered to businesses and developers – all through one API.

Trusted by both Mobile Network Operators and Banks, Payfone’s new Mobile Identity as an Experience Platform removes the friction at each step; providing the perfect balance between convenience and security.

Payfone has reinvented Mobile. Again.

About Payfone

Payfone is a leader in secure mobile authentication. Payfone’s suite of network authentication services provides unparalleled mobile security while eliminating friction from the customer experience. The company is backed by leading venture firms, financial institutions and wireless carriers and is based in New York. Follow Payfone on Twitter @payfone.