This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ValidSoft To Demonstrate SMART At FinovateSpring 2013 In San Francisco

SAN FRANCISCO, May 15, 2013 /PRNewswire/ -- ValidSoft (, a global supplier of advanced telecommunications-based fraud prevention, authentication and transaction verification solutions, and a wholly-owned subsidiary of Elephant Talk Communications Corp. (NYSE MKT: ETAK), will demonstrate its award-winning technology in front of an expert audience of over 1,000 people at one of the most highly-respected financial innovation conferences globally.



FinovateSpring 2013 takes place in San Francisco on May 14 and 15 and aims to showcase the best innovations in financial and banking technology from a mixture of both leading established companies and startups. The event's signature, live demonstration-only format will see over 60 companies each having 7 minutes on stage to demonstrate their latest innovations. The event attracts a high-calibre audience that includes leading financial executives, venture capitalists, press, industry analysts, bloggers, and fintech entrepreneurs looking to foresee future trends and technologies within the financial services and payments industry.

As one of the very few security vendors chosen to participate this year, ValidSoft will be showcasing a unique, low-friction means of securing a mobile wallet application through its SMART™ platform. Its demonstration is on 15 May at around 2pm (PDT) and will be streamed through the Finovate website for those who can't attend.

CEO of ValidSoft, Pat Carroll , comments : "Innovation continues to develop at a rapid pace across all forms of mobile payments, and use of smart-phones for banking and payments is growing at a yearly rate of nearly 53%. (World Payments Report 2012: "Analysts believe the number of payments using mobile devices could grow by 52.7% a year to reach 17bn in 2013".) As a result, the need for a secure and yet frictionless means of verifying and authenticating transactions becomes paramount, both to combat fraud while at the same time safeguarding the privacy of consumers."

"If analyst predictions on the growth of mobile payments are to be realized, banks and mobile payment providers need to take a holistic approach to security and think about including it 'by design', rather than as a point solution. Telecommunications – and specifically a mobile-based solution – is key to combating the threat, and ValidSoft is uniquely positioned to bring the power of mobile-centric technology to the world of mobile banking and payments."

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs