Welcome!

News Feed Item

Former SWIFT CEO Joins Security and Finance Experts as New Additions to miiCard Board

SWIFT, SecureWorks and Clydesdale Bank Veterans Will Help Drive Global Growth of Online Identity Service in Financial Sector

EDINBURGH, SCOTLAND -- (Marketwired) -- 01/30/14 -- Online identity proofing service miiCard announced that former SWIFT Chief Executive Officer Lázaro Campos, previous Vice President of SecureWorks Richard Lewis, and prior Clydesdale executive Kenny White have all joined the company's Board of Directors. These experienced executives will help guide miiCard as it continues to gain traction in key financial markets. Mr. White has also joined miiCard as Chief Financial Officer.

"miiCard is actively turning the tide against online identity fraud -- one of the most pressing problems facing financial technology companies today," said Mr. Campos. "I look forward to helping this bank-centric disruptive solution further advance trust online."

Identity fraud is increasing at a rapid rate because the background checks, knowledge-based assessments, and documents scans used as identity verification tools have been compromised or discourage consumers. It is estimated that ID theft costs businesses $21 billion annually in the US alone, with nearly half of these fraudulent transactions occurring online. Further, every $1 in fraud costs a business more than $3 in total losses. miiCard's patented Identity Service (IDaaS) can be deployed in just hours and reduces fraud by more than 80% within the first 30-days.

"The issue of trust and security online is an urgent and universal one as evidenced by the incredible assemblage of talented executives that have joined miiCard and its Board of Directors," said miiCard CEO James Varga. "Their experience and connections in the financial and security industries will be invaluable as we expand our identity verification platform to combat fraud around the world."

Mr. Campos has served as a senior executive in the global financial community for 25 years. Most recently, he acted as the CEO of SWIFT, the international payments body, where he also held a number of other positions over a long and successful career within the organization.

Mr. Lewis is a security industry veteran, having served as a Sales Director and then COO at managed security services firm dns Limited, and then as Vice President of SecureWorks after its acquisition of the company.

Mr. White has held a number of positions within the consulting and financial service sectors, including at Arthur Anderson, Deloitte, and most recently as Director of Finance at Clydesdale Bank. He is currently serving as CFO for miiCard.

miiCard's IDaaS helps businesses across the financial, healthcare, online recruitment, P2P and other industries verify their customers' real identities to the same level as a physical photo ID check, purely online and in just minutes. With this new level of trust, miiCard enables a range of disruptive new services while minimizing dropout, eliminating costly offline identity verification methods, and dramatically reducing fraud.

miiCard's Level of Assurance 3+ identity verification and authentication service leverages the authority and security inherent in a member's online financial accounts to prove identity to a passport or photo ID standard. The miiCard platform offers a wide range of features for financial service companies including identity proofing, personal data, strong multi-factor authentication, financial transaction data and security features available through simple API's and hosted services.

For consumers, miiCard is a global Bring Your Own Identity (BYOID) service providing the convenience, control, ease and flexibility of a single trusted identity that can be used across the web. miiCard is available in ten countries and can verify over 350 million people today.

Meet the miiCard team here: http://www.miicard.com/about-us/team-miicard.

About miiCard

miiCard is a consumer centric global online identity service (IDaaS) platform that establishes true trust online by guaranteeing an individual's identity to the level of an offline photo ID check, completely online and in just minutes. miiCard helps businesses eliminate fraud, reduce manual processing costs, and prevent high rates of dropout when offline identity checks are required. A member-driven service, based on the principles of Bring Your Own Identity, miiCard empowers consumers to proactively manage their digital identity, build trust online, and trade and transact with confidence. miiCard is available in ten countries and can verify over 350 million people today.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Press Contact:
Michael Azzano
Cosmo PR for miiCard
Email Contact
415/596-1978

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
As popularity of the smart home is growing and continues to go mainstream, technological factors play a greater role. The IoT protocol houses the interoperability battery consumption, security, and configuration of a smart home device, and it can be difficult for companies to choose the right kind for their product. For both DIY and professionally installed smart homes, developers need to consider each of these elements for their product to be successful in the market and current smart homes.
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, will go over the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, applicatio...
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, will lead you through the exciting evolution of the cloud. He'll look at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering ...
As hybrid cloud becomes the de-facto standard mode of operation for most enterprises, new challenges arise on how to efficiently and economically share data across environments. In his session at 21st Cloud Expo, Dr. Allon Cohen, VP of Product at Elastifile, will explore new techniques and best practices that help enterprise IT benefit from the advantages of hybrid cloud environments by enabling data availability for both legacy enterprise and cloud-native mission critical applications. By rev...
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp emp...
SYS-CON Events announced today that Dasher Technologies will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Dasher Technologies, Inc. ® is a premier IT solution provider that delivers expert technical resources along with trusted account executives to architect and deliver complete IT solutions and services to help our clients execute their goals, plans and objectives. Since 1999, we'v...
SYS-CON Events announced today that TidalScale, a leading provider of systems and services, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale has been involved in shaping the computing landscape. They've designed, developed and deployed some of the most important and successful systems and services in the history of the computing industry - internet, Ethernet, operating s...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant tha...
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
Infoblox delivers Actionable Network Intelligence to enterprise, government, and service provider customers around the world. They are the industry leader in DNS, DHCP, and IP address management, the category known as DDI. We empower thousands of organizations to control and secure their networks from the core-enabling them to increase efficiency and visibility, improve customer service, and meet compliance requirements.
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, will describe how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform. This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launchi...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.