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
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
"Codigm is based on the cloud and we are here to explore marketing opportunities in America. Our mission is to make an ecosystem of the SW environment that anyone can understand, learn, teach, and develop the SW on the cloud," explained Sung Tae Ryu, CEO of Codigm, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, discussed how by using ne...
"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketing and Strategy at CA Technologies, in this SYS-CON.tv interview at DevOps Summit at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"We're developing a software that is based on the cloud environment and we are providing those services to corporations and the general public," explained Seungmin Kim, CEO/CTO of SM Systems Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.