http://www.AlphaPoint.com. About IdentityMind Global IdentityMind Global provides risk management and regulatory compliance solutions for the ecommerce ecosystem. Their Fraud Prevention and Risk Management Platform provides financial institutions and online merchants with real-time capabilities to effectively address the operational challenges of conducting financial and payment transactions online. IdentityMind delivers integrated Fraud Prevention, Anti Money Laundering (AML), Know Your Customer (KYC), Merchant Underwriting and Transaction Monitoring. IdentityMind’s patent-pending technology Electronic DNA (eDNA™) recognizes identities based on electronic attributes and how these attributes are validated and correlated against each other. Our Platform shares eDNA™ across all our clients so they can all benefit while keeping identities and transactions private to each client. IdentityMind Global services clients worldwide including Banks, Money Service Business, Payment Service Providers, Virtual Currency Exchanges and Trading Platforms, and Online Merchants. For more information, visit us at http://www.identitymindglobal.com, or follow us on twitter: @identitymind.AlphaPoint and IdentityMind Global partner to provide full compliance capabilities for digital currency exchanges, offering clients a complete package to rapidly launch compliant Bitcoin exchanges anywhere in the world. With IdentityMind’s platform, our customers can leverage the tools they need to comply with regulation all over the world Palo Alto, CA. (PRWEB) April 24, 2015 AlphaPoint, the leading provider of white label technology for digital currency exchanges, and IdentityMind Global, provider of risk management and anti-money laundering solutions, have partnered to provide AlphaPoint clients with complete user verification and anti-money laundering capabilities. AlphaPoint’s turn-key, white label solution gives customers the ability to launch their own digital currency exchanges in under 20 days, offering both a full stack software solution, as well as a liquidity service to bolster trading volumes. The partnership with IdentityMind will provide exchange owners with a crucial suite of compliance tools and technology to verify user identities, monitor transactions, prevent fraud, and comply with U.S. and international regulations. “With AlphaPoint, clients have the technology to launch a Bitcoin exchange in days. However, exchanges must also comply with a variety of regulatory requirements to operate legally,” explained Igor Telyatnikov, VP of Operations at AlphaPoint. “Owners must have their own AML program to verify user identities, monitor transactions, and screen against sanctions lists. With IdentityMind’s platform, our customers can leverage the tools they need to comply with regulation all over the world.” The partnership follows the successful launch of multiple joint exchanges between the two companies, with several exchanges in recent months leveraging AlphaPoint’s technology, and implementing IdentityMind’s integrated identification services to manage the regulatory requirements of operating an international money transfer service. “We made a commitment last year to provide the Bitcoin industry with the most effective, cost efficient compliance platform available,” said Garrett Gafke, President & CEO of IdentityMind Global. “Today, we’re proud to be the leading provider of KYC and compliance technology in the industry. Support for digital currency startups has been central to our efforts, and this partnership with AlphaPoint reinforces our commitment.” The IdentityMind platform provides users with transaction monitoring, sanctions screening, and sophisticated KYC services, including access to 16+ third party service and data providers. The platform is used by digital currency businesses across four continents, and provides users with a comprehensive toolset to reduce manual review processes. The IdentityMind IGNITE program provides digital currency startups with the platform’s full capabilities, starting at a low flat-rate fee. About AlphaPoint AlphaPoint is a technology company that powers digital currency exchanges and provides institutions aggregate access and order routing to digital currency markets. Its secure, scalable, and customizable platform can process nearly 1 million transactions per second, enabling customers to innovate, differentiate, and transform their businesses. As the world’s leading white label exchange provider, AlphaPoint powers several of the largest Bitcoin exchanges worldwide, and is led by a seasoned team with 35+ years in financial technology. AlphaPoint has offices in New York City, Philadelphia, and San Francisco. For more information, follow us at @AlphaPointLive or visit us at
Spikes Security says its browser-isolation technology protects computers from malware and Internet-borne attacks by creating a virtual machine that isolates the user’s own browser from the Internet. Infographic: Just browsing? Malware shops for data Company founder Branden Spikes came up with the idea in 2008 from the need to protect rocket scientists. He since has launched a startup that recently rolled out its first commercial version—and has sparked interest from several sectors, including credit unions. Free IDT911 white paper: Breach, Privacy, And Cyber Coverages: Fact And Fiction The technology, called AirGap, works by using secure Linux appliance hardware that renders Web pages outside of the user’s network. The browser’s session is streamed back to the user through a high-performance, remote desktop connection of sorts—think of it like streaming a very high-quality video. “We come at it from a preconceived assumption that all browsers are malware by their very nature,” says Spikes, who serves as company CEO and CTO. A recent Ponemon Institute study sponsored by Spikes Security found that 81 percent of the 645 surveyed IT practitioners consider unsecured Web browsers as a primary attack vector. The same number found that Web-borne malware could be completely undetectable despite various security tools. “I feel like most of the other attack vectors have been solved or can be shut off,” Spikes says. “A Web browser cannot be turned off.” From rocket science to Silicon Valley Spikes was a consultant who installed firewalls when he met a guy named Elon Musk, who was working on an Internet startup. Musk went on to co-found PayPal, and later founded the aerospace developer and manufacturer SpaceX. At PayPal, Spikes oversaw cybersecurity, along with Web systems, databases and “all the sort of blinking lights that sit in the data center.” When Musk moved on to focus on SpaceX, he brought Spikes along. Spikes, who spent 10 years as CIO at SpaceX, was exposed to all sorts of network attacks there. But despite state-of-the-art defenses, one type consistently got through. “There’s one thing that was always able to defeat my defense mechanisms, and that was end users’ Web browsers,” he says. When Musk announced in the mid-2000s that he wanted to launch astronauts into space, Spikes says he started to lose sleep. “(I) had to defend the livelihoods of human beings with my network. …If I was unable to stop browser malware, I would really likely fail,” he says. Spikes’ job at SpaceX, essentially, was to not allow the bad guys to hack the network. That high bar, he says, meant he had to solve the challenge of protecting intellectual property that resided entirely on laptops and desktops. Spikes invented AirGap in 2008 while at SpaceX, but maintained the intellectual property rights. Four years later, he spun off his own startup. Today, Spikes Security employs 30 people in Los Gatos, Calif. The company received an $11 million Series A investment last fall that has allowed it to expand its engineering team and accelerate the development of new features. After a couple of years perfecting the technology and extensive beta testing, the product was rolled out officially earlier this year. About two dozen customer deployments are in place, with another two dozen in various testing stages. “When you’re building an innovative product like this, it requires a lot of ongoing education and collaboration with customers to ensure the product is meeting and exceeding expectations,” says Chief Marketing Officer Franklyn Jones. Challenging the competition The idea of browser isolation technology is not new. Several other vendors are offering isolation technology, including some big players. Typically, they’re trying to solve this through a sandbox or micro virtual machine. The problem, Jones says, is that if malware escapes the sandbox or VM, the network becomes affected. “We keep all the bad stuff outside the network,” he says. The company is having some early success with credit unions. “Small banks and credit unions are prime targets for cyber criminals because, very often, these firms do not have the IT staff or budget to build state-of-the-art security infrastructure,” Jones says. The company plans to launch a mobile version this year, and another major product announcement is due in a couple of months. “One of our long-term goals is to ensure that the Web is safe for everyone, everywhere, all the time,” Jones says. “We are on track to meet that objective before the end of the year.Websites infected with malware are a major culprit behind cyber attacks, and unsecured Web browsers are a common attack vector for hackers. A growing Silicon Valley startup is trying to solve that problem—by taking the Web browser out of the equation.
managed security services globally. Trustwave Chairman, Chief Executive Officer and President Robert J. McCullen said: “We are excited to join Singtel and to leverage its global presence and resources to accelerate worldwide adoption of our security solutions. This strategic partnership creates an unparalleled opportunity to combine Singtel’s robust information and communications solutions with Trustwave’s industry-leading security technologies and managed services platform to deliver cutting-edge solutions that will enhance our customer experience. Singtel is the perfect partner for us as we continue to help businesses fight cybercrime, protect data and reduce security risk, and the Trustwave team is thrilled to become a part of such a prestigious and innovative organization.” Following the close of the acquisition, Singtel plans to combine its state-of-the-art information and communications technology (ICT) with Trustwave’s broad portfolio of managed security services. The acquisition will help expand Singtel’s existing line-up of cloud-based solutions to encompass security services, to create an end-to-end ICT offering to business customers-bolstering Singtel’s leadership position in the managed services market. Trustwave adds a number of cyber security assets and capabilities to Singtel including:CHICAGO – April 7, 2015 – Trustwave® today announced that Singapore Telecommunications Limited (Singtel), Asia’s leading communications company, has entered into a definitive agreement to acquire Trustwave Holdings, Inc., a privately held information security company headquartered in Chicago. The acquisition strengthens Singtel’s information security capabilities and bolsters Trustwave’s ability to expand its leadership in
- More than three million business subscribers in 96 countries
- More than 1,200 security-focused employees located in 26 different countries
- Five global security operations centers (SOCs)located in Chicago, Denver, Minneapolis, Manila and Warsaw
- The world-renowned Trustwave SpiderLabs®ethical hacking and threat research team
- A broad portfolio of security technologies and intellectual property with more than 56 patents either granted or pending
- The unified, cloud-based TrustKeeper®portal which is used to deliver Trustwave security and compliance services globally.
AUSTIN, Texas—March 31, 2015—Mozido, mobile financial and retail marketing solutions provider, today announced it has participated in the Series B financing of IdentityMind Global, a risk management platform for e-commerce and regulatory compliance. As a part of this investment, Mozido and IdentityMind have formed a strategic partnership to expand safe, secure mobile commerce around the world. “Mozido serves customers around the world that require specialized products and services to help them manage risk and secure compliance,” said Mike Love, president of Mozido. “Our investment in IdentityMind increases our capabilities in this critical area.” Mozido is creating a global footprint of consumer transactions that will benefit from the IdentityMind investment with increased capabilities to combat international payment fraud from the world’s banked and unbanked consumers. Mozido merchants and issuers will have a global, fraud prevention and evaluation system that ensures user identification, transaction authenticity, and mobile device security using a robust analytics platform consisting of dozens of data sources recognizing and validating identities around the world. Mozido has integrated IdentityMind’s technology into its MoTEAF platform—a cloud-based mobile ecosystem for payments, engagement, and rewards—and will be accumulating data from all transactions running on the MoTEAF platform. “Fraud prevention in e-Commerce and online transactions is most effective when the identity of the consumer or entity is known,” said Garrett Gafke, president and CEO of IdentityMind. “Our platform recognizes individuals based on a combination of attributes and helps validate how these attributes correlate against each other both online and offline. This is particularly important in mobile commerce where online merchants sacrifice collecting information for reducing friction in the mobile payment/registration process, and mobile adoption is larger within underbanked and unbanked demographics.” Because unbanked consumers don’t traditionally have the credit and transaction history that banked consumers typically have, Mozido’s partnership with IdentityMind will create a unique risk managed ecosystem for authenticating unbanked user identities. The partnership will give merchants the ability to ensure within every transaction:
- Recognition: Merchants will initially be able to recognize the user and device
- Identification: The user is compared across dozens of data sources to verify identity
- Authentication: Once the user is identified, the transaction is authenticated across Mozido’s MoTEAF platform
- Security: The transactions are completed in a highly secure environment, whether the user is requesting the payment token through a smartphone or a basic SMS-enabled mobile phone
http://bit.ly/1uJLRGJ), LTE subscriptions are expected to rise to more than 2 billion by 2019, increasing from 250 million today. Along with this growth in subscribers, carriers are experiencing significant growth in voice and data usage placing added pressure on the network. However, while network usage continues to grow, carriers are also seeing a significant drop in data pricing with an estimated decrease of 77 percent during the first nine months of 2014, according to Chetan Sharma’s Q3 2014 report (http://bit.ly/1HfUgrn). As a result, carriers are finding it harder to reinvest in the network – putting them at risk of becoming commoditized as voice and data only providers, while over-the-top providers like Facebook, Twitter and others are seeing significant increased revenue from mobile. To combat this trend, carriers are looking to SDN and NFV to virtualize their networks so they can decrease costs and be more nimble to capitalize on current market trends. ContexNet 4.0 helps carriers overcome deployment challenges and enables them to pursue new revenue opportunities by leveraging an industry-standard approach that easily integrates into existing infrastructure and provides the flexibility needed to quickly introduce and support new services. This paves the way for service providers to offer more personalized, a la carte-style plans to consumers, such as video or music streaming, without straining the network as a whole. Taking advantage of OpenDaylight, OpenStack, OpenFlow and other industry standards, ContexNet 4.0 provides unsurpassed scale, supporting millions of subscribers with customized service profiles, as well as the resiliency, high-availability and extendibility requirements for carriers’ unique network needs. This complies with the Internet Engineering Tasks Force (IETF) horizontal standard interfaces for network virtualization allowing operators to create programmable networks that are not only flexible and self-healing, but also have a high degree of consistency. The solution also allows for geographically dispersed sites to be unified and operate as a single network. Supporting Quotes:Mountain View, Calif. — December 9, 2014— ConteXtream (http://www.contextream.com/), a leading provider of carrier-grade network virtualization solutions, today announced the launch of ContexNet 4.0, the first commercially-available OpenDaylight-based, carrier-grade software-defined networking (SDN) fabric for network functions virtualization (NFV). ContexNet 4.0 helps carriers avoid commoditization of their products and develop new revenue streams by creating a more flexible and programmable network through a SDN/NFV model. According to Ovum’s recent World Cellular Data Metrics report (
- “Today’s wireless carriers are facing a tipping point. They need to innovate beyond their traditional service model or become the latest commodity industry,” said Nachman Shelef, chief executive officer and co-founder, ConteXtream. “The cost of increased traffic without corresponding growth in ARPU has tightened profit margins for carriers, making it harder to continue building up the network to meet future needs and investing in R&D to identify and launch new services. ContexNet 4.0 allows service providers to optimize their network to meet traffic demands, control costs and introduce new services so they can open up new revenue streams.”
- “ConteXtream has been a valuable member and an active contributor of the OpenDaylight community,” said Neela Jacques, executive director, OpenDaylight. “They were also among the first companies to embed OpenDaylight code into a commercially shipped product. It will be exciting to watch how OpenDaylight continues to impact their solutions.”
- “To meet customer needs, it is important for us to be able to add new services to our portfolio at record speed and provide these customers with high quality services,” said Pål Grønsund, PhD, research scientist, Telenor Research. “We have been working with ConteXtream for a while and it clearly has the potential to contribute to these values. We also did an ETSI POC on Gi-LAN virtualization and now we are working on our next ETSI POC on SDN-enabled EPC with them, which also uses ConteXtream’s OpenDaylight-based Carrier-SDN fabric. We are excited to be partnering with ConteXtream on the new network paradigm of network virtualization.”
- “Our customers want us to provide an end-to-end, high performance solution that exceeds their performance, scalability and reliability requirements,” said Werner Schaefer, vice president, Network Functions Virtualization, HP. “HP is committed to delivering an open platform for NFV, complemented by joint solutions with partners like ConteXtream, enabling us to offer the networking solutions service providers need to reduce capital and operating expenditures, while also introducing revenue-generating services.
- “ConteXtream has been a leading pioneer in delivering cloud-based network virtualization for service providers and has been battle-tested with major carriers since it introduced its first subscriber aware solution in 2010,“ said Sue Rudd, director service provider analysis, Strategy Analytics. “The new iteration announced today complies with OpenDaylight – http://www.opendaylight.org/ – and other open industry specifications to address real world multi-vendor, multi-cloud challenges that are not yet being met by non-proprietary vendors in the space.”
- “ConteXtream’s strategy is well-aligned with carrier’s interest in open source SDN solutions,” said David Krozier, principal analyst, network infrastructure, Ovum. “The company’s new OpenDaylight-based, ContexNet 4.0 product builds on ConteXtream’s significant experience in delivering carrier-grade SDN solutions.”
- As an early participant in the carrier-SDN sector, ConteXtream’s contributions to OpenDaylight are particularly informed and valuable,” said Daniel Keoppel, executive director, Verizon Ventures. “We support innovations in open standards through our investments in ConteXtream and other Verizon Venture portfolio companies.”