Posts Tagged ‘security’

IPOS founders choose tech PR specialists Hot Tin Roof to launch new business

Monday, August 13th, 2018


Robin Knox and Paul Walton have appointed Hot Tin Roof to provide strategic PR support to launch their new tech startup, Boundary.

The new venture between the Intelligent Point of Sale (IPOS) founders is a smart home security system, bringing affordable protection to homeowners and renters alike. IPOS was sold to iZettle and then acquired by PayPal for $2.2 billion in May 2018.

Hot Tin Roof has been instrumental in the launch of some Scotland’s most influential startups and digital technology enterprises including FreeAgent, Aquila Insight and CodeClan. The agency has worked with a number of key stakeholders from public and private sector to raise awareness of the digital skills gap over the last decade. Most recently it helped to launch Skills Development Scotland’s ‘Digital World’ a STEM and digital skills campaign aimed at teenagers and career changers.

DNS founding director Stuart Fraser appointed by miiCard

Monday, January 31st, 2011

One of Scotland’s leading digital security experts, Stuart Fraser, has been appointed by miiCard as Technical Architect.  As co-founder of specialist IT security consultancy DNS, Stuart’s appointment is a coup for the pioneering digital identity startup.

Over eight years, Stuart helped DNS become the largest provider of security services in the UK before the company was sold last year to SecureWorks, now in the process of being bought by Dell.

miiCard is a unique digital passport for the consumer that proves “I am who I say I am” in real time, for the first time.   Owned and managed by the individual, miiCard allows the consumer to track, monitor and so, for the first time, take control of their online identity.

Stuart  will be responsible for the design and implementation of miiCard’s security token service which will verify user identity to Anti-Money Laundering, Know Your Customer Regulations and the Proceeds of Crime Act standards.

Drawn to the challenge of developing a global digital passport that proves the user’s identity and becomes stronger the more it is used, Stuart says:  “As the threat of internet fraud and identity theft increases it is critical that we find some way of being able to take control of our digital identity.

“Every day we give away our personal data to companies around the world, from Facebook and Google to banks, retailers and government agencies.   And once we have given it away, we have no control over what happens to our identity.  It is vital that we find a way of taking control back and I am very excited about the implications of miiCard for the future of digital identity.”

Stuart’s early career began in the energy sector working for Conoco, BP and Scottish Power before becoming founder director of DNS. Following the sale of DNS, Stuart returned to his studies, recently completing The University of Edinburgh’s MSc in High Performance Computing – specialising in scaling and super computers.

miiCard confirms it will demo at FinovateEurope 2011

Monday, December 13th, 2010

Online identity company miiCard has been handpicked to demonstrate its revolutionary digital passport at FinovateEurope 2011, the high profile banking technology conference, on Tuesday 1 February 2011 in London.

FinovateEurope is designed to showcase the most innovative new financial technology products and ideas from established industry leaders as well as cutting-edge startups like miiCard.

miiCard is a unique digital passport for the consumer that proves “I am who I say I am” in real time, for the first time to Anti-Money Laundering, Know Your Customer Regulations and the Proceeds of Crime Act standards.

Owned and managed by the individual, miiCard allows the consumer to track, monitor and so take control of their online identity for the first time.  miiCard is free to the consumer and charged to the vendor on a transactional basis.

Every day between 70% and 90% of online financial transactions are abandoned when the customer is asked to complete the transaction offline by taking their driving license, passport or utility bill into their local bank branch as James Varga, miiCard’s founder explains:

“The final barrier to selling financial products online is identity – being able to prove ‘I am who I say I am’ in real time online.  Until we crack that nut, the financial services industry will continue to lose out on online business. Our challenge today is to create trust between banks and the consumer without the need for physical offline identity validation.

“I believe miiCard is the answer to the issue of trust, allowing the consumer to buy financial products online for the first time and I am delighted to be bringing that solution to FinovateEurope”.

The selection process to be accepted to FinovateEurope is exceptionally competitive and miiCard will appear alongside some of Europe’s most exciting emerging technologies.   FinovateEurope 2011 provides a powerful platform for financial technology companies to reach new customers and VCs as well as to form strategic partnerships.

miiCard, a patent pending global solution, soft launched to the financial services industry at Sibos in November 2010, and was voted Innotribe’s most promising startup.  miiCard’s aim is to eradicate the final barrier to global trade, the need for offline proof of identity, before a financial product can be purchased.

miiCard meets the challenge created by the concept of online trust for the first time, allowing customers to buy financial products completely online.  This will improve conversion rates, cut operational costs and fight internet fraud.

Eric Mattson, CEO, The Finovate Conference Series comments:  “We are delighted to have miiCard doing a demo at FinovateEurope 2011.  The issue of validating a customer’s identity online is a key challenge for retail banks and miiCard offers an innovation with the potential to solve that huge problem.

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