MBIR MobiClear Personal Identification Verification solution Message Board

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Technology Stocks : MBIR MobiClear Personal Identification Verification solution

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From: Tadsamillionaire	10/17/2007 2:08:51 PM
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MobiClear Technology Fights Online Banking Fraud tmcnet.com MobiClear’s proprietary personal identification verification (PIV) technology is being used during online bank transactions. Thanks to MobiClear's Internet Bank, commercial banks can offer their clients another layer of online banking security through the use of a unique MobiClear PIN required to approve any transaction. The development of this product places MobiClear in a favorable position to benefit from the growing trend toward online banking. The company believes that by providing this solution those weary of conducting online banking transactions will be put at ease. This will trigger an increase in overall transactions and MobiClear believes this shift in consumer's attitudes makes the company's product line attractive to commercial banks. “With the alarming rate of online fraud and internet-based identity theft, the application of our technology to the online banking industry is the perfect solution to this global problem,” said Anders Ericsson (News - Alert), chief executive officer of MobiClear in a statement.

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