ValidSoft has beed awarded the European Privacy Seal for VALid-POS, a fraud detection and prevention product. VAlid-POS can determine whether credit and debit card transactions are legitimate or fraudulent by connecting the payment transactions to the customer’s mobile phone. Valid POS eliminates false positives which are legitimate transactions mistakenly labeled as suspicious by the banks.
ValidSoft is an Irish authentication technology provider which offers telecommunications based services to combat electronic fraud relating to cards, internet and telephone channels, including the most fraudulent attacks such as Man-in-the-Browser.
The European Privacy Seal certifies IT products and IT-based services privacy in compliance with European data protection regulations.
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