MYPINPAD shortlisted for Most Innovative Online Product at The Fraud Awards 2016

LONDON, 12 August 2016 – MYPINPAD, an enabler of multi-factor authentication for touchscreen devices such as mobile phones and tablets, has been shortlisted for The Fraud Awards 2016, for Most Innovative Online Product. The awards ceremony will take place on the evening of 6th of October at the Retail Risk Leicester conference.

MYPINPAD has been recognised specifically for its simple and effective mobile authentication platform. Our solution utilises the cardholder PIN to authenticate card-not-present transactions, across sectors, devices and channels while meeting best security practices and regulations.

Allan Syms, COO at MYPINPAD, said, “We are thrilled to be recognised as a finalist for The Fraud Awards. This is a fantastic recognition of the significant value which the MYPINPAD solution offers the industry. The MYPINPAD solution is designed to mitigate fraud and reduce the occurrence of chargebacks forthe retail and merchant community. It is rewarding to see this innovation highlighted by the judging panel, so that the industry can learn more about the solution we are offering and consider its appeal for their security needs.”

Each year, The Fraud Awards showcase and celebrate the best in retail fraud and loss prevention, people, processes, strategy and technology. This year’s event is expected to attract over 600 guests, including vendors, academics and executives representing more than 80% of the UK’s top 250 retailers.

Retail Knowledge, which hosts The Fraud Awards, organises Retail Risk conferences worldwide, promoting best practice and leadership in retail risk and loss prevention. The Retail Risk conference series provides executives responsible for protecting their businesses against risk and loss with must attend events all around the world. Every conference features an array of international expertise with speakers, innovators and thought leaders from around the world gathering together for just one day.

About MYPINPAD

MYPINPAD (MPP) is an enabler of multi-factor authentication for touchscreen devices such as smart phones and tablets. MYPINPAD provides a modular PaaS or customer hosted platform that delivers security with familiar and friendly user authentication interfaces, including cardholder PIN. MPP operates throughout Europe and Asia. With simple integration in to modern and legacy payment systems the Company enables acquirers, issuers, card schemes, merchants and PSP’s around the world to better manage risk and fraud.