Edentify’s Tom Harkins to Discuss Authentication and Security at American Banker’s 3rd Annual Identity Theft and Fraud Symposium
Posted by Terrence DeFranco on Fri, Sep 22, 2006
Bethlehem, Pa.
Today Edentify, Inc. (OTC BB: EDFY), a leading provider of identity management solutions, announced that its Chief Operating Officer and former MasterCard International executive, Thomas J. Harkins, will be a panelist at American Banker’s 3rd Annual Identity Theft and Fraud Symposium. The Symposium will be held September 25-26 in San Francisco, CA and the panel discussion is scheduled for Monday, September 25, at 1:50 p.m.
American Banker’s 3rd Annual Identity Theft and Fraud Symposium is the leading annual forum on identity theft and offers financial institutions an up-to-the-minute overview of the growing threat of identity fraud, including “phishing,” “pharming,” data theft, and PIN debit fraud. The conference will provide attendees with information on the latest market trends, programs, regulatory issues, policies, and technology solutions. Chosen for their high level of expertise and the originality, quality, and timeliness of their content, conference presenters will offer an unparalleled level of compelling, fair, and impartial information on these issues.
Harkins, who was a featured panelist speaker at last year’s conference, will engage in a panel discussion titled ‘Advances, Implementation Challenges in Authentication and Online Security,’ a comprehensive look at some of the advances in authentication technology as well as the challenges that still lie ahead in improving online security. Prior to joining Edentify, Harkins spent almost two decades helping MasterCard’s high-profile corporate customers find and fight fraud, data theft, and other high security risks, and now leads Edentify’s business and product development efforts.
“People enjoy the ease and convenience of carrying out their day to day tasks online. And with more and more customers turning to online banking, financial institutions are constantly looking for sophisticated tools and technologies to implement to ensure their customers are secure,” says Harkins. “Speaking at this conference is a phenomenal opportunity to provide bank and financial institution attendees with the critical knowledge necessary to fight identity fraud, and bring greater visibility to some of the available detection and prevention technologies, such as Edentify’s solutions, to help them combat this crime. My hope is that attendees will walk away better prepared to help their companies and customers use the most advanced authentication and security tools available to prevent this heinous crime in the future.”
Edentify develops and deploys technology solutions utilized in preventing identity theft and fraud. The forerunner of this technology was initially introduced in 1996, and is currently used to screen identities in the branches of large banks in the U.S.
ABOUT EDENTIFY
Edentify, Inc. (http://www.edentify.us) is one of the leading organizations dedicated to developing and deploying technology solutions utilized in preventing identity theft and fraud. Edentify has intellectual property rights to two solutions aimed at detecting and preventing identity fraud. The first is a patented information-based solution that analyzes identity information of individuals in large corporate and government databases, and is capable of detecting and scoring incidents of identity manipulation and potential fraud (Identity Quotient Index™). The second intellectual property is a unique biometric solution (technology-based solution) marketed through the company’s wholly-owned subsidiary, InMotion Biometrics, Inc. (“IMB”), that combines face and voice recognition technologies for authenticating the identity of an individual. Edentify sells its solutions directly, and through channel partners in the financial services, healthcare, and government sectors. Future plans include the development of an integrated product that combines our information-based ID manipulation detection capability with IMB’s biometric technology, thereby enabling more accurate enrollment and, subsequently, a more reliable identity protection system.
Forward-Looking Statement Disclaimer
This press release may contain forward-looking statements that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements of future goals and similar statements reflecting other than historical facts constitute forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, which are described in Edentify’s filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. Edentify undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Press Contact:
Mike Lizun
Gregory FCA
610) 642-8253
Email: Mike@GregoryFCA.com
Corporate Contact:
Terrence DeFranco
Edentify, Inc.
610) 814-6830
Email: TmDefranco@Edentify.us