KEVIN CARSON TITLE : SENIOR VICE PRESIDENT COMPANY : FREEDOMPAY INDUSTRY : FINTECH LOCATION : UNITED KINGDOM
DAN KNIGHT
MOBILE PAYMENTS
KEVIN CARSON TITLE : SENIOR VICE PRESIDENT COMPANY : FREEDOMPAY INDUSTRY : FINTECH LOCATION : UNITED KINGDOM
Kevin Carson is the Senior Vice President of Global Business Development at FreedomPay . With over six years at the company , he leads international go-tomarket strategies and global partnerships , driving expansion into Europe , Asia , and Latin America . Kevin specializes in delivering innovative payment solutions for a diverse clientele .
DAN KNIGHT
TITLE : VERTICAL LEAD COMPANY : MINDERA INDUSTRY : FINTECH LOCATION : UNITED KINGDOM
Dan Knight is the Vertical Lead at Mindera . With extensive experience in leading fulltime roles , he specialises in driving strategic initiatives and managing key projects within the company . Dan ’ s expertise in vertical market leadership ensures the successful implementation and growth of Mindera ’ s solutions across various sectors .
Phishing remains a prevalent threat , where fraudsters trick users into divulging personal information through fake emails or text messages . Using public Wi-Fi for mobile payments can also expose users to risks , as these networks are often unsecured .
Hackers can intercept data transmitted over public Wi-Fi , including payment information . It is recommended to use a virtual private network ( VPN ) to encrypt data when using public Wi-Fi , or avoid making payments over these networks altogether .
Data breaches can occur when cybercriminals exploit vulnerabilities in mobile payment systems to access sensitive information . Tokenisation and encryption are crucial technologies that protect mobile payment data by replacing sensitive information with secure tokens and encrypting data during transmission . Despite these measures , breaches still pose a significant risk .
Lost or stolen devices can lead to unauthorised access to mobile wallets and payment apps . Implementing twofactor authentication ( 2FA ) and biometric security features like fingerprint or facial recognition can improve security .
Additionally , users should ensure their devices are up-to-date with the latest security patches to prevent exploitation of known vulnerabilities .
Chris Gorman adds : “ Mobile payments require the same level of compliance and safety as any other online transaction . Our mobile payments solution is PCI level 1 compliant , ensuring consumer payments are safe and secure . fintechmagazine . com 105