Seamless mobile payment experiences can improve convenience and consumer satisfaction. Mobile payments offer an omni-channel opportunity to engage consumers on every medium.
“Company networks are made increasingly vulnerable with potential malware associated with mobile devices. Endpoint security solutions can be effective for improving BYOD policies by preventing access, reducing risk of attack or loss of data. Organizations must implement security technologies to address these common failures and improve the security of their consumers’ information.”
“We are delighted to announce our partnership with Abbrevia, and together we will bring the best solution for secure and trusted mobile commerce transactions into the markets Abbrevia so successfully serve, a market that has high demand for new, secure and convenient payment method alongside growing penetration of smartphones.
2015 will see the gap widen between institutions that harness mobile payment technologies as a secure, convenient service to consumers, and those who fall behind technologically or fail to grasp the importance of security on mobile devices and within payment transactions.
Financial institutions that fall behind can expect an adverse impact on revenues as a direct result of losing consumer confidence
In securing mobile payments, one size certainly does not fit all. Financial institutions in Western Europe will find it difficult to argue against evidence that demonstrates the impact of shoehorning existing old security protocols in to their new mobile channels, leaving their customers exposed and extremely vulnerable to consistent attacks
Banks must adopt a high integrity security approach that employs multichannel and device upwards encryption specifically designed for securing mobile transactions to ensure all mobile transactions they process are completely free from compromise
Mobile banking should be facilitated with robust and secure technology that is designed to optimize security for mobile transactions. Financial institutions should only promote mobile when they provide absolute security to protect consumer trust
Utilizing a solution that is also compatible with existing infrastructure is the obvious choice, and the Omlis solution is highly interoperable to allow this opportunity yet designed for the dynamics of a mobile world
It’s hard to believe that the company has expanded so quickly,” said Markus Milsted, Founder and CEO of Omlis. “Our CCO, John Stuart, previously shaped the commercial strategies for world-class organizations including S1 and Verifone securing orders in excess of $350million in competitive global markets. The Omlis team is growing and the talent is immense
The mobile payments market presents an immense opportunity for businesses to implement new ways to pay. Omlis combats the failings present in current security encryption methods which are by comparison inherently vulnerable, as highlighted regularly in the media. The Omlis technology is the security solution of choice for any organisation that processes mobile transactions and takes their client privacy seriously.
With mobile payments expanding quickly across Latin America and Chile, it is imperative to implement a mobile payment security solution that can be easily deployed across territories and on all makes of mobile devices. This innovative modern security technology will be of great benefit to the marketplace and ensure that Chilean businesses and consumers experience full and uncompromised mobile transaction security
We are proud to support the rapid expansion of Omlis mobile payment security.They have recruited amazing talent within the tech sector and their growth reflects the strength of their proposition. The Omlis vision is ambitious yet on track with the market’s needs for enhanced security features to drive adoption of mobile payments. With the partnership growing, Orion and Omlis have already made great strides in helping financial institutions provide key differentiators in the market
Having the right partners on board is key to our go-to-market strategy. We see in Omlis an exciting business with an innovative and powerful technology. Their approach to security matches our attitude towards reliability, and we’re looking forward to a fantastic 2015 with Omlis.
This signifies a step change in the development of Omlis as a business. This partnership enables Stratus and Omlis to reach new markets, protect businesses and individuals from fraud and deliver a highly compelling commercial proposition to financial institutions, payment service providers, mobile network operators and the whole of the payments ecosystem
2015 will see the gap widen between successful companies that harness mobile payment technologies as a secure, convenient service to consumers, and those who fall behind technologically or fail to grasp the importance of security on mobile devices and within payment transactions.
With mobile becoming a top target, mobile security will be of utmost priority for mobile app developers and more specifically those looking to deliver mobile payment processing
We advise businesses to put procedures in place before an attack happens, using anti-phishing tools and cloud security. Starting the New Year with a goal to be proactive toward securing company information should be every organization’s top priority.
“Seric’s vision for IT security aligns strongly with our mission at Omlis in aiming to bring ultimate security across markets and industries. We are proud to be partners with a trusted organization like Seric who can leverage our core solution to counter global fraud through their recognized network of technology leaders.”
“This solution will dramatically reduce security faults hindering current payment systems and encourage confident adoption of mobile payments. Global adoption of mobile commerce is upon us, and Seric has found a huge opportunity in utilizing Omlis’s unparalleled security for mobile payments.”
The quickly increasing demand for mobile banking has created a massive opportunity for cyber criminals, leaving consumer information and businesses vulnerable to attack.
With the first solution designed specifically for mobile payment security, we decided to use a novel method of tokenization to provide the ultimate security for mobile payments.
As adoption of mobile finance technologies escalates, security issues are coming to light. Omlis mobile payment encryption provides the first proven solution to mobile fraud, eliminating the risk of data breaches and ensuring unbreakable protection for mobile devices.
Many African economies have shown impressive growth rates in recent years, but increased prosperity has not always translated into inclusive wealth creation
On the occasion of Africa Industrialization Day, I reaffirm the commitment of the United Nations to promote Africa’s inclusive and sustainable industrial development to help ensure and economically prosperous and socially integrated continent.
Through mobile payments, Africa is beginning to show the economic potential that it always had. Mobile liberation means that industries from farming to telecom can effectively share knowledge, communicate and most importantly transact quicker and cheaper
As a leader in the secure mobile payments space, Omlis ensures that mobile users operating on 2, 3 and 4G can access digital services with complete confidence. In mobile payments, trust is our most valued currency and we ensure that it’s justifiably spent.
Africans didn’t invent mobile phones, but they invented a new way of using mobile phones
Energy is becoming the biggest barrier to greater connectivity. All those smartphones that use broadband use power, so there is an energy challenge of how to expand to rural areas.
Security will remain at the forefront of customer concerns, and retailers must consider implementing secure mobile payment solutions into their apps and mobile stores in order to regain consumer trust
Mobile payments aren’t just omni-channel or omni-tech, but they present an opportunity for an omni-culture where transactions are available across borders. It also provides the opportunity to remove technical inequality on a global basis.
“Digital payment technologies can end financial inequality on a global scale by providing previously ‘unbanked’ populations with much needed financial services. The mobile revolution represents a cost-effective means to integrate otherwise excluded members of society into a structured financial system.”
Africa, Latin America and the Asia Pacific present immense opportunity for the mobile payments ecosystem to engage a rapidly growing consumer base who, out of necessity, have fully embraced new opportunities presented by their adoption of 3G and 4G technology.
Sub-Saharan African countries like Nigeria, Kenya, and South Africa have experienced an explosion of mobile payment adoption in the past year and current predictions regarding data usage still expect over 100 percent year on year between 2014 and 2019, which is simply astonishing.”
“Although smartphone penetration is on a steep upward curve in Africa and now at saturation in Latin America and Asia especially for 3 and 4G users, it is worth bearing in mind that many in these regions, 75% in Sub-Saharan Africa, reside in rural areas and rely on feature devices that operate predominantly on 2G. Where we excel at Omlis is our ability to provide everyone using any mobile phone operating on 2, 3 and 4G the ability to access digital services via their phones with absolute freedom and confidence,” Matt Banham, Chief Technology Officer at Omlis
We are all aware of the mobile saturation rate in Chile which is well over 100% and the convenience provided to consumers by mobile Internet. This is certainly an opportunity for ISN Technologies who partnered with Omlis to serve the market with an elegant and secure mobile payment solution
Our current client base includes very strong brands like ABCDIN, Redbanc, Nexus, and Banco Santander. The integration of highly differentiated and fully secure mobile payment solutions should certainly add traction to the Chilean mobile payments economy while ensuring that every consumer we serve can enjoy the Internet with uncompromised safety when they choose to transact
Servicing emerging economies like Chile using our extremely small Omlis data packets and reduced bandwidth means that all mobile phone users using smart or non-smartphone devices have quick and completely uncompromised access to secure mobile payments via their mobile device regardless of whether they use 2G, 3G or 4G.
We envision a global society where everyone is included regardless of region, social status and income. We feel this is absolutely achievable by providing compelling technology products deployed through our partnership with ISN.
Omlis technology lends itself seamlessly to the U.S. market, which has experienced high rates of credit card fraud and has high demand for truly secure and effective mobile payment solutions
The Mobile Payment Conference is a timely event and important forum for discussing the need for security measures in retail implementation of mobile payment technologies in the U.S
The fact that Apple have launched a mobile wallet is bound to be hugely influential, simply because it's Apple but I'm not alone in having significant reservations about the company's approach to mobile payments and whether there is enough true innovation.
Placing a potentially limitless amount of financial information in an, as yet, undisclosed place (whether on the device or in the cloud), acting as a central access point, would appear to be a risky move. Recent security breaches in the financial sector, and even Apple's own iCloud, have shown the flaws in this approach
At Omlis our vision is of a future where everyone, not just the owners of the latest high-end smartphones, can take advantage of the benefits of totally secure mobile payments. Restricting Apple Pay to the iPhone 6 or 6 Plus (or iPhone 5s teamed with an Apple Watch) leaves the company with a significant battle to achieve volume and the universal acceptance among merchants that customers crave. On first analysis, Apple still has a significant way to go to deliver the true benefit of mobile payments for financial institutions, merchants and users
“Where Apple leads other smartphone manufacturers tend to follow. An iPhone 6 that delivers totally secure and easy to use mobile payments has the potential to act as the catalyst the market really needs.”
Millennials face contemporary issues with these new payment methods, and compelling challenges arise through adoption of new types of financial networks.
Innovative mobile payment software is a catalyst for change, and the new generation of university students often early adopters of new mobile technologies. This is no different when it comes to new, innovative and more convenient ways to pay
“After two years of searching for a strategic fraud prevention partner, we found a revelation in Omlis
Omlis offer a highly differentiated proposition to the market and their unique approach to ensuring the uncompromised safety of sensitive information is why they are a leading vision in their industry and our proud partners.
Our partnership with Orion Software and Solutions is a natural step forward for Omlis, because they possess the market leading fraud prevention solutions that align strongly with our vision. Omlis delivers a distinctly unbreakable security solution, alongside high interoperability and immense scalability. Together we can implement systems that provide ultimate consumer confidence in mobile payment adoption worldwide.