Finsphere Appoints Deanna Oppenheimer as a Strategic Adviser

BELLEVUE, Wash., Feb. 18, 2015 /PRNewswire/ -- Finsphere Corporation, a leader in mobile identity-authentication services, said today it has appointed Deanna Oppenheimer, founder and CEO of the Seattle-based global consultancy CameoWorks, as a strategic adviser to the company.

Michael Buhrmann, co-founder, Chairman and CEO of Finsphere, said Oppenheimer's long history and extensive experience in financial services dovetails with the customers that Finsphere is targeting with its identity-authentication solutions for mobile-payment, financial and E-commerce transactions.

Oppenheimer was president of consumer banking at Washington Mutual for five years before leaving WaMu in 2005 to become CEO of U.K. retail banking operations at Barclays PLC, the global financial services company headquartered in London. She then moved up to vice chair of Barclays global retail banking and ultimately to vice chair and CEO of U.K. and European global retail banking. 

Oppenheimer returned to the Seattle area in 2012 and started CameoWorks to tap the experience and wisdom of global business leaders in helping companies achieve success in markets worldwide.  CameoWorks advises companies on "improving executive- and board-level decisions, making global connections to identify new opportunities, strengthening stakeholder relationships and developing strategies to refresh (their) business."

"Finsphere has benefitted from Deanna's counsel for several years and we're happy to take our relationship to a higher level in her new role as an adviser to our company," said Buhrmann.  "It's especially timely because we believe Finsphere is poised to have a number of global financial services market leaders take advantage of our identity-authentication services that are simple, safe and secure for users, merchants and banks."

Founded in 2007, Finsphere has developed a geo-location precision-analytics engine that enables global financial services companies and enterprises to help protect their customers by securing access to sensitive information, preventing accounts from being compromised and reducing financial loss due to fraud. The company holds a total of 11 patents, including six granted in the U.S.

Finsphere's non-intrusive, privacy enhancing services do not require users to remember passwords or PINs, respond to transaction-verification calls, reply to text messages, receive one-time passwords, carry physical tokens or perform any additional action that interferes with typical financial transactions or access events. 

About Finsphere Corporation:
Finsphere is a leader in mobile identity-authentication services, enabling financial institutions, retail payment networks and mobile network operators to protect against fraud and enhance customer experiences.  By using a mobile device as a proxy for an individual's identity, Finsphere's sophisticated wireless engineering, geospatial analysis and fraud-analytic capabilities authenticate users non-intrusively in real time. An innovator in this field, Finsphere holds multiple U.S. and international patents in the area of location- and risk-based authentication. Headquartered in Bellevue, Wash., Finsphere is a privately held corporation whose major investors include Mohr Davidow, Shasta Ventures, Frazier Technology Ventures and Vodafone Ventures. For more information, visit http://www.finsphere.com.

Contact:
Jim Byrnes
[email protected]
610-248-5053

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SOURCE Finsphere Corporation