PALO ALTO, Calif., April 22, 2013 /PRNewswire/ -- Nok Nok Labs announced today that its CEO, Phillip Dunkelberger, will be co-presenting a session at NACHA's PAYMENTS 2013 Conference in San Diego, CA on Wednesday, April 24, 2013 at 9:45am PT. Mr. Dunkelberger's session, "Strong Authentication: The Key to Secure Transactions," will examine historic user authentication challenges and review current options for online and mobile commerce to enable better online identification.
According to IE Market Research Corporation, mobile payments are expected to explode to $945B in 2015, transforming the way we execute transactions. With an exponential growth in devices, service providers and platforms, also comes increased risk – offering new ways for attackers to undermine confidence in online commerce. Compounding this problem is the frailty of current mechanisms to authenticate or identify end users associated with a transaction.
"I look forward to speaking at PAYMENTS 2013 and interacting with attendees on the challenges they face in delivering secure transactions," said Phillip Dunkelberger, CEO of Nok Nok Labs. "Today's enterprises, technology providers and their users are looking for an alternative capability that provides simple, secure authentication, and doesn't require new technologies or a major infrastructure investment. We see our presence at PAYMENTS as a significant step in our growth and a major catalyst for awareness to a primary audience."
Nok Nok Labs has also been selected to participate in the PAYMENTS 3D program, a showcase of the leading payments innovators, which is comprised of "startup/innovation" sessions and a related pavilion on the exhibit hall floor. PAYMENTS 3D is a forum to introduce and discuss the latest advancements in payments. Companies invited to participate will be given 10-20 minutes in a session room to pitch their product or solution to attendees. Nok Nok Labs will also participate in the PAYMENTS 3D Pavilion in the exhibit hall where the company will present its solution.
To learn more about Nok Nok Labs, visit http://www.noknok.com.
About Nok Nok Labs
Nok Nok Labs, Inc., based in Palo Alto, CA, was founded to transform online authentication for modern computing. The company is backed by a team of security industry veterans from PGP, Netscape, PayPal & Phoenix, and have deep experience in building Internet scale security protocols and products. The company's ambition is to enable end-to-end trust across the web using authentication methods that are natural to end-users and provide strong proof of identity. For more information, visit www.noknok.com.
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