CashFlows® won the award for 'Best Security or Anti Fraud Development at the Cards and Payments Awards held last night. These awards, which recognise excellence, innovation and customer service in the card and payments industry, were held at The Grosvenor House Hotel in London and were attended by all the key players in the cards and payments industry.
CashFlows®, part of Voice Commerce, won the award for VoicePay®, their unique offering enabling customers to safely authorise financial transactions via a mobile phone using just a unique biometric "Voice Signature". By using voice to authenticate transactions shopping with VoicePay is completely secure, resulting in guaranteed protection against third party fraud and personal information loss.
In addition CashFlows core voice biometric system was a finalist in three other categories including: Best industry innovation of the year, best merchant acquiring initiative and best technology initiative of the year.
Nick Ogden, CEO and founder of CashFlows®, said:
This award is a great accolade for the CashFlows® team as it recognises the significant opportunity VoicePay offers in the fight against fraud. It is also a great encouragement to our customers to see that our payments innovation is now independently seen as taking a leading position in ensuring that transactions from their customers are guaranteed, managed and protected.
CashFlows®, a Supervised Financial Institution and Principal Member of the Visa Europe and MasterCard schemes, operates a range of payment processing solutions that support UK businesses in the management of their money.