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August 04, 2015 8:54 AM ET


Company Overview of ValidSoft Limited

Company Overview

ValidSoft Limited was acquired by ValidSoft UK Limited. ValidSoft Limited provides telecommunications based authentication and transaction verification solutions for financial services and government organizations. It offers solutions to counter electronic fraud relating to card, Internet, and telephone channels. The company provides ValidSoft product suite, including VALid-IVR, an interactive voice response Internet, phone banking, and call center mutual authentication and transaction verification solution; VALid-SMS, a store-and-forward based protocol that offers standard, premium, and flash based messages for transaction verification; VALid-SVP, a speaker verification platform that allows...

Donegal Suite

Castle Buildings

Tara Street



Founded in 2003


353 5 793 70800

Key Executives for ValidSoft Limited

ValidSoft Limited does not have any Key Executives recorded.

ValidSoft Limited Key Developments

Validsoft Appoints Adrian Kelly as Chief Product Officer

ValidSoft has appointed Adrian Kelly as Chief Product Officer. This is the first senior appointment by Paul Burmester, who joined as ValidSoft's new CEO in November 2013, as he strengthens the management team with the experience and skills required to lead ValidSoft through its next phase of growth. Mr. Kelly brings over 20 years of experience, accelerating growth in technology businesses from start-ups to corporations, in a range of leadership roles focused on products and services. At ValidSoft, Mr. Kelly will lead Product and Development Teams, defining and executing product and services strategy, building on the existing wealth of intellectual property and the unique capabilities ValidSoft has already developed. Previously, in his role as the Senior Vice President for Product Marketing and Solutions at SpinVox (now known as Nuance Communications Inc.), Mr. Kelly led the product marketing and solutions team, defining innovative propositions and business models for this market leader in speech technology products and services. More recently, in his position as the Director of Products and Services at Sage Group plc, Mr. Kelly focused on developing and executing a strategy to migrate the product portfolio online and create a consistently intuitive and reliable user experience across the portfolio. Mr. Kelly consistently demonstrated his ability to increase revenues while leading three business units as the regional director for South America at LogicaCMG Telecoms (now known as CGI Group Inc.). As Senior Vice President at Airwide Solutions, Mr. Kelly was part of the leadership team that successfully led the sale of Airwide to Mavenir Systems, a global leader in IP communications.

ValidSoft Announces Executive Changes

Elephant Talk Communications Corp. announced that, following an extensive search, it has appointed Mr. Paul Burmester to serve as Chief Executive Officer of the ValidSoft. Mr. Burmester will take over for Mr. Pat Carroll, the founding CEO of ValidSoft, who will assume the role of Executive Chairman, succeeding Mr. Phil Hickman, who for a period of time doubled as Executive Chairman of ValidSoft and a member of the Board of Directors of Elephant Talk. Mr. Burmester brings with him a wealth of experience in successfully developing companies for mainstream commercial success. He has to date been a driving force in growing six previous early stage technology companies through to global market recognition and successful exits. He has been an effective senior executive with extensive general management, sales, marketing, operations and business development experience in the international high-technology environment. Mr. Burmester has an excellent track record in developing and leading companies and teams in the IT, Multimedia, Telecom and Wireless industries. He is experienced in building small and medium businesses, pre and post IPO stage, managing change within corporations of all sizes and defining and implementing strategies to achieve and exceed planned growth and establishes market leadership and increased shareholder value.

ValidSoft Limited and Ven Partner to Bring Advanced Cyber Security and Identity Theft Protection Solutions to Virtual Currencies

ValidSoft Limited announced a new partnership with Ven. Following a stringent technical evaluation process, ValidSoft was selected by Ven for its state-of-the-art, specialized purpose security architecture SMART(TM) (Secure Mobile Architecture for Real-Time Transactions(TM)) to underpin its own advanced consumer offerings in social networking and virtual exchange. The derivative platform, known as SMARTvc(TM), is aimed specifically at addressing inherent security needs in virtual currencies - subscription, management, administration - and ensuring the integrity of transactions resulting from the global usage of virtual currencies where authentication, privacy and/or data integrity is paramount. Ven will debut platform extensions featuring scalable security solutions later this year with an expanded set of consumer offerings with corporate partners.

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