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The company was founded in 2003 by its current CEO, Patrick Carroll.
The company provides business-to-business mobile security and cloud security products, including a multi-factor authentication platform called SMART (Secure Mobile Architecture for Real-time Transactions), which uses mobile telecommunication channels and devices and includes a proprietary voice biometric engine. These solutions are designed to reduce electronic fraud and safeguard consumer privacy when using internet and mobile banking, credit/debit-card and (mobile and fixed line) telephony channels. ValidSoft's products are designed to verify the authenticity of both parties to a transaction (Mutual Authentication), ensure the fidelity of telecommunication channels (Secure Communications), and confirm the integrity of transactions themselves (Transaction Verification).
- "ValidSoft Voice Biometric Technology Comes of Age - LONDON, Feb. 12, 2013 /PRNewswire/". Prnewswire.com. Retrieved 2013-12-17.
- Schicktanz, Julie (2013-05-15). "ValidSoft Uses "SMART" Technology to Protect Mobile Payment and MBanking Transactions". Finovate. Retrieved 2013-12-17.
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