Elephant Talk Communications, Inc. (ETAK)

[solarity]

Yahoo board post from stock77investor:

Worth remembering is not only does ETAK's Validsoft division have its VALID-POS credit-card fraud solution, which Visa Europe signed and contracted with in November of 2010 to begin utilizing and implementing this QTR. with its 4000 member banks (http://www.visaeurope.com/en/newsroom/ne... ), but ETAK's Validsoft also has another prominent security/fraud solution (VALID-4F), which I believe is in the midst of becoming a unique and resounding success.

This second ValidSoft product (VALID-4F) will help governments and banks deliver services, such as benefit and welfare payments, more efficiently and cheaply. ValidSoft's VALid-4F™ system uses four types of authentication to verify identity using a mobile phone, saving everyone time and money.

The VALid-4F™ system first checks to make sure that the person has a registered cell phone that's been authenticated. The banks or governments may use the voice verification software together with the additional 'invisible' checks to ensure that it's really you when conducting financially-related and mobile transactions.

Without question there is a huge world-wide market for Validsoft's technologies. Already Visa Europe has recognized as much and is now implementing VALID-POS to help authenticate cc transactions and prevent fraud. And, as the world is moves towards mobile money, touchless transactions, and the mobile wallet, I believe ETAK and Validsoft's suite of security and fraud-prevention products will be one of the major players in providing the best secure solutions for the mobile and 4G transition.