ViaCarte Partners with Leading Security Firms to Launch Advanced Privacy Solution

ViaCarte Partners with Leading Security Firms to Launch Advanced Privacy Solution

NASSAU, BAHAMAS, August 26, 2024 —
ViaCarte, a prominent payment technology provider authorized to issue and acquire via the Visa and Mastercard networks, has officially unveiled its latest innovation, the Identicate™ privacy protection solution for cardholders. This initiative is the result of a strategic collaboration with cybersecurity leader Norton and esteemed global insurer Lloyds of London.

Identicate represents a significant advancement in the realm of privacy protection for both fiat currencies and digital assets, seamlessly integrating Insurtech and fintech elements. This comprehensive solution not only safeguards against financial losses but also addresses reputational risks associated with potential breaches of personal identity data.

“Operating in cyberspace presents thrilling opportunities for engagement, commerce, and creativity; however, it is accompanied by various hidden hazards,” remarked Mr. Eleuren Mendez, Director of Risk and Compliance at ViaCarte. “Our industry faces a critical gap in card security. The proliferation of data breaches has resulted in numerous instances of card loss, theft, and hacking. Most troubling is the issue of identity theft. A proactive response was essential to address these threats.”

Mr. Mendez further emphasized, “Our clientele deserves protection irrespective of their location. Consequently, we are proud to introduce Identicate, an innovative privacy monitoring solution that ensures cardholders enjoy peace of mind around the clock.”

Clients of ViaCarte may opt to incorporate Identicate, which fortifies their defenses against theft, fraud, and data loss in digital environments. This service encompasses continuous monitoring of the dark web and timely notifications regarding data breaches involving sensitive information such as social security numbers, credit card credentials, mobile numbers, email addresses, and bank account details.

The Loss of Funds Benefit feature protects cardholders against financial losses stemming from device theft or data compromise, financial extortion, or the unauthorized exposure of login information. Additionally, Identicate offers a spectrum of legal, restitution, and psychological support services tailored to cyber-related threats.

“The notable shift in consumer behavior towards digital payment systems is largely positive; however, such changes inherently carry certain risks,” stated Mr. Ty Forbes, Managing Partner at ViaCarte. “As individuals expand their digital presence, their vulnerability to threats such as identity theft, hacking, and fraud similarly increases. With Identicate, ViaCarte endeavors to create a secure environment for clients to embrace the conveniences of social media, online banking, e-commerce, and free spending without concern.”

Developed in conjunction with Lloyds of London — the world’s preeminent insurance market — and Norton, a venerated name in global cybersecurity, Identicate also includes educational resources aimed at enhancing cybersecurity awareness and prevention measures, including training on phishing and ransomware threats.

ViaCarte is renowned for its cutting-edge technology and web interfaces, providing unmatched access to white-label card solutions, digital wallets, and enhanced benefit programs in over 135 currencies across 111 countries. As a subsidiary of Financiera Via Carte based in Panama, the company holds principal member licenses for issuing and acquiring through both Visa and Mastercard, serving a diverse clientele encompassing numerous enterprises and individuals.

For further inquiries or to request a complimentary consultation, interested firms and individuals are encouraged to reach out to ViaCarte through their website at http://www.viacarte.com and follow ViaCarte’s LinkedIn page for the latest developments in the industry.