Because of low cost and ease of use, wireless networks have achieved global ubiquity for communication and the transmission of data. By utilizing radio signals, wireless networks eliminate the expense of using wires or cables for communication within homes, between various equipment locations, for telecommunications networks, and for business communications and data transfer.
Wireless networks of all sizes deliver data in the form of telephone calls, web pages, and streaming video, but a wireless wide area network (WWAN) requires different technology than a local area network. Because radio communications systems don’t provide a secure connection path, wireless wide area networks need special encryption and authentication methods to make them secure. This is especially true since so much important and sensitive financial data and information is transmitted regularly across WWANs.
Billions of consumer finance and payment processing transactions are transmitted across WWANs every day. These transactions remain vulnerable without state-of-the-art encryption and authentication systems, jeopardizing businesses and consumers alike. Mobile Lads (MOBO) delivers a variety of technologies that make these wireless transactions secure and convenient.
Mobile Lads designs and delivers secure wide-area wireless transaction software solutions tailored to the consumer finance and payment processing industries and provides seamless access to time-sensitive information and data on multiple network standards through its Xtreme Mobility division which owns the patent on a system to verify mobile transactions via a secure two-way verification process. Xtreme Mobility’s current technologies include xmVerify, xmBilling, and xmOne.
Compatible with almost all mobile platforms, xmVerify operates in real-time to combat credit card fraud. The technology employs one of the highest cryptographic standards available, while the security algorithm and application are designed to operate on the limited battery and computational power of mobile devices.
xmBilling is a mobile platform that provides customers with a convenient and secure way to review and authorize automatic billing transactions. The state-of-the-art system sends the user a text message with a URL leading to an online e-bill where they can review details of the bill and authorize the payment via credit card with the use of their PIN number.
The xmOne mobile platform provides multiple encrypted mobile services, including top-up, payment processing, emergency notification and marketing, ideal for students and higher education facilities.
The Mobile Lads management team has decades of in-depth technical expertise in wireless channel communications plus a solid background in business strategy and consumer analysis. With their penchant for wide-area wireless security solutions and a suite of proprietary and patented products, Mobile Lads could fast become the leader in a burgeoning global market.
For more information, visit www.mobilelads.com
Let us hear your thoughts: Mobile Lads Corp. Message Board
