'VALid®' to provide Out-of-Band multi-factor authentication and transaction verification
LONDON, UNITED KINGDOM, 23 June, 2010: ValidSoft (www.validsoft.com), the global supplier of
authentication and transaction verification solutions and a subsidiary of Amsterdam-based Elephant Talk Communications Inc. (OTCBB: ETAK.OB; www.elephanttalk.com) today announced an agreement with Cumberland Building Society (www.cumberland.co.uk), the 15th largest building society in the UK with assets exceeding £1.5billion, to incorporate ValidSoft's VALid® solution technology into a new secure transaction service. Cumberland Building Society is a mutual organisation owned by its savers, borrowers and current accounts holders and follows a similar model to community banks in
the US.
