CLEW for Financial Fraud

When Alacrity's CEO, Adrian Tatham, fell victim to a string of unauthorised purchases on his credit card, he started developing a state of the art system for card holders to combat suspect 'Cardholder Not Present' transactions.

The result is Alacrity's patented CLEW (Closed Loop Environment for Wireless) technology for financial fraud. It promises a secure way to authorise and authenticate financial transactions in real time through mobile devices like PDAs and mobile phones.

With CLEW, you as a card holder can receive an alert on your internet connectable mobile device that allows you to securely view then accept or reject a transaction, as its happening. You can receive a receipt of the transaction once your instructions are complete – but unlike SMS, no information remains on the handset

CLEW means that you can promptly and securely authorise or reject suspect transactions. Finally we have a solution that gives you back control of your finances. So no more anonymous canoe purchases from Canada – which does make Adrian happy!

If you want control over credit card fraud contact Alacrity on (02) 6162 5147.


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Presentation to the Smart Services Forum by Peter Kazacos, Managing Director Business Development Telstra Enterprise and Government