Consumer authentication solutions provider myPINpad has snagged a major industry figure for its board of directors. Phillip Dunkelberger, CEO of Nok Nok Labs, is now on the board’s roster.
Dunkelberger was a co-founder and CEO of PGP Corporation, an enterprise data protection company that was acquired by Symantec in 2010. He went on to become CEO of Nok Nok Labs, a leading digital security and authentication company, in 2013; and of course that company was a co-founder of the FIDO Alliance, which myPINpad recently joined. Dunkelberger is thus very well-connected in the industry, and brings with him a wealth of relevant experience, which he’s going to use to help the company with its strategic positioning and distribution planning.
In a statement, myPINpad CEO Philip King said Dunkelberger’s “relationships, knowledge and expertise in security, identity management and authentication will assist us in driving our vision forward,” adding that his appointment is part of a broader effort “to strengthen our board of directors from a technology development, sales, payments and financial services perspective.” For his part, Dunkelberger commented that myPINpad’s tokenisation system for cardholder PIN data is “a very innovative product,” with the “genuine capability to deliver multi-channel authentication in a FIDO compliant manner, well beyond the secure entry of a card holder PIN for global payments.”