ID Global Solutions Corporation IDGS

ID GLOBAL SOLUTIONS CORPORATION
IIM Global Corp
160 East Lake Brantley Drive
Longwood, Fl. 32779
Phone: (407) 951-8640
http://iimglobalcorp.com/

Thomas R. Szoke CEO
Charles D. Albanese CFO
Ricky Solomon

Audited Financials Audited

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Authorized Shares 300,000,000 a/o Mar 31, 2015
Outstanding Shares 164,300,789 a/o Mar 31, 2015
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float a/o Mar 31, 2015
Par Value 0.0001
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CIK 0001534154
Fiscal Year End 12/31


About Us

At IIM Global Corp, innovation in technology is our passion, and it shows in everything we do. While other tech companies are stuck in competition with each another, IIM Global is rapidly rising above and moving toward the future. How? We don’t just imitate and repackage other companies’ products: we create brand new ones.

The Company is developing biometric products and solutions for global Government, Enterprise, and Consumer markets. The Company is planning to focus in two specific technology areas: biometric handheld identification and biometric mobile payment. The Company’s objective is to focus on two distinct markets, one being the Government market requiring solutions for addressing its security and associated identity management needs and the other the Consumer Mobile Payment market which is looking to define non obtrusive but highly secure solutions used for credit and debit card payments that can incorporate biometric technologies.

To address these markets the Company hasinvested into patenting and developing both hardware and software platforms focused to address these specific market requirements.


How it Works?

Background

Today there are different methods provided by Issuers (banks that issue consumers credit cards) to perform Cardholder Verification. These methods depend on the type of card that is being used, i.e. old Magnetic Stripe cards, or new Chip Cards. Our solution provides a method of Cardholder Verification which conforms to these standards.

We provide Cardholder Verification within the current set of rules as defined by the Card Associations, making our method an enforceable solution to Issuers risk of loss mitigation.

We work with Issuers (Banks that issue credit cards). The bank can select the way it wishes for a card holder to verify their identity, and this method is programmed into the chip card that is sent to the card holder. For example, the card can be configured to ask for a Pin, or a Signature at time or purchase. This is known as Chip and Pin or Chip and Sign. The rules and the standards allow for the bank to choose other ways as well, they simply enable them in the chips of the cards they issue to consumers.

Our Solution Uses the Information Programmed Into the Chip Card by the Bank and:

Provides a level of security that is considered one of the highest in the IT Industry and applies it to the Credit Payment Transaction process, while conforming to all of the defined rules and methods of the international standards and card associations.

Eliminates the threat of a Man in the Middle attack to the Acquiring Network (This is the network used by the Point of Sale terminals to connect to the banks), by using a different channel (Not the same network the Point of Sale terminal uses) to verify the card holders identity.

Uses a specialized dynamic pin method to proactively validate the cardholder identity through the cardholders mobile phone during the point of sale process.

Can use the Finger Print authentication on the mobile phone (if the phone is equipped with the FP sensor) to further enhance the level of security of our specialized dynamic pin method of identity validation.

Can be used on all types of Smartphones ( IOS, Android, Windows) and runs as a background application that is integrated into foreground applications.

Is complimentary to existing payment applications and solutions, by adding a superior level of security that is focused on Cardholder Identity Validation.

Value Propositions

Issuer (Bank Issuing the Credit Card) - Risk of Loss mitigation. Under cardholder laws the Issuer is responsible for fraudulent transactions. They have to cover these costs and benefit directly by additional security in the process, as long as it is conforming to the defined card association rules.

Acquirer (Network running the Point of Sale Terminals) - Reduces chance of fraudulent transactions in the network.

Gateway/Mobile Platform Providers (Value added supplier of payment services to merchants) - Reduces chance of fraudulent transactions to the merchants they service.

Merchant - Reduces potential of charge backs (refunds the must process due to fraudulent transactions). This costs merchants money and many times consumer loyalty. What happened at Target is a good example of this.

Consumers - Reduces risk of fraudulent transactions using their credit cards. Could receive additional compensation from Issuers as incentives.