Philip Andreae helps clients understand and capitalize on the critical opportunities in Electronic Voting, Payments, Identity, Cryptography, Digital Currency, Blockchain, Authentication, and Governance. Philip has worked with an array of technologies, including security solutions, restricted operating environments like smart cards & the secure enclave, the development of international standards, and cryptography for security, identity, & authentication.

Philip enables organizations to monetize and optimize what consumers do with Mobile Phones, Mobile Wallets, and Digital Payments.  He is versed in the objects and requirements in the vast universe we call the Internet of Things.

He counsels clients on digital identity and transaction security, namely the global transformation of trust in the physical realm to trust in the digital realm. Philip develops realistic and cost-effective strategies that leverage existing systems and account for human elements while utilizing the newest, most advanced technologies.

Future Shock – noun – A concept coined by Alvin and Heidi Toffler to describe a state of distress or disorientation due to rapid social or technological change.

The “Future” is now the present. Businesses and consumers are certainly distressed and disoriented. Computers that were once the size of buildings are now small enough to sit inside a watch, a card, or even smaller objects. We feel lost and alone when we are not digitally connected. We are at risk because of the complexity of all the wonderful electronics at our fingertips.

Growth is Everywhere: Rapid technology advances are impacting every aspect of the present, including politics, law, work, social behaviors, education, healthcare, and commerce. Governments and corporations struggle to benefit from these electronic miracles while simultaneously attempting to regulate and police them. The constants are (1) change and (2) that every time we solve a problem, a new challenge takes its place.

Growth is Risky: Cyber Criminals benefit from the newest technologies, unbound by the ethical considerations meant to protect sensitive information. While banks and retailers debate whether it’s predatory to use personal information to market to consumers, hackers have no qualms about stealing the data in question: to sell for profit, to settle ideological scores with businesses or governments, or to achieve bragging rights, i.e., “I hacked it because it could be hacked.” A company’s approach to data security is a key point any prospective customer will consider.

There is massive potential for those who can harness growth and change while minimizing exposure: Today’s breakthrough technologies will be used to continue building new solutions for every aspect of our lives. Today we shop from our laptop. We bank from our phones. We socialize on a platform alongside a billion concurrent users. Each of these areas is an opportunity for those companies that learn how to leverage these technological advances into revenue-generating activities. That can rise to the security challenges that will inadvertently be created by future tech.

This is only the beginning. There was no such thing as an iPhone until 2007….. take a look at By 2019, the number of mobile phone users in the world is predicted to surpass the five billion mark. And the mobile phone is only one step toward a more connected future. The Internet of Things (IoT)—which refers to the integration of phones, traffic lights, and other physical devices, vehicles, home appliances, and anything else that can be connected and can exchange data— is expected to grow to a $7 Trillion market by 2020, with an estimated 30 billion interconnected devices meant to deliver economic and efficiency benefits for us all.

Design the present as the past of the future.

 World-changing technology requires new strategies and security approaches. However, with the breakneck pace of invention, companies face two challenges:

  1. Staying ahead of their competitors in emerging areas such as Mobile Payments, IoT and Smart Cards, and other technologies transforming the physical world into the digital future.
  2. Developing cooperative approaches to identification and authentication to ensure trust in the digital identity of new clients, citizens, and users as they engage and interact with this connected world of websites, objects, people, and things.

Philip Andreae has worked on the leading edge of Fintech and payments security for 40 years. His experience encompasses the technologies used to drive international securities trading to the emerging Blockchain-enabled use cases. His experience is reality-based, drawn from hundreds of projects—as a management consultant with Accenture and as the Principal of Philip Andreae and Associates, to his employment with VISA, Europay, Shearson Lehman Brothers, American Express, and most recently as Vice President and subject matter expert for French-based security leader Oberthur Technologies. Philip is active in many key payments and Fintech organizations, including the FIDO Alliance, where he is a Board Member and Secretary.

Philip’s extensive application of solutions to Fintech and security challenges, plus his historical understanding of the field’s evolution, allows him to present clients with numerous options to solve problems or advance new opportunities. He consults in areas including Security Strategy, New Product Development, System Architecture, Monetizing new technologies, Strategic Roadmaps, and near- to long-range business planning for clients that wish to pursue adaptable, scalable designs and tactics to secure data and build customer trust and loyalty.