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RISK IDENT crowned back-to-back FinTech Breakthrough Awards champion

RISK IDENT crowned back-to-back FinTech Breakthrough Awards champion

 

We are happy to announce a consecutive win at the FinTech Breakthrough Awards. After we took home the Best Financial Transaction Security Company award last year, we’re absolutely thrilled to be adding another prestigious trophy to the cabinet this year: Best Fraud Prevention Company.

Not only is it a respected award category to win, but the competition was toughest yet – the awards committee deliberated on more than 3,500 nominations from companies doing amazing things in financial technology all over the world. We’re thrilled to be the chosen winners for our sophisticated data analytics and industry successes to-date.

Commenting on the great news, our Managing Director, Piet Mahler, said: “Claiming this title is a real highlight and a great expression of the team’s tireless work.

It is particularly warming to receive this recognition from the FinTech Breakthrough Awards, which put emphasis on companies’ beginnings and pioneering qualities. We are proud of our journey at RISK IDENT – from a start-up foundation 6 years ago to the Best Fraud Prevention Company. This award is only possible with a growing team of experts and we are proud of this development.”

Our key products, FRIDA and DEVICE IDENT, were favoured by the judges for being fast-acting and powerful, allowing fraud managers to track potential fraud in real-time.

In short, FRIDA is an intelligent all-in-one solution that uses data analytics and machine-learning to analyze transactions. It will continuously adapt to changing fraud patterns. Meanwhile, DEVICE IDENT is a first-class fingerprinting technology that calculates a risk score to every device.

The FinTech Breakthrough Awards recognize the top companies and products in the financial services and technology industry today. We’re proud to be among this year’s winners from other categories, such as HSBC, Mastercard, Adyen, Credit Suisse, TD Securities, Gusto and American Express.