back Back

Cybertonica and Acuris Risk Intelligence to combat payment data fraud

By Megha Bhattacharya

April 14, 2021

  • Cybertonica
  • UK
Share

cybertonicaRisk management and fraud prevention company Cybertonica today announced a partnership with Acuris Risk Intelligence with an aim to integrate Cybertonica’s real-time behavioural biometrics platform with the Risk Intelligence flagship fraud product Cybercheck. The combined solution is expected to bring together data points and models for cyber risk and compliance.

Joshua Bower-Saul, CEO and Co-Founder of Cybertonica, commented, “Cybertonica’s innovative technology and frictionless approach to fraud detection and authentication made our partnership with Acuris Risk Intelligence a natural fit. Enabling instant cyber checks, seamless transaction monitoring, and threat intelligence in real-time is key to lowering overall fraud rates for businesses at a time when rates are expected to soar by 25% in the next few years alone. Cybertonica’s solution enables the ARI’s Cybercheck platform to do exactly that – bringing all the risk operations and events analysis to a single hub. ”

Cybercheck will be joined by Cybertonica’s intelligent platform, thus enabling the two companies to open new markets to their combined product catalogue. Acuris Risk Intelligence’s Cybercheck platform allows businesses and individuals to identify whether their company information, staff credentials, vendor or client details have been compromised by criminals or sold on dark web forums.

Cybertonica’s clients now will be able to utilise the new data models available through this partnership to make their businesses, systems and domains more reputable and secure.

Joel Lange, Managing Director, Acuris Risk Intelligence, said, ‘’With our experience with millions of queries in KYC and compliance, and Cybertonica’s expertise of managing billions of transactions and cyberthreats, the partnership brings together the ideal customer experience in continuous authentication and real-time alerts. Cybertonica protects real-world identities by using its behavioural biometrics to passively match a user to specific behavioural models in less than a second using advanced data science and risk based authentication technology.’’

Previous Article

April 14, 2021

Prexle a Saudi FinTech start-up raises $670,000 in seed round

Read More
Next Article

April 14, 2021

Digital-first FinecoBank rolls out new ISA product for savers

Read More






IBSi Daily News Analysis

UK, Bank

July 12, 2024

Cybertonica

Global securities lending revenue sees sharp 16% decline to $2.53bn in Q2 2024, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 12, 2024

DCB Bank taps CyberArk to deliver secure services to customers

Read More

July 11, 2024

Signzy brings 2G enabled VKYC to propel financial inclusion in rural India

Read More

July 11, 2024

CaptainBiz launches unlimited e-Invoices and e-Way bills for MSMEs

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
Wealth Management & Private Banking Systems Report Q2 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024