OneSpan recognized for its intelligent adaptive authentication solution

Frost & Sullivan has recognized OneSpan with the 2019 Global Customer Value Leadership Award in the risk-based authentication industry based on its ev​aluation of OneSpan’s Intelligent Adaptive Authentication solution which enables real-time fraud detection for banks by using AI-based machine learning and pre-configured, customizable rule sets to analyze and score transaction data.

In its report analyzing the authentication solution, Frost & Sullivan noted OneSpan’s client support and customer success teams as a clear differentiator.

“OneSpan’s dedicated customer success team creates an exceptional onboarding experience through its financial industry and technical expertise,” explains Danielle VanZandt, Security Industry Analyst, Frost & Sullivan. “Frost & Sullivan’s research analysts were impressed with OneSpan’s ability to implement new platform features and capabilities based directly on customers’ and partners’ suggestions and needs, earning the trust and business of clients and partners alike.”

“We are seeing our global banking customers prioritize intelligent authentication technologies in their fraud prevention measures, a trend which is further confirmed by our survey of executives from leading financial institutions,” added OneSpan CEO, Scott Clements. “This award validates our ability to help banks reduce fraud and provide their customers with a compelling and secure the digital customer journey.”

A pair of new nominees for the OneSpan board of directors will be considered at the company’s annual stockholder meeting on June 12, 2019.

Article Topics

artificial intelligence  |  authentication  |  banking  |  biometrics  |  fraud prevention  |  Frost & Sullivan  |  OneSpan