Behavioral Biometrics Specialist Looks to US Growth with New Advisor

“The company says that it has experienced “hyper growth” in the wake of COVID-19, as the pandemic has forced banking and retail activity into online channels and further highlighted the need for strong yet frictionless digital security.”

Callsign is looking to strengthen its presence in the US with the appointment of a new senior advisor to its leadership team.

Behavioral Biometrics Specialist Looks to US Growth with New Advisor

Ben Wallach is poised to bring a particular level of experience and expertise to the company. He has held executive roles at banking institutions including Citi, PNC, and BB&T, having served as EVP and Chief Fraud Detector at the latter. As such, he’s described as a financial fraud expert with over two decades of experience.

Callsign is highly focused on the financial services sector, offering a suite of security solutions including multi-factor authentication technologies. Behavioral biometrics play a central role in its offering, with the company’s platform using AI to assess end customers’ online behaviors and spot the signs of fraud.

The company says that it has experienced “hyper growth” in the wake of COVID-19, as the pandemic has forced banking and retail activity into online channels and further highlighted the need for strong yet frictionless digital security. The company has seen particularly strong success in Europe, and is now looking to attract more customers in the US with Wallach’s guidance.

“Ben’s extensive fraud, financial crime and cybersecurity experience is invaluable to the Callsign team,” explained Callsign Chief Commercial Officer Amir Nooriala. “His career-long dedication to enhancing the cyber-related financial fraud ecosystem will be essential as we seek to grow and meet the surge in demand within the U.S. market.”

For his part, Wallach expressed enthusiasm about working toward this goal, and lauded Callsign for “its innovative approach to delivering a frictionless user experience through ensembled, behavioral, location, Card Not Present (CNP) and device analytics”.

–

July 8, 2020 – by Alex Perala

Related News

Partners

FaceTec’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ finally make trusted, remote identity verification possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for 3D Liveness and Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

AuthenticID provides 100% automated identity verification and fraud detection solutions that are leveraged by companies worldwide, including 2 of the top 3 U.S. Banks, 8 out the top 10 wireless providers in North America, and 2 of the 3 credit bureaus. Using proprietary computer vision and machine learning technology, these solutions help companies accurately verify the identity of their users across retail, digital and call center environments for onboarding and ongoing re-authentication events; KYC, IAM, and more. The solutions are easy to integrate and provide customers a large ROI by stopping fraud losses, increasing customer conversion at onboarding, reducing operational costs and allowing quick and cost-effective operational scalability, all while ensuring global privacy regulations are complied with. https://www.authenticid.com/

Anonybit is a privacy-focused technology platform that provides decentralized solutions for securing personal data, particularly biometric information. Rather than storing sensitive data in centralized repositories, which are vulnerable to breaches, Anonybit uses a distributed architecture that breaks data into smaller encrypted bits and stores them across a network of decentralized nodes. This approach ensures that no single entity has access to the full dataset, enhancing privacy and security, even preventing insider threats. Anonybit is used by leading banks, fintechs and other enterprises for critical biometric identity functions like deduplication and blocklist checks, step up authentication, passwordless login and account recovery https://anonybit.io/

Identity Week aims to be a significant identity industry catalyst. It’s our mission is to help accelerate the move towards a world where trusted identity solutions enable governments and commercial organisations to provide citizens, employees, customers and consumers with a multitude of opportunities to transact in a seamless, yet secure manner. All the while preventing the efforts of those intent on doing harm. https://identityweek.net/

The Biometric Digital Identity Prism is a market landscape framework designed to help influencers and decision makers understand, innovate, and implement digital identity technologies and solutions. This innovative framework for understanding and evaluating the rapidly evolving biometric digital identity marketplace is the only market model that is truly biometric-centric based on the foundational conviction that in the age of digital transformation the only true, reliable link between humans and their digital data is biometrics. https://www.the-prism-project.com

ID R&D is an innovator of biometric facial liveness, document liveness, and voice biometrics. Ranked #1 by NIST, our patented passive approach to liveness, and specialized detection of voice clones, injection attacks and deepfakes, empowers KYC and authentication systems with fast, accurate and secure biometric verification technologies. Over 140 partners in more than 70 countries are collectively processing hundreds of millions of identity checks per year. ID R&D solutions easily integrate with mobile, web, messaging, smart speakers, set-top boxes, and IoT devices. Learn more: www.idrnd.ai

“The company says that it has experienced “hyper growth” in the wake of COVID-19, as the pandemic has forced banking and retail activity into online channels and further highlighted the need for strong yet frictionless digital security.”

Related News

Footer

Follow Us