How they describe themselves: BankGuard has developed SuperMatrix, a countermeasure technology against cyber attacks to internet banking system, and SuperMoney, money settlement system with biometric palm authentication. Super Matrix is to be introduced to nation-wide internet banking platform for 270 small financial institutions in Japan. SuperMoney will soon be tested for verification with six regional banks. BankGuard has passed a couple of global FinTech contests such as StartBootupCamp, FinovateAsia, and FinDEVr Silicon Valley.
How they describe their product/innovation: SuperMatrix: Protect from Man-In-The-Middle Attach with a printed chart of random images.
SuperMoney: Authenticate the person by its palm lines and transfer money between bank accounts. World first debit system without reader/card.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed