This post is part of our live coverage of FinovateEurope 2014.
Next, Arxan Technologies took the stage with its mobile app shielding for financial services:
“Arxan’s mobile application hardening delivers critical defense and shielding at the application layer with static and active self-defend and tamper-proof attributes. By deploying Arxan protected apps, financial institutions can launch advanced and feature-rich mobile financial services with confidence. Our state of the art ‘Guards’ are small units of object code that “lockdown” applications with multiple and performance sensitive protection against attacks such as malware, fraud, data breach repackaging, unauthorized access, IP theft, removal of security or critical business logic – all of which would have significant consequences for financial institutions.”
Presenting Vince Arneja (VP Product Management) and Winston Bond (Security Solutions Architect)
Product Launch: October 2013
Metrics: majority private equity investment made in Arxan in September 2013, HQ in USA with global offices in EMEA and APAC
Product distribution strategy: Direct to Business (B2B)