In a move announced yesterday, two fintech security players, BehavioSec and Kount have teamed up. As a part of the partnership, BehavioSec has integrated its behavioral biometrics technology into Kount’s CNP fraud management platform.
Regarding the partnership, Neil Costigan, BehavioSec CEO said, “By teaming up with Kount, we can now provide the e-commerce community with this unique behavioral technology, and work together to create a better and more secure experience for consumers across the world.”
BehavioSec’s technology leverages machine learning to verify a user’s identity by how they interact with their device. At FinovateFall 2015, the company’s COO, Olov Renberg debuted BehavioSec On Demand. The solution is a transaction-based behavioral biometrics service in the cloud aimed to help organizations control who accesses that service without compromising the integrity of companies and individuals.
The partnership between Idaho-based Kount and BehavioSec comes after BehavioSec’s expansion to the U.S. in April. Earlier this spring, BehavioSec was highlighted in Planet Compliance’s new RegTech Top 100 Power list. In late 2016, the company was one of 12 founding FINkit members. BehavioSec presented Behavioral Biometrics as a Service at our developer’s conference, FinDEVr San Francisco 2015. Our next developer’s conference, FinDEVr London is coming up on 12 & 13 June. Check out the event and register today to save your spot.