This post is part of our live coverage of FinovateFall 2013.
Versafe is making its way to the stage right now. The company’s solutions provide fraud protection for mobile and online applications.
“The TotALL Online Fraud Protection Suite protects the login, user profile & transaction communication between the endpoint and web and mobile applications in real-time, without requiring software download or any user involvement whatsoever.The solution leverages advanced application-layer encryption, sophisticated malware detection, and real-time behavioral analysis to proactively protect user credentials, accounts, and monies. And with several implementation models, including a rapid deployment option not requiring any application development, protection across an organization’s entire user base can begin as soon as tomorrow.Protect ALL online users. From ALL malware, threat types. On ALL devices. ALL transparently to the user.”
Product Launch: October 2010 (with several enhancements and versions since)
Metrics: 30+ customers internationally, Susquehanna Growth Equity investment of $5M, over 50 employees & over 50M online users protected. Transparently.
Product distribution strategy: Direct to Business (B2B) & via other fintech companies/platforms
HQ: Rishon Le Zion, Israel
Founded: September 2009
Presenting Jens Hinrichsen (VP, Marketing & Business Development)
The full demo video will be available at Finovate.com in mid-September.