How they describe themselves: Bad things happen to good people. At NetGuardians, we are dedicated to make the world a safer place by developing cutting-edge analytics technology. We foster a culture of innovation that we share with our customers. Named a Gartner Cool Vendor in 2015, NetGuardians is a Swiss FinTech company enabling banks to beat fraud and automate compliance. Our software leverages Big Data to correlate and analyze user behaviors across the entire bank system – not just at the transaction level. NetGuardians has a growing client base in Europe, the Middle East, Africa, and Asia. We have offices in Switzerland, Singapore, Kenya, and Poland.
How they describe their product/innovation: How to detect fraud before it happens and identify the fraudsters with 100% reliability? Banking fraud costs an estimated $67 billion per year. 70% is internal. Most remains undetected. It takes 18 months on average to discover a fraud case. Often it is too late. Our software platform is different. We will show you how FraudGuardian continuously analyzes user actions across the entire banking channels, IT layers, and financial transactions and detects fraud in real-time using dynamic profiling, pattern-based intelligence, and predictive analytics. Running like a Swiss clock-work, it tracks and audits all user actions and instantly sends alerts when there is an atypical activity, enabling banks to take a proactive risk mitigation approach.
Product distribution strategy: Direct to Business (B2B)
Bus. Dev.: Joel Winteregg, CEO & Co-Founder & Raffael Maio, COO & Co-Founder, email@example.com
Press: Mine Fornerod, Digital Marketing Manager, firstname.lastname@example.org