FinovateSpring 2010 / Silver Tail Systems
How they describe themselves: Silver Tail Systems provides next generation fraud prevention to protect websites against the latest threats that cost financial institutions and e-commerce companies hundreds of millions of dollars a year. Silver Tail Systems products use real-time behavior analysis to detect and alert on known threats and new behaviors like Man in the Browser and Zeus, then enable the business to disrupt these attacks in real-time. These solutions can be delivered on-premise or as a service. Founded by fraud prevention experts from eBay and PayPal, Silver Tail Systems significantly reduces online fraud losses, protects your institution, and increases customer trust.
What they think makes them better: Most financial institution (FI) websites employ third party applications for functions like bill pay, personal finance management, etc. All transactional information about activity performed on the third parties’ web servers is not available to the FI for days, if at all. Despite this lack of visibility, the FI is liable for any fraud occurring there. Silver Tail Systems’ Junction Master with Active Visibility and Control Technology (AVCT) gives FIs instant visibility of all activity on third party sites and the ability to divert in real-time any fraudulent session. FIs now have visibility and control of the activity on the third party services so they can stem the fraud happening through these applications.
Bus. Dev.: Tim Eades, CEO, 650-649-0125, email@example.com
Sales: Paul McGowan, VP of Sales, 650-649-0122, firstname.lastname@example.org
Press: Laura Mather, Ph.D., Founder/VP Prod. Mktg, 650-649-0121, email@example.com