New report looks at nine vendors active specifically in the areas of fraud, anti-money laundering (AML), and cybersecurity
The universe of fintech firms continues to expand, leveraging emerging technologies, data, and techniques to tackle evolving security threats, rising fraud losses, and intensifying compliance requirements in an increasingly complex environment.
In Risk Insights And Advisory Fintech Spotlight: Q2 2022—the inaugural quarterly report that looks at selected emerging fintech vendors active specifically in the areas of fraud, AML, and cybersecurity—research and advisory firm Aite-Novarica Group examines nine vendors classified by the nature of their solutions’ functionality in fraud prevention, AML, and cybersecurity, with profiles that highlight trends in the risk arena for the financial services industry from innovation, efficacy, and efficiency perspectives. The vendors profiled include Arkose Labs, Axio Global Inc., Incognia, Kenbi, Linkurious, Neuro-ID, PaymentWorks, SecZetta, and SentiLink.
“Fintech companies provide an array of solutions that address very specific risk issues in innovative ways,” said Jim Mortensen, Strategic Advisor at Aite-Novarica Group and lead author of the new report. “New data sources and technologies tend to be driving factors of the value of many fintechs. The innovation can also be related to a new approach. Several of the profiled firms took a fresh look at how established processes operate and reimagined them. These novel processes often leverage new technology, but the core value is in the new approach.”
About Aite-Novarica Group:
Aite-Novarica Group is an advisory firm providing mission-critical insights on technology, regulations, strategy, and operations to hundreds of banks, insurers, payments providers, and investment firms—as well as the technology and service providers that support them. Comprising former senior technology, strategy, and operations executives as well as experienced researchers and consultants, our experts provide actionable advice to our client base, leveraging deep insights developed via our extensive network of clients and other industry contacts. Visit us on the web and connect with us on Twitter and LinkedIn.