I am just back from chairing the Florin Award Jury at The European Payment Summit 2017.
We were pleased to see some highly innovative products and services from the finalists.
ThreatMetrix was the winner of the Florin Award in the category “Architecture for Secure Transactions”.
ThreatMetrix eCommerce protection provides real-time fraud prevention tools to online merchants worldwide, while also offering the potential for a less-intrusive consumer experience. The jury was impressed with the innovation demonstrated by the ThreatMetrix Digital Identity Network, claimed to be the world first Digital Identity Graph. This maps associations between people and their devices, locations, account credentials and behaviour. Such a mapping of anonymized user identities could play a key role in fighting cybercrime while also respecting consumer privacy. The strong European orientation is helpful for the roll-out of PSD2. Their Cybercrime Threat map provides a live stream of fraud attempts that was also something the jury found credit-worthy.
Iredeto was the winner of the Florin Award in the category “Omni-channel Payments Security“.
The jury was impressed by the way that Irdeto has transformed itself over the years with the visionary leadership of founder Pieter den Tooner who established the company back in 1969. Today the company continues to play an important role in Europe while boasting a client base that includes customers worldwide. The jury especially valued the breadth of security solutions that spanned multiple industries including media & entertainment, automotive and payments. Their solutions in the area of cloakware and whitebox cryptography have a key role to play thanks to the importance of protecting Open APIs and the critical need for security across multiple devices.
Do read more about it, and check out all the finalists at http://europeanpaymentsummit.com/florin-awards/.
The conference, held at the historic Louwman Museum was very interesting.
I shall share highlights from the conference as well as our latest research on Cyber Security and Payments over the next month.