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Paygilant

Frictionless Fraud Prevention and Detection for Digital Banking
Startup Mature Founded 2015 Cyber Security
Last Update Sep 7, 2024 · Claimed

Paygilant News

11 articles
Oct 24, 2022 · www.jpost.com
growth-negative
Even the world’s greatest cybersecurity is no match for human error
The article discusses the ongoing problem of phishing scams in the cybersecurity field. While cybersecurity companies have made advancements in protecting user privacy and data, phishing attacks continue to be effective due to human vulnerability. Paygilant, a cybersecurity startup, is mentioned as one of the companies implementing methods to prevent phishing scams. The article emphasizes the importance of personal responsibility in preventing phishing attacks and lists best practices for users to follow. Overall, the impact of the article on Paygilant is growth-negative, as it highlights the ongoing challenge of phishing scams in the cybersecurity industry.
Customers
growth-positive
Interview With Ziv Cohen - Paygilant
Paygilant, a cybersecurity company, specializes in addressing fraud threats in the new banking landscape. The company helps FinTech companies avoid money loss due to fraud attacks while providing a seamless user experience. Ziv Cohen, the CEO of Paygilant, discusses the importance of cybersecurity and the need for a good VPN to protect personal and company information. He also highlights social engineering and government cyberattacks as major threats. The COVID-19 pandemic has accelerated the transition to digital channels, increasing the volume of transactions and attracting more fraudsters.
CustomersPartners
Nov 15, 2020 · www.geektime.com
growth-positive
Israeli anti-fraud technology powers digital banking at the foothills of the Inca empire
Israeli startup Paygilant has formed a partnership with Banco de Comercio, a private bank in South America, to provide fraud prevention and frictionless customer experience for Peruvian customers. Paygilants digital fraud prevention platform uses proprietary intelligence sets to analyze data and provide real-time risk scores. The partnership aims to enhance Banco de Comercios digitization efforts and ensure secure and accessible services for its customers. Paygilants CEO, Ziv Cohen, expressed confidence in the partnership and emphasized the importance of fraud prevention in the new digital platform. The article highlights the increased digitization in various industries due to the COVID-19 pandemic and the vulnerability of online transactions to fraudulent activity.
Partners
Jul 16, 2019 · www.scanovate.com
https://www.scanovate.com/kyc-differs-customer-verification-2-2/
Jan 21, 2019 · paymentweek.com
growth-negative
Paygilant: You Need More Than Behavioral Biometrics in Mobile Payments Payment Week
A new report from Paygilant suggests that a behavior-based biometrics platform alone is not enough to secure mobile payments. Customers want both convenience and security, but too much security can eliminate convenience. Biometrics, such as voiceprints or thumbprints, were initially seen as the ultimate solution, but they can be simulated by hackers. The study highlights the need for multiple security methods and continual refinement to ensure system safety.
Customers
Dec 17, 2018 · paymentweek.com
growth-negative
Paygilant Tackles the Issue of Sluggish Mobile Payments Adoption Payment Week
Paygilant, a mobile payments company, discusses the lack of adoption of contactless payments in the United States compared to other countries. The company suggests that the US market has not seen the benefits of contactless payments and lacks a strong value proposition. Additionally, security concerns have deterred potential users. Paygilant emphasizes the importance of addressing the value of mobile payments to increase adoption rates.
Customers
Neutral
Plug and Play Fall Startups 2018
The article provides a list of companies across various sectors including Brand & Retail, Cybersecurity, Fintech, Food & Beverage, New Materials & Packaging, and Supply Chain & Logistics. Each company is briefly described along with a link to their respective websites. The companies range from those offering installment payment products, data engineering platforms, dynamic creative solutions for video and display ad automation, to those providing mobile banking toolkits for freelancers and entrepreneurs, and companies producing functional vegan food ingredients.
CustomersPartners
Dec 21, 2017 · www.ibm.com
Transforming the digital payment experience with IBM Cloud
Dec 21, 2017 · www.hhs.se
the next wave of fintech
Sep 18, 2017 · www.prnewswire.com
growth-positive
The Mobile Wallet (TMW) Selects Paygilant to Protect its Customers Against Fraud
Paygilant, a frictionless on-device solution for mobile payment fraud detection, has been selected by The Mobile Wallet (TMW) in India. TMW is Indias first complete payment solution that offers a fully functional mobile payment service. Paygilants technology will help TMW combat mobile payment fraud and create a safe environment for its customers. The existing fraud detection process, which combines authentication, tokenization, and legacy backend systems, allows fraud to go undetected. Paygilants solution aims to improve this process and increase customer trust. Mobile payment fraud is a growing concern globally, and in India, fraudsters have already compromised millions of debit cards. Paygilants on-device solution detects fraud in the pre-transaction stage, minimizing fraud and customer authentication friction.
Customers
Apr 5, 2017 · www.pymnts.com
Paygilant Tool Reduces Mobile Wallet Costs