Company Overview
Snapshot
Founded in January 2014 by Amir Fishman, Roi Fishman, Irad Gilboa, and Alon Ofir, Scanovate operates with 11–50 employees. The company has secured funding across two rounds.
Business overview
Scanovate provides an enterprise identity and compliance platform for financial institutions and governments globally. Its proprietary identity-management solution guides digital transactions securely and in compliance with regulations. The comprehensive platform offers a modular, one-stop solution for digital identity and compliance needs, streamlining processes for faster and more accurate business operations. Scanovate's technology authenticates transaction integrity by verifying user identity, validating credentials, and conducting regulatory background checks, recognizing the profit-generating potential of compliance. The company operates within the Fintech & Insurtech sector, focusing on Financial Operations Software and leveraging Artificial Intelligence, Machine Learning, and Image Recognition.
Strategic signal
In July 2019, Scanovate partnered with Paygilant, a digital fraud prevention provider, to enhance fraud prevention and identification. This collaboration integrates Scanovate's identity management solution with Paygilant's multi-faceted fraud detection methodology, shifting the industry's approach from transaction-centric to data/identity-centric. This partnership signals Scanovate's commitment to strengthening its platform's capabilities and expanding its market reach by offering a more robust, end-to-end solution for the entire user journey, from onboarding to ongoing transactions.
Log in to access full profile ›Company Intelligence Q&A
- What is Scanovate's core offering?
- Scanovate provides an enterprise identity and compliance platform based on a proprietary identity-management solution, designed to guide digital transactions securely and in compliance with regulations for financial institutions and governments worldwide.
- When was Scanovate founded and by whom?
- Scanovate was founded in January 2014 by co-founders Amir Fishman, Roi Fishman, Irad Gilboa, and Alon Ofir.
- What significant partnership did Scanovate announce in July 2019?
- In July 2019, Scanovate partnered with Paygilant to boost fraud prevention and identification. This collaboration integrates Scanovate's identity management solution to enhance data collected by Paygilant for fraud detection.
- What was a key strategic partnership for Scanovate in June 2018?
- In June 2018, Scanovate teamed up with Melissa to address onboarding and compliance challenges. This partnership integrated Melissa's data quality and identity assurance technologies into the Scanovate platform, supporting Anti-Money Laundering and fraud prevention.