Company

Fraud is a major issue for banks and their customers. The number one problem in fraud management has always been customer authentication. Financial institutions go to great lengths to authenticate the identity of a customer. However the majority of fraud management tools provide a large volume of false positives of potential fraud. These false positives have a negative impact on both the operational efficiency of large banks and the customer experience.

The simple fact is that there are gaping holes and inadequacies in existing fraud remedies. This is why we created Finsphere. We’ve brought together an expert team with deep knowledge of the banking and wireless industries, software engineering, data centers, regulatory environments and finance. We have the guidance and backing of top tier Board of Directors and Investors supporting our goal to build a comprehensive Mobile Identity Protection™ platform. And we know there is an immediate need for a game-changing instrument to detect and stop fraud in the financial markets.