March 22, 2018
March 13, 2018
Posted August 30, 2016
London — (30 August 2016)
ThreatMetrix®, The Digital Identity Company™, today reveals significant growth in its EMEA business following major customer wins, increased Network traffic and senior executive hires. Supporting and driving this growth is the rapidly expanding digitalisation of the market in financial services and ecommerce customers in the region, along with the business need to continually address evolving cybercrime attacks.
“In 2016, our business in EMEA is expanding dramatically. Organisations across EMEA have noticeably embraced a digital identity approach as an enabler to their digital transformation,” said Reed Taussig, CEO of ThreatMetrix.
Exceptional Momentum in Financial Services Market
ThreatMetrix has achieved dominance in the EMEA Financial Services markets through its ability to deliver industry-leading threat prevention and digital identity authentication to the top retail banks; large banks such as Barclays and Groupe BCPE are now working with ThreatMetrix.
The company has also seen increasing demand among online lenders and eWallet providers, with successful deployments and key references including Alfa Finance, Bondora, Paysafe Group, Wirecard and Yandex.Money.
“The ThreatMetrix Digital Identity Network has been a huge contributing factor to our success in EMEA, and enabled us to strongly differentiate ourselves from our competitors,” commented Pascal Podvin, senior VP of field operations, ThreatMetrix. “Processing more than 20 billion transactions annually, across 200+ countries, the Network is a key element in the digital transformation of many of our customers. Intelligence from the Network enables their revenue growth, on mobile as well as on the web, by understanding and trusting the digital consumer, while protecting them against cybercrime.”
Executive Leadership Strengthened with Financial Expertise
Recognising the growing need to serve the digital transformation of the EMEA banking industry, the company has hired new leaders with extensive financial expertise. These include:
Including the recent executive hires, the overall team has grown by 85 percent in just 12 months. ThreatMetrix is currently recruiting into the Customer Engagement and Sales teams in France and Germany.
Flourishing EMEA Demand for the ThreatMetrix Digital Identity Network
ThreatMetrix digital identity solutions stand apart from the competition in elevating customer experience, enabling revenue, and preventing cybercrime. In the report ‘ThreatMetrix rises above the DIN to tell you whom you’re dealing with’ (May 2016), 451 Research analyst Eric Ogren states, “The company is on a mission to help enterprises by stitching together various aspects of user interactions, including device, identity, location, and behavior, to better authenticate customers, employees and partners accessing the business through websites.”
“The fast-growing customer and partner network in EMEA contributes to the Digital Identity Network, which gets stronger with every transaction. The ThreatMetrix Digital Identity Network is recognized as an industry standard in delivering the best digital identity authentication available across the EMEA market,” added Taussig.
EMEA Companies using ThreatMetrix include:
Admiral, Bambora, Banco Sabadell, Banque Casino, Barclays, Bondora, Groupe BPCE, Commercial Bank of Dubai, C. Hoare & Co, Gumtree, Joules, Moneycorp, Nets, Paysafe Group, Swarovski, Wirecard and Zenith Bank
EMEA Success Stories:
ThreatMetrix Digital Identity Summit 2016
EMEA ecommerce and financial institutions are invited to join global business executives and leaders across the authentication, fraud prevention and threat detection disciplines at the Digital Identity Summit 2016. The global event takes place 12-14 October at the Terranea Resort in Rancho Palos Verdes, California.
ThreatMetrix®, The Digital Identity Company™, is the market-leading cloud solution for authenticating digital personas and transactions on the Internet. Verifying more than 20 billion annual transactions supporting 30,000 websites and 4,000 customers globally through the ThreatMetrix® Digital Identity Network*, ThreatMetrix secures businesses and end users against account takeover, payment fraud and fraudulent account registrations resulting from malware and data breaches. Key benefits include an improved customer experience, reduced friction, revenue gain and lower fraud and operational costs. The ThreatMetrix solution is deployed across a variety of industries, including financial services, ecommerce, payments and lending, media, government and insurance.
ThreatMetrix website in French: https://www.threatmetrix.com/fr
ThreatMetrix website in German: https://www.threatmetrix.com/de/
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