Data Privacy and Synthetic Fraud startup helps enterprises meet Data Privacy compliance and prevents significant financial losses caused by Frankenstein Identities.
Current Status
We made good progress with the enterprise on-premise model(customers we knew). We are launching our products on cloud platforms in the next few weeks to expand our customer base globally. We recently partnered with Microsoft and Snowflake to host our products on their marketplace both companies will market our products through their global partner network.
Problem or Opportunity
Enterprises are unable to protect their customer’s sensitive and personal data(PII) and meet data privacy compliance. Global penalties are over $10 billion and increasing.
Significant financial losses are being incurred with the advent of synthetic fraud; the fastest growing financial crime inflicted using Frankenstein identities.
Global synthetic fraud losses are over $1 trillion and increasing.
Solution (product or service)
Our products are built upon an Artificial Intelligence and Machine Learning technology platform that uses hand coded models and algorithms built within its patent pending Cognoscible Computing Engine® to deliver previously unsolvable, humanly impossible and hyper accurate solution.