Anti-fraud and authentication specialist Callsign has a prominent new partner: the startup has announced that it has been selected by Visa to provide its solutions through the Visa Fintech Partner Connect program.
The development reflects the growing popularity of behavioral biometrics in the financial services sector. The technology is a central component of Callsign’s solution, which also supports device fingerprinting and geolocation to passively protect against fraud. These anti-fraud mechanisms are complemented with multi-factor authentication tools for instances in which active end user authentication is appropriate.
Callsign’s agreement with Visa will cover the latter’s partner network in Europe, offering Callsign’s security technology to merchants, banks, and other entities in Visa’s card ecosystem.
In a statement, Callsign Chief Commercial Officer Amir Nooriala highlighted the increased need for strong authentication and anti-fraud tools in the wake of a pandemic that has accelerated the financial services sector’s shift into digital channels.
“Financial services organisations are looking for the technology that provides the most secure, accurate and seamless user experience to incorporate into their solutions,” he said. “We are pleased to be joining the Visa Fintech Partner Connect to work with Europe’s leading fintechs.”
The COVID effect seems to have been a boon to Callsign’s business so far. Last summer, the company stated that it had experienced “hyper growth” after the COVID-19 outbreak, when it was seeking to build on that momentum with the appointment of a US-focused senior advisor to its leadership team.
More recently, Callsign raised its profile through its inclusion in the World Economic Forum’s Global Innovators Community, an acceleration program for startups that offers potentially important networking and collaboration opportunities with leading organizations.
October 7, 2021 – by Alex Perala