4Stop ("FourStop GmbH") , a
leading global provider for KYB, KYC, compliance and fraud prevention,
announces its selection within the Cybertech100. This list is composed
of the top 100 globally recognised most innovative providers of digital
solutions of 2020, providing world-class cyber defences to financial
institutions.
CyberTech is one of the fastest-growing sectors within the FinTech industry, with FinTech Global data showing investment in the space has grown 14x since 2014 to reach $3.4 billion last year. That surge in activity comes as financial services firms are
increasingly moving towards digital operations and expanding their
security budgets. According to a study by Gov.uk, finance and insurance
firms increased their spending on cybersecurity by 23% YoY in 2019. Given the considerable rise in appetite for the sector, the
CyberTech100 was produced to identify the 100 innovative companies that
every financial institution needs to know about when they consider and
develop their information security and financial crime-fighting
strategies. The standout companies were chosen by a panel of industry experts and
analysts who reviewed a study of over 1,000 CyberTech companies
undertaken by FinTech Global,
a data and research firm. The solution providers making the final list
were recognised for their innovative use of technology to solve a
significant industry problem, or to generate cost savings or efficiency
improvements across the security value chain. FinTech Global director Richard Sachar said, "Established financial
institutions need to be aware of the latest security technology in the
market to protect their organisations from data leaks and cyberattacks. "The CyberTech100 list helps senior management filter through all the
vendors in the market by highlighting the leading companies in sectors
such as Threat Management, Data Governance, Cloud Security, Employee
Risk and Fraud Prevention," he added. 4Stop
was selected within the Cybertech100 for their leading KYB, KYC and
compliance services, paired with their proprietary anti-fraud technology
and data science, all available from a single API. They are
establishing a real all-in-one solution for optimal risk management and
fraud defence world-wide in a fail-safe, modern and future-proofed
manner. Through one API, businesses have access to thousands of
aggregated global data points and hundreds of premium global KYB and KYC
data services. Bringing them the agility they need to enable data
services when and where they require them with minimal to no touch on
their operations and IT departments. Businesses can create fully
customisable workflows with dynamic decision-making frameworks, receive
advanced monitoring intelligence and fully automate their KYB, KYC and fraud defence.
Entities can confidently anticipate risk and be empowered to make
well-informed decisions, backed by quantifiable data to manage
regulatory obligations and fraud risk resulting in accelerated
business performance regardless of our online ecosystem evolution or
regulatory advancements. The CyberTech100 list is available at www.CyberTech100.com. More detailed information about the companies is available to download for free on the website. Source - https://www.newswire.com/news/4stop-selected-in-cybertech100-for-2020-21153758
Company Name | Contact Person | Contact Number | Email Id | Website | Address |
---|---|---|---|---|---|
FINTECH GLOBAL |
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