Promon is delighted to announce the partnership with XTN Cognitive Security®, a leader in security and anti-fraud advanced behavior-based solutions, to better help organizations defend against increasingly sophisticated fraud threats.
Promon and XTN push In-App protection beyond its boundaries. With this partnership, XTN will combine Promon’s app shielding technology with XTN Cognitive Security’s behavioral risk profiling and biometrics feature obtaining the strongest In-App protection technology available on the market.
XTN® Cognitive Security’s mission is to help companies and institutions protect their businesses and their customers’ sensitive data through the adoption of award-winning and multi-layered XTN Cognitive Security Platform®.
XTN Cognitive Security® CTO, Guido Ronchetti, comments: “XTN Cognitive Security Platform® provides next-generation fraud prevention and protection thanks to innovative modules that meet a wide range of security and business needs. Our partnership with Promon pushes app protection concept even further: integrating next-generation fraud prevention and protection with state of the art In-App Protection.”
“Our objective is to be the world leader in app security. We want to make applications safer irrespective of verticals and irrespective of geography,” said Gustaf Sahlman, CEO of Promon. “In today’s mobile world, where customer and data integrity is of increasing importance, we believe we can make a significant difference. To address the markets around the world we need to identify and team up with the best technology partners.”
Promon (www.promon.co) is a Norwegian firm specializing in In-App Protection. The company works across a range of industries with a variety of global Tier 1 clients, counting customers in industries such as finance, health, and the public sector. Promon’s technology is research-based and originates from the internationally recognized research environments at SINTEF and the University of Oslo. Promon’s patented In-App Protection technology Promon SHIELD™ has protected apps used by hundreds of millions of users since 2009.
About XTN® Cognitive Security
XTN Cognitive Security® develops Advanced Behaviour-based Security solutions since 2014.
Thanks to founders’ experience in cybercrime, XTN designs a new generation of Anti-Fraud solutions which allows companies and institutions to protect their business and their customer’s sensitive data.
XTN non-invasive and frictionless solutions are made unique by breakthrough Behavioural Biometrics technology. Through the award-winning and multi-layered Cognitive Security Platform®, XTN protects the services of several kinds of environments, such as Banks, Fintech, e-commerce, and Automotive.
Since its inception, the company has significantly invested in activities, thus improving and earning competencies in developing Artificial Intelligence and Machine Learning based solutions.
XTN is based in London, Boston, Milan and Rovereto (TN).