ThreatMetrix and Gemalto to transform digital auth

SAN JOSE, CA and AMSTERDAM, THE NETHERLANDS --(Marketwired - June 06, 2017) - ThreatMetrix ^® , The Digital Identity Company ^® and Gemalto, the world leader in digital security, today announced a new partnership to provide customers with the combined benefits of their leading authentication and digital identity solutions.

The partnership covers all geographies and will focus on delivering holistic authentication to the financial services segment, including banks, payment services providers, credit card networks, international payment transfer companies and fintech companies.

Integrating the unique insights from the ThreatMetrix Digital Identity Network ^® with Gemalto's authentication solutions will help protect online customers from external attacks, while striking the balance between a user-friendly and secure online experience. The combination of the expertise and comprehensive solution set from both companies will help provide financial institutions the ability to cover the entire spectrum of risk-based and strong authentication techniques.

Leveraging best-in-class authentication solutions from ThreatMetrix and Gemalto enables financial institutions to secure and grow their online business without complexity. The integrated offering provides scalable, flexible, and compliant protection for banks and financial institutions.

"Authenticating digital identities has become essential for the financial services industry," says Pascal Podvin, SVP of field operations for ThreatMetrix. "This allows financial institutions to deliver superior customer experiences while driving online revenue growth. Crucially, this also prevents massive losses from rising fraud attacks, particularly in cases of identity spoofing."

He added, "The integration of risk-based and strong authentication provides smart authentication that's secure, real-time and has minimial disruption for the customer experience. With ThreatMetrix and Gemalto working together, our customers are able to exceed customer requirements for smooth omni-channel experiences, while achieving compliance with regulators worldwide."

According to Hakan Nordfjell, Senior Vice President, eBanking & eCommerce at Gemalto, "Combining ThreatMetrix capabilities with Gemalto's rich set of authentication solutions enables banks to optimize the balance between user experience, trust and security. We also help them comply with the latest regulations such as the Regulatory Technical Standards of PSD2. For banks, this will facilitate in higher adoption of digital banking across their customer base, as well as target a reduction of both false acceptance and rejection rates."

Many major financial institutions are already using ThreatMetrix and Gemalto services. Through this partnership customers benefit from a single vendor relationship, including contractual, maintenance, support, and professional services.

About ThreatMetrix

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 4,500 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, e-commerce, payments and lending, media, government and insurance.

About Gemalto

Gemalto is the global leader in digital security , with 2016 annual revenues of EUR3.1 billion and customers in over 180 countries. Gemalto brings trust to an increasingly connected world, with technologies and services that enable businesses and governments to authenticate identities and protect data so they stay safe and enable services in personal devices, connected objects, the cloud and in between.

Gemalto's solutions are at the heart of modern life, from payment to enterprise security and the internet of things. Gemalto authenticate people, transactions and objects, encrypt data and create value for software -- enabling our clients to deliver secure digital services for billions of individuals and things. Our 15,000+ employees operate out of 112 offices, 43 personalization and data centers, and 30 research and software development centers located in 48 countries.

For more information visit www.gemalto.com , or follow @gemalto on Twitter.

For more information, visit www.threatmetrix.com or call 1-408-200-5755. Join the cybersecurity conversation by visiting the ThreatMetrix blog , Twitter , LinkedIn and Facebook pages.