@xyverify.com
XYverify enables consumers, businesses, banks and other financial services to reduce costs and fraud around transactions through a cloud computing-based mobile location authentication platform.
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Description
XYverify is a leading brand that offers innovative solutions to reduce costs and fraud in transactions. Their cloud computing-based mobile location authentication platform is utilized by consumers, businesses, banks, and other financial services. XYverify's mobile transaction and authentication solutions provide proximity-based security for seamless and safe transactions.
The technology leverages trusted real-time locations from customers and their mobile devices to enhance real-time authentication, reduce fraud, and improve mobile security. Privacy is ensured through profile-based zones instead of specific locations. With XYverify, banks, enterprises, and e-commerce payment providers can secure transactions and protect card issuers, enterprises, and consumers from costly financial and data breaches.
The algorithm and software-as-a-service platform invisibly geo-match customer smartphone and tablet devices in real-time, combining multiple sources of cell tower, Wi-Fi, and other wireless network signals. XYverify's breakthrough compliance and risk reduction capabilities enable better Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance. The brand's technology verifies customer location at the time of the transaction, reducing risk and fraud without invading privacy or capturing personal data.
Overall, XYverify provides trusted and reliable services that enhance the authentication process, deliver fourth-factor validation, reduce fraud rates, and improve customer service
Company Type
Privately Held
Company Size
2-10
Year Founded
2011
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