Team Callsign has been announced as the winner of the Temenos Innovation Jam London, where they showcased their solution to an audience of banking and technology leaders. They will now join winners from the seven other regional heats for the final competition at the Temenos Community Forum, being held May 22-24, 2018. There, they will have the opportunity to present their solution to over 1,200 delegates from financial institutions and technology leaders from around the world.
The team demonstrated to the audience how their Intelligence Driven Authentication Platform can add an additional layer of security to the user journey without impacting the user experience. The solution proactively defends against data breaches and cybercrime by analyzing thousands of data points to build unique individual identity profiles. IT then applies the appropriate authentication journeys based on what action is being performed, by who, where, and how.
Paul Anderson, Head of Strategic Alliances, Callsign, commented: “The two biggest assets that banks have over new competitors are data and trust. Yet across industries, data breaches and cybercrime are at an all-time high. The challenge banks face is: how do you implement secure authentication practices without compromising the user experience? That’s where Callsign comes in. We provide an agile and intelligent authentication solution that enables banks to protect against threats in real-time. Our solution adjusts the authentication journey to the risk, using a variety of biometric and knowledge-based authenticators. We are proud to have been selected as the winners of Innovation Jam London, and we look forward to presenting at the final round in Dublin.”
Ben Robinson, Chief Strategy Officer, Temenos, commented: “Through the Temenos MarketPlace, we are creating an ecosystem where fintech startups can partner with financial institutions around the world. At the same time, financial institutions large and small can access the latest innovations, all in an integrated and secure environment. The annual Innovation Jam competition is part of Temenos’ strategy to identify and partner with the very best fintechs and facilitate those relationships. Callsign has clearly pulled ahead as a leader, and we’re excited for them to join us at the final in Dublin.”
About the Temenos MarketPlace
Launched at the start of 2016, the Temenos MarketPlace is a platform for facilitating the exchange of value between fintech providers and financial institutions. Its value proposition is based on curating the very best fintech solutions from around the world, certifying and integrating these solutions with the Temenos Suites, and making these solutions as easy as possible to provision. Today, the MarketPlace is the world’s largest fintech store, with over 100 applications from more than 50 fintech providers. For more information about the Tenemos MarketPlace visit marketplace.temenos.com.