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- Finovate Better of Present winner Arkose Labs introduced an integration with Ping Identification.
- The partnership will mix Arkose’s Fraud Deterrence Platform with Ping Identification’s PingOne DaVinci no-code identification orchestration service.
- Arkose Labs made its Finovate debut in 2019. Ping Identification has been a Finovate alum since its look at FinovateEurope in 2012.
Fraud deterrence and account safety specialist Arkose Labs introduced an integration with fellow Finovate alum Ping Identification. Arkose Labs will leverage Ping Identification’s no-code identification orchestration service, PingOne DaVinci, to create a further stage of safety towards each bot and human-led fraud assaults.
The combination blends Ping Identification’s identification and entry administration (IAM) know-how with the Arkose Fraud Deterrence Platform. The mixed providing will allow enterprise shoppers to raised determine approved customers sooner, lowering friction throughout account registration and log in. The know-how additionally reduces emphasis on multi-factor authentication, creating an much more seamless expertise for customers.
“Arkose Labs may be very excited to combine our main fraud detection and safety platform into DaVinci,” Arkose Labs Chief Product Officer Ashish Jain mentioned. “Along with Ping we’re offering a best-in-class expertise to finish customers whereas serving to to guard an organization’s digital setting from malicious assaults.”
The Arkose Labs/Ping Identification partnership comes because the variety of energetic fraudsters has grown by 10x since 2019 – in line with the Arkose International Community. Moreover, Arkose famous that client, account-based fraud nonetheless represents virtually 33% of all cybercrime losses. Companies which have embraced Arkose Labs’ know-how have seen their capacity to enhance bot detection by 90% or extra and an enchancment in approved consumer throughput of 70% or extra.
Partnering with Ping Identification ought to solely improve Arkose’s capacity to assist its prospects defend themselves towards cyberfraud. Corporations which have teamed up to make use of PingIdentity’s PingOne DaVinci options – through Ping Identification’s International Expertise Accomplice Program – have been in a position to ship protected consumer experiences in industries starting from finance and e-commerce to gaming and client know-how.
“Ping Identification is dedicated to increasing our know-how companion ecosystem to ship higher, extra frictionless buyer experiences,” Ping Identification SVP of Product Administration Loren Russon mentioned. “Our partnership with Arkose Labs leverages PingOne DaVinci’s seamless orchestration to make sure dynamic consumer journeys are delivered shortly and effectively at each stage of the consumer journey.”
Arkose Labs gained Better of Present in its Finovate debut at FinovateSpring 2019. The corporate returned to the Finovate stage two years later for FinovateFall the place it demonstrated its Fraud and Abuse Prevention Platform. Headquartered in San Francisco, California and based in 2017, Arkose Labs has raised greater than $106 million in funding from traders together with the SoftBank Imaginative and prescient Fund, the Sony Innovation Fund, and PayPal Ventures.
Photograph by cottonbro
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